Yum! Brands' (YUM) "Hold" Rating Reaffirmed at TD Securities

Yum! Brands (NYSE:YUM - Get Free Report)'s stock had its "hold" rating reiterated by stock analysts at TD Securities in a report released on Monday,Benzinga reports. They currently have a $164.00 price target on the restaurant operator's stock. TD Securities' target price would suggest a potential upside of 3.71% from the company's current price.

A number of other research firms also recently weighed in on YUM. Barclays boosted their target price on shares of Yum! Brands from $162.00 to $165.00 and gave the stock an "overweight" rating in a report on Friday, February 7th. Wells Fargo & Company lifted their target price on Yum! Brands from $145.00 to $160.00 and gave the stock an "equal weight" rating in a report on Wednesday, March 5th. Stifel Nicolaus increased their price target on Yum! Brands from $130.00 to $148.00 and gave the company a "hold" rating in a report on Friday, February 28th. Robert W. Baird boosted their price objective on shares of Yum! Brands from $160.00 to $176.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Finally, Argus upgraded shares of Yum! Brands from a "hold" rating to a "buy" rating and set a $155.00 target price for the company in a report on Tuesday, December 31st. Fifteen equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $151.79.

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Yum! Brands Stock Down 0.5 %

Yum! Brands stock traded down $0.79 during midday trading on Monday, reaching $158.13. 1,585,332 shares of the stock traded hands, compared to its average volume of 1,955,754. The stock has a market cap of $44.13 billion, a P/E ratio of 30.29, a PEG ratio of 2.31 and a beta of 1.03. Yum! Brands has a 12 month low of $122.13 and a 12 month high of $163.30. The stock's fifty day moving average is $148.44 and its 200-day moving average is $139.03.

Insider Buying and Selling at Yum! Brands

In other news, CEO David W. Gibbs sold 5,293 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $154.24, for a total value of $816,392.32. Following the sale, the chief executive officer now owns 157,893 shares in the company, valued at $24,353,416.32. This represents a 3.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Erika Burkhardt sold 597 shares of the firm's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $159.07, for a total value of $94,964.79. Following the sale, the insider now directly owns 64 shares in the company, valued at approximately $10,180.48. This trade represents a 90.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,132 shares of company stock worth $7,952,685. Company insiders own 0.31% of the company's stock.

Institutional Investors Weigh In On Yum! Brands

A number of hedge funds and other institutional investors have recently made changes to their positions in YUM. WealthTrak Capital Management LLC acquired a new stake in Yum! Brands during the fourth quarter valued at $25,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Yum! Brands during the 4th quarter valued at about $25,000. Safe Harbor Fiduciary LLC purchased a new position in shares of Yum! Brands in the 3rd quarter valued at about $29,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Yum! Brands in the 4th quarter valued at about $33,000. Finally, Itau Unibanco Holding S.A. boosted its position in Yum! Brands by 436.5% during the fourth quarter. Itau Unibanco Holding S.A. now owns 279 shares of the restaurant operator's stock worth $37,000 after purchasing 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.