Notable Price Action: A Reversal for Yum! Brands, Inc. Is Not Near. The Stock Rises Again

Notable Price Action: A Reversal for Yum! Brands, Inc. Is Not Near. The Stock Rises Again

The stock of Yum! Brands, Inc. (NYSE:YUM) is a huge mover today! About 1.68 million shares traded hands. Yum! Brands, Inc. (NYSE:YUM) has risen 2.31% since April 18, 2016 and is uptrending. It has underperformed by 2.12% the S&P500.
The move comes after 8 months positive chart setup for the $22.88 billion company. It was reported on Nov, 18 by Barchart.com. We have $85.93 PT which if reached, will make NYSE:YUM worth $8.69B more.

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 firm has “Buy” rating given on Friday, March 18 by Longbow. The company was maintained on Wednesday, August 19 by Oppenheimer. The stock of Yum! Brands, Inc. (NYSE:YUM) has “Overweight” rating given on Thursday, July 14 by JP Morgan. The company was maintained on Wednesday, October 21 by RBC Capital Markets. The rating was maintained by Oppenheimer on Thursday, July 14 with “Outperform”. Credit Suisse maintained Yum! Brands, Inc. (NYSE:YUM) rating on Wednesday, September 28. Credit Suisse has “Neutral” rating and $90 price target. The firm has “Outperform” rating given on Wednesday, December 2 by Oppenheimer. Telsey Advisory Group maintained Yum! Brands, Inc. (NYSE:YUM) on Wednesday, August 19 with “Neutral” rating. Bernstein reinitiated the shares of YUM in a report on Thursday, May 26 with “Outperform” rating. On Wednesday, October 7 the stock rating was maintained by Stifel Nicolaus 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 decreased to 0.8 in Q2 2016. Its down 0.04, from 0.84 in 2016Q1. The ratio fall, 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.
Lmr Prns Llp has invested 0.19% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Shell Asset last reported 0.12% of its portfolio in the stock. The Massachusetts-based Boston And has invested 0.22% in Yum! Brands, Inc. (NYSE:YUM). Quantbot Technology Ltd Partnership has invested 0.04% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Moreover, Blue Fincl has 0.55% invested in Yum! Brands, Inc. (NYSE:YUM) for 7,942 shares. Tokio Marine Asset Mngmt holds 0.11% of its portfolio in Yum! Brands, Inc. (NYSE:YUM) for 12,733 shares. Chesapeake Asset Limited Liability Corp reported 2,965 shares or 0.2% of all its holdings. Moreover, Mercer Capital Advisers Inc has 0.04% invested in Yum! Brands, Inc. (NYSE:YUM) for 666 shares. Ruggie Capital Gru has 30 shares for 0% of their US portfolio. Victory Management Incorporated has invested 0% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Us Bank & Trust De reported 188,014 shares or 0.06% of all its holdings. Bancshares Of Montreal Can has 626,113 shares for 0.06% of their US portfolio. Moreover, Duncker Streett Incorporated has 0.04% invested in Yum! Brands, Inc. (NYSE:YUM) for 1,400 shares. Tradition Ltd Com holds 0.48% or 17,404 shares in its portfolio. Cap Limited Lc last reported 800 shares in the company.

Insider Transactions: Since July 22, 2016, the stock had 0 buys, and 5 selling transactions for $15.05 million net activity. Another trade for 53,518 shares valued at $4.91 million was made by Eaton Roger G. on Friday, September 2. 1,793 shares with value of $161,412 were sold by Skeans Tracy L on Friday, July 22. $1.30M worth of Yum! Brands, Inc. (NYSE:YUM) was sold by Gibbs David W. On Friday, July 22 Russell David Eric sold $469,170 worth of the stock or 5,213 shares. The insider Pant Muktesh sold $8.21M.

More notable recent Yum! Brands, Inc. (NYSE:YUM) news were published by: Businesswire.com which released: “Yum! Brands, Inc. Announces Authorization of up to $2 Billion in Share Repurchases” on November 17, 2016, also Investorplace.com with their article: “Why Yum! Brands, Inc. Is a Strong Sell (YUM)” published on November 16, 2016, Investorplace.com published: “Yum! Brands, Inc. (YUM) Debuts New Taco Bell Logo” on November 15, 2016. More interesting news about Yum! Brands, Inc. (NYSE:YUM) were released by: Prnewswire.com and their article: “Yum China Completes Separation From Yum! Brands, Lists on The New York Stock …” published on November 01, 2016 as well as Investorplace.com‘s news article titled: “Is Yum! Brands, Inc. (YUM) Really Better Off Without Yum China?” with publication date: October 19, 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’s divisions include 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. As of September 3, 2016, the Company operated approximately 43,000 restaurants in 135 countries and territories, through the concepts of KFC, Pizza Hut and Taco Bell. The Company’s concepts are focused on the chicken, pizza and Mexican-style food categories, respectively.

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