Yum! Brands (NYSE:YUM) had its price target upped by UBS Group from $108.00 to $114.00 in a research note issued to investors on Thursday morning, The Fly reports. UBS Group currently has a buy rating on the restaurant operator’s stock.

A number of other equities research analysts have also recently commented on the company. Stifel Nicolaus lifted their price objective on Yum! Brands from $95.00 to $105.00 and gave the stock a buy rating in a research note on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft raised Yum! Brands from a hold rating to a buy rating and lifted their price objective for the stock from $80.00 to $107.00 in a research note on Monday, August 3rd. Oppenheimer boosted their target price on Yum! Brands from $103.00 to $108.00 and gave the company an outperform rating in a research note on Monday, August 17th. Royal Bank of Canada boosted their target price on Yum! Brands from $87.00 to $94.00 and gave the company a sector perform rating in a research note on Friday, July 31st. Finally, Credit Suisse Group boosted their target price on Yum! Brands from $99.00 to $103.00 and gave the company a neutral rating in a research note on Friday, October 30th. Fourteen research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Yum! Brands presently has a consensus rating of Hold and a consensus price target of $101.21.

NYSE YUM opened at $104.99 on Thursday. The stock has a fifty day moving average of $98.21 and a 200-day moving average of $92.57. The stock has a market capitalization of $31.67 billion, a P/E ratio of 31.53, a price-to-earnings-growth ratio of 2.49 and a beta of 0.93. Yum! Brands has a 52 week low of $54.95 and a 52 week high of $107.62.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Thursday, October 29th. The restaurant operator reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.22. Yum! Brands had a negative return on equity of 12.42% and a net margin of 18.78%. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the previous year, the firm earned $0.80 earnings per share. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. As a group, equities research analysts forecast that Yum! Brands will post 3.17 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Investors of record on Wednesday, November 25th will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Tuesday, November 24th. This represents a $1.88 annualized dividend and a yield of 1.79%. Yum! Brands’s payout ratio is presently 52.96%.

In related news, CEO Anthony Lowings sold 4,095 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $96.12, for a total transaction of $393,611.40. Also, insider Tracy L. Skeans sold 4,800 shares of the company’s stock in a transaction dated Wednesday, November 18th. The stock was sold at an average price of $105.00, for a total value of $504,000.00. Following the sale, the insider now owns 3,289 shares in the company, valued at approximately $345,345. The disclosure for this sale can be found here. Insiders have sold 33,953 shares of company stock worth $3,369,254 in the last quarter. 0.72% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in YUM. Belpointe Asset Management LLC acquired a new position in Yum! Brands during the second quarter worth approximately $187,000. New York State Teachers Retirement System increased its position in Yum! Brands by 2.0% during the second quarter. New York State Teachers Retirement System now owns 360,108 shares of the restaurant operator’s stock worth $31,297,000 after buying an additional 7,208 shares during the last quarter. Joel Isaacson & Co. LLC acquired a new position in Yum! Brands during the second quarter worth approximately $230,000. FDx Advisors Inc. increased its position in Yum! Brands by 14.7% during the second quarter. FDx Advisors Inc. now owns 4,069 shares of the restaurant operator’s stock worth $354,000 after buying an additional 522 shares during the last quarter. Finally, Tarbox Family Office Inc. increased its position in Yum! Brands by 95.9% during the second quarter. Tarbox Family Office Inc. now owns 290 shares of the restaurant operator’s stock worth $25,000 after buying an additional 142 shares during the last quarter. 75.22% of the stock is currently owned by hedge funds and other institutional investors.

Yum! Brands Company Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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