Deutsche Bank Aktiengesellschaft Lowers Yum! Brands (NYSE:YUM) Price Target to $145.00

Yum! Brands (NYSE:YUM) had its target price dropped by investment analysts at Deutsche Bank Aktiengesellschaft from $147.00 to $145.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has a “hold” rating on the restaurant operator’s stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 9.70% from the stock’s current price.

YUM has been the topic of a number of other reports. JPMorgan Chase & Co. lifted their price target on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. Robert W. Baird boosted their target price on shares of Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. TD Cowen downgraded shares of Yum! Brands from a “buy” rating to a “hold” rating and cut their price target for the company from $156.00 to $145.00 in a report on Wednesday, October 16th. Morgan Stanley decreased their price objective on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a report on Tuesday, July 16th. Finally, Stifel Nicolaus dropped their target price on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a report on Monday, July 22nd. Ten investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $146.31.

Yum! Brands Stock Down 1.9 %

Shares of NYSE YUM traded down $2.54 during mid-day trading on Wednesday, hitting $132.18. 808,504 shares of the company were exchanged, compared to its average volume of 1,937,110. The stock has a 50 day simple moving average of $134.26 and a 200-day simple moving average of $134.81. Yum! Brands has a 1-year low of $123.60 and a 1-year high of $143.20. The firm has a market cap of $37.17 billion, a price-to-earnings ratio of 24.20, a price-to-earnings-growth ratio of 2.09 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.90 billion. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.44 earnings per share. Analysts anticipate that Yum! Brands will post 5.59 earnings per share for the current fiscal year.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 7,069 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $137.92, for a total transaction of $974,956.48. Following the sale, the chief executive officer now owns 159,132 shares in the company, valued at approximately $21,947,485.44. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO David W. Gibbs sold 7,005 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $134.43, for a total transaction of $941,682.15. Following the completion of the sale, the chief executive officer now directly owns 152,634 shares of the company’s stock, valued at $20,518,588.62. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO David W. Gibbs sold 7,069 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $137.92, for a total value of $974,956.48. Following the sale, the chief executive officer now directly owns 159,132 shares of the company’s stock, valued at approximately $21,947,485.44. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,622 shares of company stock worth $4,172,740 over the last ninety days. 0.31% of the stock is currently owned by corporate insiders.

Institutional Trading of Yum! Brands

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of Yum! Brands by 24.0% in the first quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock worth $4,022,648,000 after acquiring an additional 5,607,517 shares in the last quarter. Capital World Investors increased its holdings in Yum! Brands by 23.7% in the 1st quarter. Capital World Investors now owns 18,121,611 shares of the restaurant operator’s stock valued at $2,512,561,000 after purchasing an additional 3,470,883 shares in the last quarter. Cantillon Capital Management LLC purchased a new position in Yum! Brands in the first quarter valued at about $200,668,000. Capital International Investors lifted its stake in shares of Yum! Brands by 10.2% during the first quarter. Capital International Investors now owns 14,669,356 shares of the restaurant operator’s stock worth $2,033,906,000 after purchasing an additional 1,362,813 shares in the last quarter. Finally, TD Asset Management Inc boosted its position in shares of Yum! Brands by 36.6% in the first quarter. TD Asset Management Inc now owns 2,174,526 shares of the restaurant operator’s stock worth $301,498,000 after buying an additional 582,267 shares during the period. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Company Profile

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.