Yum! Brands, Inc. (NYSE:YUM) was the recipient of unusually large options trading activity on Tuesday. Stock investors bought 1,087 put options on the stock. This is an increase of approximately 420% compared to the average daily volume of 209 put options.

Several equities analysts recently commented on the stock. Sanford C. Bernstein set a $78.00 price target on shares of Yum! Brands and gave the stock a “buy” rating in a research report on Saturday, February 11th. Barclays PLC increased their price objective on shares of Yum! Brands to $70.00 in a research report on Friday, February 10th. Jefferies Group LLC increased their price objective on shares of Yum! Brands to $66.00 in a research report on Friday, February 10th. Longbow Research lowered shares of Yum! Brands from a “buy” rating to a “neutral” rating in a research report on Friday, February 10th. Finally, Citigroup Inc increased their price objective on shares of Yum! Brands from $67.00 to $71.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 11th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Yum! Brands presently has a consensus rating of “Hold” and a consensus price target of $78.16.

Yum! Brands (NYSE:YUM) opened at 68.98 on Friday. Yum! Brands has a 1-year low of $59.57 and a 1-year high of $69.00. The company has a market capitalization of $24.41 billion, a P/E ratio of 17.06 and a beta of 0.76. The firm’s 50-day moving average is $64.65 and its 200-day moving average is $64.15.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings results on Wednesday, May 3rd. The restaurant operator reported $0.65 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.05. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.38 billion. Yum! Brands had a net margin of 14.76% and a negative return on equity of 75.96%. The business’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.95 EPS. Equities research analysts predict that Yum! Brands will post $2.74 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 5th. Stockholders of record on Friday, April 14th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, April 11th. This represents a $1.20 annualized dividend and a dividend yield of 1.74%. Yum! Brands’s dividend payout ratio is presently 29.93%.

In related news, CFO David W. Gibbs sold 7,986 shares of the company’s stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $68.33, for a total transaction of $545,683.38. Following the completion of the transaction, the chief financial officer now owns 39,098 shares of the company’s stock, valued at $2,671,566.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brian R. Niccol sold 11,938 shares of the company’s stock in a transaction that occurred on Friday, February 10th. The stock was sold at an average price of $68.17, for a total transaction of $813,813.46. Following the transaction, the chief executive officer now directly owns 36,910 shares of the company’s stock, valued at approximately $2,516,154.70. The disclosure for this sale can be found here. Corporate insiders own 7.38% of the company’s stock.

Several large investors have recently modified their holdings of the stock. Hudock Capital Group LLC increased its stake in shares of Yum! Brands by 0.3% in the third quarter. Hudock Capital Group LLC now owns 1,112 shares of the restaurant operator’s stock valued at $101,000 after buying an additional 3 shares in the last quarter. TLP Group LLC purchased a new stake in shares of Yum! Brands during the third quarter valued at approximately $128,000. Parallel Advisors LLC purchased a new stake in shares of Yum! Brands during the fourth quarter valued at approximately $101,000. Coconut Grove Bank increased its stake in shares of Yum! Brands by 84.6% in the first quarter. Coconut Grove Bank now owns 1,855 shares of the restaurant operator’s stock valued at $119,000 after buying an additional 850 shares in the last quarter. Finally, Independent Advisor Alliance purchased a new stake in shares of Yum! Brands during the fourth quarter valued at approximately $121,000. Institutional investors own 73.31% of the company’s stock.

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Yum! Brands Company Profile

YUM! Brands, Inc is engaged in restaurant business. 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 (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.

5 Day Chart for NYSE:YUM

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