Yum! Brands, Inc. Is a Sell; Strong Momentum from Option Traders

 Yum! Brands, Inc. Is a Sell; Strong Momentum from Option Traders

In today’s session Yum! Brands, Inc. (YUM) recorded an unusually high (419) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious YUM decrease. With 419 contracts traded and 23664 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: YUM161021P00082500 closed last at: $0.73 or 7.6% down. About 1.41M shares traded hands. Yum! Brands, Inc. (NYSE:YUM) has risen 19.72% since March 2, 2016 and is uptrending. It has outperformed by 11.46% the S&P500.

Yum! Brands, Inc. (NYSE:YUM) Ratings Coverage

Out of 17 analysts covering YUM! Brands (NYSE:YUM), 9 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 53% are positive. $116 is the highest target while $73 is the lowest. The $92.14 average target is 3.39% above today’s ($89.12) stock price. YUM! Brands has been the topic of 37 analyst reports since July 1, 2015 according to StockzIntelligence Inc. The rating was downgraded by RBC Capital Markets on Friday, September 23 to “Outperform”. The rating was upgraded by Credit Suisse on Thursday, October 8 to “Neutral”. The firm has “Buy” rating given on Friday, March 18 by Longbow. As per Wednesday, October 7, the company rating was maintained by JP Morgan. The rating was upgraded by Cowen & Co on Tuesday, December 1 to “Outperform”. On Thursday, July 14 the stock rating was maintained by Nomura with “Buy”. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, October 7. The firm has “Buy” rating given on Thursday, August 13 by Bernstein. As per Thursday, August 20, the company rating was maintained by Jefferies. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, September 28 report.

According to Zacks Investment Research, “Yum! Brands, Inc. is the world’s largest restaurant company in terms of system units with nearly 38,000 restaurants in over 120 countries and territories. Their brands – KFC, Pizza Hut and Taco Bell – are the global leaders of the chicken, pizza and Mexican-style food categories. The Yum! system includes four operating segments: U.S., International (Yum! Restaurants International), China and India Divisions.”

Insitutional Activity: The institutional sentiment increased to 0.84 in Q2 2016. Its up 0.13, from 0.71 in 2016Q1. The ratio increased, as 51 funds sold all Yum! Brands, Inc. shares owned while 294 reduced positions. 66 funds bought stakes while 225 increased positions. They now own 276.20 million shares or 10.96% less from 310.20 million shares in 2016Q1.
Analytic Investors Limited Com accumulated 0.04% or 38,892 shares. Fincl Bank Of New York Mellon accumulated 0.2% or 8.00 million shares. Moreover, Fjarde Ap has 0.15% invested in Yum! Brands, Inc. (NYSE:YUM) for 79,958 shares. Moreover, Bradley Foster & Sargent Incorporated Ct has 0.03% invested in Yum! Brands, Inc. (NYSE:YUM) for 8,545 shares. Senator Group Inc L P holds 1.85M shares or 2.46% of its portfolio. Pr Herzig & last reported 19,207 shares in the company. Cranbrook Wealth Management Ltd Liability Company last reported 0.07% of its portfolio in the stock. Ray Gerald L And Limited holds 22,443 shares or 0.3% of its portfolio. Indiana Trust & Management Com has 0.16% invested in the company for 3,960 shares. Commonwealth Bancorp Of Aus last reported 0.03% of its portfolio in the stock. The Florida-based State Board Of Administration Of Florida Retirement Sys has invested 0.16% in Yum! Brands, Inc. (NYSE:YUM). Trustmark State Bank Trust Department holds 0.03% of its portfolio in Yum! Brands, Inc. (NYSE:YUM) for 2,824 shares. Comerica National Bank & Trust last reported 96,533 shares in the company. First Republic Inv owns 71,974 shares or 0.06% of their US portfolio. Wagner Bowman Mgmt Corporation accumulated 21,166 shares or 0.68% of the stock.

Insider Transactions: Since July 22, 2016, the stock had 0 insider buys, and 4 selling transactions for $13.74 million net activity. Shares for $469,170 were sold by Russell David Eric on Friday, July 22. Shares for $8.21 million were sold by Pant Muktesh. Eaton Roger G. had sold 53,518 shares worth $4.91 million. On Friday, July 22 Skeans Tracy L sold $161,412 worth of the stock or 1,793 shares.

YUM! Brands, Inc. is engaged in restaurant business. The company has a market cap of $34.50 billion. The Firm develops, operates, franchises and licenses an across the world system of restaurants, which prepare, package and sell a menu of food items, primarily through the three concepts of KFC, Pizza Hut and Taco Bell (the Concepts). It has a 26.85 P/E ratio. YUM operates through four divisions: YUM China (China Division), which includes all activities in mainland China; The KFC Division, which includes all activities of the KFC concept outside of China Division; The Pizza Hut Division, which includes all activities of the Pizza Hut concept outside of China Division, and the Taco Bell Division, which includes all activities of the Taco Bell concept.

YUM Company Profile

YUM! Brands, Inc. (YUM), incorporated on May 30, 1997, is engaged in restaurant business. The Firm develops, operates, franchises and licenses an across the world system of restaurants, which prepare, package and sell a menu of food items, primarily through the three concepts of KFC, Pizza Hut and Taco Bell (the Concepts). YUM operates through four divisions: YUM China (China Division), which includes all activities in mainland China; The KFC Division, which includes all activities of the KFC concept outside of China Division; The Pizza Hut Division, which includes all activities of the Pizza Hut concept outside of China Division, and the Taco Bell Division, which includes all activities of the Taco Bell concept. The Firm has over 42,000 restaurants in over 130 countries and territories. The Company’s three Concepts focus on the chicken, pizza and Mexican-style food categories, respectively.

More notable recent Yum! Brands, Inc. (NYSE:YUM) news were published by: Marketwatch.com which released: “What to watch for in Yum Brands earnings” on October 04, 2016, also Seekingalpha.com with their article: “Yum! Brands And American Decline” published on October 04, 2016, Finance.Yahoo.com published: “Yum China files to issue 10 million shares to Yum Brands shareholders” on September 21, 2016. More interesting news about Yum! Brands, Inc. (NYSE:YUM) were released by: Benzinga.com and their article: “Yum Brands’ Pending China Spinoff Likely To Overshadow Q3 Results” published on September 30, 2016 as well as Benzinga.com‘s news article titled: “Stephanie Link Is Bullish On Yum Brands” with publication date: October 03, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment