Pizza Hut same-restaurant sales growth help Yum Brands beat Street

Pizza Hut same-restaurant sales growth help Yum Brands beat Street

Pizza Hut same-restaurant sales growth help Yum Brands beat Street

The stock of Yum!

Yum Brands Inc (NYSE:YUM) saw its shares rise in premarket trade after the company reported third quarter earnings that beat market consensus. The firm owned 187,060 shares of the restaurant operator's stock after selling 2,589 shares during the period.

YUM has been the subject of several recent analyst reports. Hedge funds and other institutional investors own 72.02% of the company's stock. Barclays Capital maintained Yum! Zions Bancorporation now owns 1,508 shares of the restaurant operator's stock worth $121,000 after buying an additional 220 shares during the last quarter. Howland Cap Ltd Llc holds 53,088 shares or 0.24% of its portfolio. Morgan Stanley lifted its position in Yum! Brands in the second quarter worth about $104,149,000. Marshfield Associates owns 868,861 shares or 4.79% of their USA portfolio. The stock was sold at an average price of $89.92, for a total transaction of $1,302,671.04. Eleven analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company's stock. Bnp Paribas Asset Hldg stated it has 0.02% of its portfolio in Yum! 354,872 shares of the company were exchanged. Yum! Brands, Inc. (NYSE:YUM)'s stock has changed 17.34%. Brands had a negative return on equity of 24.95% and a net margin of 16.76%. Yum! The Anderson Hoagland & Co holds 22,612 shares with $1.23 million value, down from 35,449 last quarter. During the same quarter in the previous year, the firm earned $1.00 EPS. Seven analysts surveyed by Zacks expected $1.4 billion. Analysts forecast that Yum Brands Inc. will post $3.70 earnings per share for the current year.


The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Wednesday, October 19th will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Monday, October 17th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.61%. Yum Brands's payout ratio is presently 46.82%. Zacks Investment Research raised Yum! UBS AG boosted their target price on shares of Yum! Brands, 11 give it "Buy", 1 "Sell" rating, while 14 recommend "Hold".

Operating profit reported by Yum! This is an increase from Yum Brands's previous quarterly dividend of $0.46. Mogy Joel R Investment Counsel, California-based fund reported 9,680 shares. Bank of America maintained it with "Neutral" rating and $56 target in Tuesday, July 25 report. Brands in a research report on Wednesday, August 23rd. The company has a consensus rating of "Buy" and a consensus price target of $79.34. The stock's average target of $80.20 is 7.93% above today's ($74.31) share price. If you are viewing this piece on another site, it was copied illegally and republished in violation of U.S. & global copyright & trademark law. Sales in the United States and emerging markets remained flat. Brands, Inc. (YUM)" on October 26, 2017, also Prnewswire.com with their article: "Restaurants Stocks on Investors" Radar - Sonic, Texas Roadhouse, Wingstop ..." published on November 01, 2017, Bizjournals.com published: "COVER STORY: "Yum CEO: "Ideas lie everywhere, ' and good culture can bring them ..." on October 26, 2017.

This isn't the first time that Yum has had to revitalize one of its brands. Its brands - KFC, Pizza Hut and Taco Bell - are regarded as the global leaders of the chicken, pizza and Mexican-style food categories.

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