Miam’s actions! Brands, Inc. (NYSE: YUM) has been given an average recommendation of “Keep” from the seventeen research companies that currently cover the company, reports Marketbeat Ratings. An equity research analyst rated the stock with a sell rating, seven issued a conservation rating, and eight gave the company a buy rating. The 1-year average price target among brokerages that hedged the stock in the past year is $ 118.65.
Several research analysts recently commented on the title. Atlantic Securities took over the shares of Yum! The brands in a report this Tuesday April 6. They issued a “neutral” rating and a target price of $ 118.00 on the stock. Robert W. Baird has raised his target price for Yum! Brands from $ 127.00 to $ 130.00 and gave the company an “outperforming” rating in a report released Thursday, April 29. Oppenheimer has raised its target price on Yum! Marks $ 120.00 to $ 135 and gave the company an “outperforming” rating in a report released Thursday, April 29. Barclays has increased its price target on Yum! Marks from $ 115.00 to $ 121.00 and gave the company an “equal weight” rating in a research report released on Tuesday, June 1. Finally, Stifel Nicolaus increased his target price on the Yum! Marks $ 115 to $ 125 and gave the company a “buy” rating in a research report on Monday, April 26.
Actions of Yum yum traded up $ 0.78 during trading hours on Tuesday, reaching $ 119.10. 28,354 shares of the company were traded, for an average volume of 1,637,694. The stock has a market capitalization of $ 35.48 billion, a price / earnings ratio of 31.87, a PEG ratio of 2, 44 and a beta of 1.09. Yum! Brands has a one-year low at $ 84.17 and a one-year high at $ 122.72. The company’s fifty-day moving average price is $ 117.64.
Yum! Brands (NYSE: YUM) last reported quarterly results on Tuesday, April 27. The restaurateur reported earnings per share of $ 1.07 for the quarter, beating the Thomson Reuters consensus estimate of $ 0.87 by $ 0.20. Yum! The brands had a net margin of 19.52% and a negative return on equity of 15.62%. The company posted revenue of $ 1.49 billion for the quarter, compared to analysts’ estimates of $ 1.45 billion. During the same period of the previous year, the company posted $ 0.64 in EPS. The company’s revenue grew 17.7% year-over-year. On average, sell-side analysts expect Yum! Brands will show 4.12 BPA for the current year.
Yum! Brands announced that its board of directors authorized a share buyback program on Monday, May 10 that allows the company to repurchase $ 2.00 billion in shares. This buyback authorization authorizes the restaurateur to buy back up to 5.7% of its shares by way of purchase on the market. Share buyback programs are usually a sign that company management believes its shares are undervalued.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 11. Shareholders of record on Friday, May 28 will receive a dividend of $ 0.50 per share. This represents a dividend of $ 2.00 on an annualized basis and a dividend yield of 1.68%. The ex-dividend date is Thursday, May 27. Yum! Brands’ payout ratio is currently 55.25%.
Meanwhile, COO Tracy L. Skeans sold 10,838 shares of the company in a transaction that took place on Monday, May 24th. The shares were sold at an average price of $ 120.16, for a total transaction of $ 1,302,294.08. Following the closing of the sale, the COO now owns 16,242 shares of the company, valued at $ 1,951,638.72. The transaction was disclosed in a file with the Securities & Exchange Commission, accessible via this link. In addition, CEO David W. Gibbs sold 46,473 shares of the company in a transaction that took place on Thursday, April 29. The stock was sold for an average price of $ 118.38, for a total trade of $ 5,501,473.74. Following the sale, the CEO now directly owns 57,426 shares of the company, valued at approximately $ 6,798,089.88. Disclosure of this sale can be found here. Insiders sold 61,325 shares of the company valued at $ 7,267,062 in the past three months. Company insiders own 0.37% of the company’s shares.
A number of institutional investors have recently increased or reduced their stakes in the company. Advisory Services Network LLC has strengthened its stake in Yum! Brands 158.6% in the first quarter. Advisory Services Network LLC now owns 6,498 restaurateur shares worth $ 703,000 after purchasing an additional 3,985 shares during the period. Schroder Investment Management Group increased its holdings in Yum! Brands of 1,484.5% in the first quarter. Schroder Investment Management Group now owns 648,288 restaurateur shares worth $ 70,132,000 after purchasing an additional 607,373 shares during the period. Kingsview Wealth Management LLC has increased its holdings in Yum! Brands of 16.3% in the first quarter. Kingsview Wealth Management LLC now owns 5,384 restaurateur shares worth $ 591,000 after purchasing an additional 755 shares during the period. Gladstone Institutional Advisory LLC has purchased a new stake in Yum! Brands in the first quarter valued at $ 201,000. Finally, Baker Tilly Wealth Management LLC purchased a new stake in Yum! Brands in the first quarter valued at $ 482,000. 77.27% of the shares are held by hedge funds and other institutional investors.
Yum! Brands Company Profile
YUM! Brands, Inc., along with its subsidiaries, develops, operates and franchises quick service restaurants around the world. It operates through four segments: the KFC division, the Pizza Hut division, the Taco Bell division and the Habit Burger Grill division. The company operates restaurants under the KFC, Pizza Hut, Taco Bell and The Habit Burger Grill brands, which specialize in chicken, pizza, grilled-to-order burgers, sandwiches, Mexican-style food categories and more. ‘other food products.
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