Market Runner: Could Yum! Brands, Inc. Go Up After Achieving Yearly Low?

Market Runner: Could Yum! Brands, Inc. Go Up After Achieving Yearly Low?

The stock of Yum! Brands, Inc. (NYSE:YUM) hit a new 52-week low and has $56.88 target or 5.00% below today’s $59.87 share price. The 8 months bearish chart indicates high risk for the $16.37B company. The 1-year low was reported on Nov, 2 by Barchart.com. If the $56.88 price target is reached, the company will be worth $818.50M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 10.11 million shares traded hands or 140.14% up from the average. Yum! Brands, Inc. (NYSE:YUM) has risen 3.14% since March 31, 2016 and is uptrending. It has outperformed by 0.62% the S&P500.

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

Out of 17 analysts covering YUM! Brands (NYSE:YUM), 10 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 59% are positive. YUM! Brands has been the topic of 41 analyst reports since July 1, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, July 14 by BTIG Research. As per Tuesday, April 5, the company rating was initiated by Evercore. The stock has “Outperform” rating given by Bernstein on Thursday, May 26. The rating was maintained by CLSA with “Underperform” on Thursday, July 14. The firm has “Neutral” rating given on Monday, March 28 by Credit Suisse. The firm has “Buy” rating by Nomura given on Thursday, October 1. The firm has “Top Pick” rating given on Wednesday, October 7 by RBC Capital Markets. On Wednesday, October 7 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by Oppenheimer on Wednesday, October 7 with “Outperform”. On Wednesday, July 1 the stock rating was maintained by UBS with “Buy”.

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.
Suntrust Banks has 0.02% invested in the company for 33,706 shares. Meiji Yasuda Life Insur Company accumulated 0.05% or 3,990 shares. Adirondack Trust has 0.05% invested in the company for 780 shares. Tradition Cap Mgmt Limited Com accumulated 0.48% or 17,404 shares. Old Second Retail Bank Of Aurora has invested 0.02% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Moreover, Pennsylvania Tru has 0.1% invested in Yum! Brands, Inc. (NYSE:YUM) for 15,072 shares. Marshall Wace Ltd Liability Partnership reported 45,381 shares or 0.03% of all its holdings. Qs Invsts Limited Liability Co has invested 0.01% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Cap Int Limited Ca reported 65,800 shares or 0.4% of all its holdings. Boston Family Office Ltd Liability Corp has invested 0.08% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Millennium Ltd Co accumulated 0.09% or 454,273 shares. Pr Herzig And Inc last reported 3.36% of its portfolio in the stock. Benin Mngmt has 2,780 shares for 0.12% of their US portfolio. Paragon Management Ltd has 3,558 shares for 0.16% of their US portfolio. Cap Inv Advisors Limited Liability Corp reported 3,948 shares or 0.03% of all its holdings.

Insider Transactions: Since July 22, 2016, the stock had 0 buys, and 5 selling transactions for $15.05 million net activity. On Friday, July 22 Pant Muktesh sold $8.21M worth of the stock or 91,228 shares. Shares for $161,412 were sold by Skeans Tracy L. Another trade for 5,213 shares valued at $469,170 was made by Russell David Eric on Friday, July 22. On Friday, September 2 the insider Eaton Roger G. sold $4.91M. Another trade for 14,487 shares valued at $1.30M was sold by Gibbs David W.

More notable recent Yum! Brands, Inc. (NYSE:YUM) news were published by: Marketwatch.com which released: “Yum Brands China shares to start trading today” on November 01, 2016, also Bloomberg.com with their article: “Yum Blames South China Sea Dispute for Hurting Results in Asia” published on October 05, 2016, Reuters.com published: “Yum Brands to return $13.5 billion to shareowners by 2019” on October 11, 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 Investorplace.com‘s news article titled: “3 Stocks to Watch Thursday: Twitter Inc (TWTR), Yum! Brands, Inc. (YUM) and …” with publication date: October 06, 2016.

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.

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