Time to Buy Yum! Brands, Inc. After Today’s Option Traders Bet?

 Time to Buy Yum! Brands, Inc. After Today's Option Traders Bet?

In today’s session Yum! Brands, Inc. (YUM) registered an unusually high (1,609) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious YUM increase. With 1,609 contracts traded and 16194 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: YUM161021C00085000 closed last at: $4.95 or 2% down. About 1.05 million shares traded hands. Yum! Brands, Inc. (NYSE:YUM) has risen 10.87% since March 15, 2016 and is uptrending. It has outperformed by 5.38% 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. YUM! Brands has been the topic of 39 analyst reports since July 1, 2015 according to StockzIntelligence Inc. The rating was upgraded by Cowen & Co on Tuesday, December 1 to “Outperform”. The firm has “Buy” rating by Nomura given on Thursday, October 1. The company was maintained on Thursday, July 14 by Bernstein. JP Morgan maintained it with “Overweight” rating and $97 target price in Thursday, July 14 report. The rating was maintained by Barclays Capital on Wednesday, October 7 with “Equal Weight”. The firm earned “Top Pick” rating on Wednesday, October 7 by RBC Capital Markets. As per Wednesday, August 19, the company rating was maintained by Telsey Advisory Group. The firm has “Overweight” rating by JP Morgan given on Wednesday, October 7. The firm earned “Outperform” rating on Thursday, May 26 by Bernstein. The stock has “Hold” rating given by Evercore on Tuesday, April 5.

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 2016 Q2. Its up 0.13, from 0.71 in 2016Q1. The ratio improved, 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.
The Ohio-based Johnson Inv Counsel has invested 0.02% in Yum! Brands, Inc. (NYSE:YUM). Moreover, Wagner Bowman Mgmt Corp has 0.68% invested in Yum! Brands, Inc. (NYSE:YUM) for 21,166 shares. Cohen Klingenstein Ltd accumulated 92,600 shares or 1.41% of the stock. Cranbrook Wealth Limited Liability Corporation last reported 0.07% of its portfolio in the stock. Moreover, M Holding Incorporated has 0.12% invested in Yum! Brands, Inc. (NYSE:YUM) for 2,848 shares. Voya Inv Management Limited Liability Corporation last reported 152,756 shares in the company. Citadel Ltd Liability Corp has 326,510 shares for 0.03% of their US portfolio. Public Sector Pension Invest Board has invested 0.07% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). High Point Natl Bank Tru Communications accumulated 0.02% or 960 shares. Qs Investors Ltd Liability accumulated 8,700 shares or 0.01% of the stock. First Midwest National Bank Trust Division has 4,441 shares for 0.05% of their US portfolio. Vigilant Capital Mgmt Llc reported 1,694 shares or 0.03% of all its holdings. The Maryland-based Horan Capital Management has invested 0.42% in Yum! Brands, Inc. (NYSE:YUM). Schwab Charles Inv Mgmt holds 1.18 million shares or 0.12% of its portfolio. Highbridge Management Ltd Limited Liability Company, a New York-based fund reported 16,581 shares.

Insider Transactions: Since July 22, 2016, the stock had 0 insider purchases, and 5 insider sales for $15.05 million net activity. Russell David Eric also sold $469,170 worth of Yum! Brands, Inc. (NYSE:YUM) shares. $1.30M worth of Yum! Brands, Inc. (NYSE:YUM) was sold by Gibbs David W on Thursday, October 13. Skeans Tracy L sold $161,412 worth of Yum! Brands, Inc. (NYSE:YUM) on Friday, July 22. Pant Muktesh also sold $8.21M worth of Yum! Brands, Inc. (NYSE:YUM) on Friday, July 22. Eaton Roger G. sold $4.91 million worth of stock.

YUM! Brands, Inc. is engaged in restaurant business. The company has a market cap of $32.94 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 22.09 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: Bloomberg.com which released: “Yum Blames South China Sea Dispute for Hurting Results in Asia” on October 05, 2016, also Reuters.com with their article: “Yum Brands to return $13.5 billion to shareowners by 2019” published on October 11, 2016, Barrons.com published: “Yum! Brands Spins Off Its China Franchise” on October 15, 2016. More interesting news about Yum! Brands, Inc. (NYSE:YUM) were released by: Marketwatch.com and their article: “Yum Brands unveils plans to drive growth after separating China business” published on October 11, 2016 as well as Nasdaq.com‘s news article titled: “Yum! Brands, Inc. (YUM) Ex-Dividend Date Scheduled for October 17, 2016” with publication date: October 14, 2016.

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