What Will Happen to Yum! Brands, Inc. Next? The Stock Just Had Huge Bullish Options Activity

 What Will Happen to Yum! Brands, Inc. Next? The Stock Just Had Huge Bullish Options Activity

In today’s session Yum! Brands, Inc. (YUM) registered an unusually high (362) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious YUM increase. With 362 contracts traded and 6414 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: YUM170421C00065000 closed last at: $2.18 or 38.9% up. About 1.09M shares traded hands. Yum! Brands, Inc. (NYSE:YUM) has risen 6.12% since April 7, 2016 and is uptrending. It has outperformed by 1.34% 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. $116 is the highest target while $65 is the lowest. The $92.79 average target is 50.68% above today’s ($61.58) stock price. YUM! Brands has been the topic of 41 analyst reports since July 1, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the stock with “Equal Weight” rating in Wednesday, October 7 report. Nomura maintained it with “Buy” rating and $96 target price in Thursday, July 14 report. The company was maintained on Friday, November 13 by Oppenheimer. The stock of Yum! Brands, Inc. (NYSE:YUM) has “Hold” rating given on Thursday, August 20 by Jefferies. The company was maintained on Thursday, August 20 by JP Morgan. Credit Suisse upgraded the shares of YUM in a report on Wednesday, October 19 to “Outperform” rating. The rating was maintained by JP Morgan on Wednesday, October 7 with “Overweight”. The firm has “Outperform” rating by Bernstein given on Thursday, July 14. Credit Suisse maintained Yum! Brands, Inc. (NYSE:YUM) on Thursday, July 14 with “Neutral” rating. The rating was upgraded by Credit Suisse on Thursday, October 8 to “Neutral”.

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 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.
The Michigan-based Azimuth Management Ltd Liability Corp has invested 0.05% in Yum! Brands, Inc. (NYSE:YUM). Ig Invest Mgmt Limited accumulated 92,517 shares or 0.03% of the stock. Principal Fin Grp holds 1.03 million shares or 0.12% of its portfolio. Quest Investment Mgmt Or, a Oregon-based fund reported 74,014 shares. Park Oh last reported 5,201 shares in the company. Lpl Ltd Liability holds 0% or 3,346 shares in its portfolio. Oxbow Limited Liability Company last reported 0.03% of its portfolio in the stock. Qci Asset Management Inc Ny, a New York-based fund reported 301 shares. Jacobus Wealth has 1,352 shares for 0.03% of their US portfolio. Segall Bryant And Hamill Lc accumulated 20,116 shares or 0.04% of the stock. British Columbia Inv Mgmt Corp last reported 158,045 shares in the company. Bragg Advisors last reported 0.07% of its portfolio in the stock. Exane Derivatives owns 60 shares or 0% of their US portfolio. Lsv Asset Mgmt, a Illinois-based fund reported 2,614 shares. Carnegie Cap Asset Management Ltd Company has 0.1% invested in the company for 8,066 shares.

Insider Transactions: Since July 22, 2016, the stock had 0 buys, and 5 selling transactions for $15.05 million net activity. $4.91 million worth of Yum! Brands, Inc. (NYSE:YUM) was sold by Eaton Roger G.. Russell David Eric also sold $469,170 worth of Yum! Brands, Inc. (NYSE:YUM) shares. Gibbs David W had sold 14,487 shares worth $1.30M on Thursday, October 13. Shares for $161,412 were sold by Skeans Tracy L on Friday, July 22. 91,228 shares with value of $8.21M were sold by Pant Muktesh on Friday, July 22.

YUM! Brands, Inc. is engaged in restaurant business. The company has a market cap of $22.60 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 15.66 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 recent Yum! Brands, Inc. (NYSE:YUM) news were published by: Businesswire.com which released: “Yum! Brands Completes Separation of Yum China Business, Creating Two Powerful …” on November 01, 2016. Also Reuters.com published the news titled: “Yum Brands to return $13.5 billion to shareowners by 2019” on October 11, 2016. Investorplace.com‘s news article titled: “Is Yum! Brands, Inc. (YUM) Really Better Off Without Yum China?” with publication date: October 19, 2016 was also an interesting one.

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