Zacks Investment Research upgraded shares of Yum China Holdings Inc (NASDAQ:YUMC) from a sell rating to a hold rating in a research note released on Wednesday morning. Brands, Inc. (NYSE:YUM) has risen 21.70% since September 17, 2016 and is uptrending.
Several equities analysts have recently commented on YUM shares. Brands in a research report on Monday, September 11th. Brands in a research report on Tuesday, July 25th. Yum China Holdings has a consensus rating of Hold and a consensus target price of $37.56. The rating was maintained by Bernstein on Thursday, August 13 with "Buy". 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! They issued a "hold" rating for the company. Brands, Inc. (NYSE:YUM). Brant Point Investment Mgmt Lc holds 0.64% of its portfolio in Yum! 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 firm's 50-day moving average price is $36.67 and its 200-day moving average price is $32.15. The firm has a market cap of $14.33 billion and a P/E ratio of 27.49. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.03. Brands had a net margin of 16.76% and a negative return on equity of 24.95%. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the firm posted $0.75 EPS. The firm's revenue was down 4.0% on a year-over-year basis. Equities analysts predict that Yum! Brands will post $2.81 earnings per share for the current year. Bessemer Group Inc. increased its stake in Yum! "(YUM) Holdings Cut by Swiss National Bank" was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of USA & worldwide copyright & trademark law. The original version of this piece can be read at https://www.truebluetribune.com/2017/09/17/robert-w-baird-reiterates-hold-rating-for-yum-brands-inc-yum.html.
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Suntrust Banks Inc, which manages about $16.64 billion US Long portfolio, decreased its stake in American Wtr Wks Co Inc New (NYSE:AWK) by 5,312 shares to 7,951 shares, valued at $575,000 in 2016Q4, according to the filing. Brands stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $73.82, for a total value of $109,770.34. Following the sale, the chief executive officer now owns 6,719 shares of the company's stock, valued at $495,996.58. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO David W. Gibbs sold 8,336 shares of Yum! Brands, Inc. (NYSE:YUM) has "Overweight" rating given on Wednesday, October 7 by JP Morgan. The company's institutional ownership is monitored at 79.3 percent. The disclosure for this sale can be found here.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Brands by 440.0% in the second quarter. Davidson Kempner Capital Management LP now owns 675,000 shares of the restaurant operator's stock valued at $49,788,000 after acquiring an additional 550,000 shares during the last quarter. Cornerstone Incorporated owns 0.04% invested in Yum! Brands by 1.0% in the first quarter. Renaissance Technologies LLC now owns 2,625,400 shares of the restaurant operator's stock valued at $167,763,000 after buying an additional 1,774,600 shares during the last quarter. Brands by 11.9% during the 1st quarter. BlackRock Inc. now owns 20,053,997 shares of the restaurant operator's stock valued at $1,281,452,000 after buying an additional 19,249,564 shares during the last quarter. Fort Pitt Capital Group LLC lifted its position in Yum! Brands by 82.4% during the 1st quarter. Finally, WINTON GROUP Ltd lifted its position in Yum! Brands by 6.0% during the 1st quarter. Morgan Stanley now owns 4,757,237 shares of the restaurant operator's stock worth $303,987,000 after purchasing an additional 2,148,751 shares in the last quarter.
Iran's Supreme Leader Vows a Strong Response Against Attempts to Derail JCPOA
Iran's Supreme Leader Ali Khamenei responded Sunday to US President Donald Trump's claim about Tehran violating the nuclear deal's "spirit".
YUM! Brands, Inc is engaged in restaurant business. The company have rights to KFC, China's quick-service restaurant concept, Pizza Hut, casual dining restaurant brand and Taco Bell. The Firm operates through three divisions: The KFC Division, which includes the activities of the KFC concept around the world; The Pizza Hut Division, which includes the activities of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the activities of the Taco Bell concept around the world.
Olstein Capital Management LP Takes Position in Texas Instruments Incorporated (TXN)
Several other equities research analysts also recently weighed in on the stock. 94 funds opened positions while 278 raised stakes. The stock of Texas Instruments Incorporated (NASDAQ: TXN ) has "Sell" rating given on Wednesday, February 3 by Goldman Sachs.