Swiss National Bank cut its stake in Yum! Brands, Inc. (NYSE:YUM) in a report published on Friday, September 8th. Cetera Investment Advisers now owns 9,327 shares of the restaurant operator's stock valued at $687,000 after acquiring an additional 1,565 shares during the last quarter. Toronto Dominion Bank lifted its position in Yum!
More recent Yum! Brands, Inc.
A number of other hedge funds also recently bought and sold shares of YUMC. Kistler Tiffany Companies LLC lifted its position in Yum! Bank of New York Mellon Corp now owns 7,100,759 shares of the restaurant operator's stock worth $453,737,000 after purchasing an additional 755,288 shares in the last quarter. BlackRock Inc. raised its position in shares of Yum! Brands, Inc. (NYSE:YUM). Blackrock Institutional Trust Na has invested 0.09% in Yum! Brands, Inc. (NYSE:YUM). Buckhead Management Lc reported 3,394 shares stake. Brands by 440.0% in the second quarter. Toronto Dominion Bank now owns 112,134 shares of the restaurant operator's stock valued at $8,269,000 after acquiring an additional 21,284 shares during the last quarter.
The Hackett Group, Inc.is an advisory and technology consulting company. Brands by 82.4% in the first quarter. Fort Pitt Capital Group LLC now owns 4,150 shares of the restaurant operator's stock valued at $306,000 after acquiring an additional 600 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its stake in Yum! WINTON GROUP Ltd now owns 16,017 shares of the restaurant operator's stock valued at $1,181,000 after acquiring an additional 6,208 shares during the last quarter.
A number of key analysts, polled by FactSet, shared their views about the current stock momentum. The stock of Yum China Holdings Inc (NYSE:YUMC) has "Mkt Perform" rating given on Friday, November 4 by Bernstein. BidaskClub lowered Yum! Brands from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 10th. Zacks Investment Research downgraded Yum China Holdings from a "hold" rating to a "sell" rating in a report on Thursday, January 12th. Brands stock in a transaction dated Wednesday, August 9th. Fifteen analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. Yum! Yum China Holdings now has an average rating of "Hold" and an average price target of $40.26. The stock tapped a 52-week high of US$179.93 while the mean 12-month price target for the shares is US$195.3. The volume of 3.1 Million shares climbed up over an trading activity of 2.89 Million shares. The firm has a market capitalization of $25.94 billion, a price-to-earnings ratio of 19.98 and a beta of 0.83. The firm's 50-day moving average price is $36.67 and its 200-day moving average price is $32.15.
Yum! Brands (NYSE:YUM) last released its earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.07. Yum! The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.60 billion. Brands had a negative return on equity of 24.95% and a net margin of 16.76%. The firm's quarterly revenue was down 4.0% compared to the same quarter past year. During the same period in the prior year, the firm earned $0.75 EPS. On average, equities analysts anticipate that Yum! Yum China Holdings, Inc.is based in Shanghai, China.
COPYRIGHT VIOLATION NOTICE: This article was originally published by BBNS and is the sole property of of BBNS. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of US & global copyright & trademark law. Gibbs David W also sold $559,281 worth of Yum! The shares were sold at an average price of $37.72, for a total transaction of $836,780.48. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The company has a consensus rating of Buy and an average target price of $80.31. The shares were sold at an average price of $74.00, for a total transaction of $616,864.00. Following the completion of the sale, the insider now owns 23,457 shares in the company, valued at approximately $884,798.04. The disclosure for this sale can be found here. The forecast of 5 surveyed investment analysts covering the stock advises investors to Buy stake in the company.
Yum China Holdings, Inc is a restaurant company with approximately 7,200 restaurants. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell brands.