TD Securities Issues Positive Forecast for Yum! Brands (NYSE:YUM) Stock Price

Yum! Brands (NYSE:YUM - Get Free Report) had its target price lifted by analysts at TD Securities from $151.00 to $164.00 in a report released on Wednesday,Benzinga reports. The firm currently has a "hold" rating on the restaurant operator's stock. TD Securities' target price points to a potential upside of 3.37% from the company's previous close.

Several other equities analysts also recently commented on the company. Barclays increased their price target on Yum! Brands from $162.00 to $165.00 and gave the company an "overweight" rating in a report on Friday, February 7th. The Goldman Sachs Group raised their target price on shares of Yum! Brands from $140.00 to $155.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. Argus raised shares of Yum! Brands from a "hold" rating to a "buy" rating and set a $155.00 target price for the company in a research report on Tuesday, December 31st. Redburn Atlantic downgraded Yum! Brands from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 11th. Finally, Citigroup reiterated a "neutral" rating and issued a $141.00 price objective (down from $153.00) on shares of Yum! Brands in a research note on Friday, January 10th. Thirteen investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $150.16.

Yum! Brands Stock Performance

YUM opened at $158.65 on Wednesday. The company has a market cap of $44.28 billion, a PE ratio of 30.39, a price-to-earnings-growth ratio of 2.31 and a beta of 1.10. The stock has a 50-day moving average of $137.32 and a 200-day moving average of $135.88. Yum! Brands has a 52-week low of $122.13 and a 52-week high of $164.08.

Insider Transactions at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 3,815 shares of the company's stock in a transaction on Monday, December 16th. The stock was sold at an average price of $137.06, for a total value of $522,883.90. Following the sale, the chief executive officer now directly owns 149,385 shares in the company, valued at $20,474,708.10. This represents a 2.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.31% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Yum! Brands

Several institutional investors and hedge funds have recently made changes to their positions in the company. WealthTrak Capital Management LLC bought a new position in Yum! Brands during the 4th quarter valued at about $25,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Yum! Brands during the fourth quarter worth approximately $25,000. Safe Harbor Fiduciary LLC bought a new position in shares of Yum! Brands in the third quarter valued at approximately $29,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of Yum! Brands in the fourth quarter valued at approximately $33,000. Finally, Itau Unibanco Holding S.A. boosted its holdings in shares of Yum! Brands by 436.5% in the 4th quarter. Itau Unibanco Holding S.A. now owns 279 shares of the restaurant operator's stock worth $37,000 after acquiring an additional 227 shares in the last quarter. Institutional investors and hedge funds own 82.37% of the company's stock.

About Yum! Brands

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.

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