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 (3,256) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious YUM increase. With 3,256 contracts traded and 2384 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: YUM161216C00062500 closed last at: $1.2 or 114.3% up. About 94,054 shares traded hands. Yum! Brands, Inc. (NYSE:YUM) has risen 4.50% since April 20, 2016 and is uptrending. It has underperformed by 0.06% 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 49.40% above today’s ($62.11) stock price. YUM! Brands has been the topic of 41 analyst reports since July 1, 2015 according to StockzIntelligence Inc. The rating was upgraded by Credit Suisse on Thursday, October 8 to “Neutral”. The rating was maintained by Oppenheimer with “Outperform” on Thursday, July 14. Telsey Advisory Group maintained the stock with “Neutral” rating in Wednesday, August 19 report. The rating was maintained by Credit Suisse with “Neutral” on Wednesday, September 28. The firm has “Hold” rating given on Tuesday, April 5 by Evercore. On Wednesday, October 7 the stock rating was maintained by Oppenheimer with “Outperform”. Credit Suisse maintained Yum! Brands, Inc. (NYSE:YUM) rating on Monday, March 28. Credit Suisse has “Neutral” rating and $82 price target. JP Morgan maintained the stock with “Overweight” rating in Thursday, April 21 report. As per Thursday, July 14, the company rating was maintained by JP Morgan. The rating was maintained by Nomura on Thursday, July 14 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 dived, 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.
Commonwealth Equity Serv Inc reported 85,990 shares or 0.06% of all its holdings. Reilly Fin Ltd has 433 shares for 0.01% of their US portfolio. Salem Invest Counselors Inc last reported 16,856 shares in the company. Putnam Llc owns 1.26 million shares or 0.25% of their US portfolio. Parkwood Llc last reported 0.04% of its portfolio in the stock. Swiss Bancorporation holds 0.15% or 1.15 million shares in its portfolio. Conning last reported 0.12% of its portfolio in the stock. Canada Pension Plan Invest Board last reported 9,499 shares in the company. Supplemental Annuity Collective Trust Of Nj has invested 0.34% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). The New York-based Falcon Edge L P has invested 2.82% in Yum! Brands, Inc. (NYSE:YUM). Hudson Bay Mngmt L P accumulated 6,563 shares or 0.02% of the stock. Mai has invested 0.08% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Segall Bryant Hamill accumulated 0.04% or 20,116 shares. Lodestar Invest Counsel Ltd Liability Corp Il last reported 4,825 shares in the company. Spc Fincl last reported 0.14% of its portfolio in the stock.

Insider Transactions: Since July 22, 2016, the stock had 0 insider purchases, and 5 insider sales for $15.05 million net activity. $8.21 million worth of Yum! Brands, Inc. (NYSE:YUM) shares were sold by Pant Muktesh. 53,518 shares were sold by Eaton Roger G., worth $4.91M. On Friday, July 22 Russell David Eric sold $469,170 worth of the stock or 5,213 shares. 14,487 Yum! Brands, Inc. (NYSE:YUM) shares with value of $1.30M were sold by Gibbs David W. 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 $23.39 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 15.8 P/E ratio. 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.

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.

More recent Yum! Brands, Inc. (NYSE:YUM) news were published by: Investorplace.com which released: “Why Yum! Brands, Inc. Is a Strong Sell (YUM)” on November 16, 2016. Also Prnewswire.com published the news titled: “Yum China Completes Separation From Yum! Brands, Lists on The New York Stock …” on November 01, 2016. Investorplace.com‘s news article titled: “Yum! Brands, Inc. (YUM) Debuts New Taco Bell Logo” with publication date: November 15, 2016 was also an interesting one.

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