Yum! Brands (NYSE:YUM).
Raymond James & Associates reports that it bought 5,383 shares in quarter ending 09/30/2017 increasing its holdings in Yum! Brands by 2.8%. Its investment was valued at $14,381,000 an increase of 2.6% as of the end of the quarter.
Here are some institutional investors who have increased or decreased their stake in (YUM). Baird Financial Group, Inc. downsized its stake by shedding 1,569 shares a decrease of 3.5% from 06/30/2017 to 09/30/2017. Baird Financial Group, Inc. controls 43,870 shares with a value of $3,229,000. The total value of its holdings decreased 3.7%. As of quarter end Omers Administration Corp had acquired 17,600 shares growing its holdings by 53.9%. The value of the company’s investment in Yum! Brands went from $2,408,000 to $3,699,000 increasing 53.6% since the last quarter.
Tredje Ap-fonden grew its investment by buying 18,080 shares an increase of 43.0% in the quarter. Tredje Ap-fonden now controls 60,110 shares worth $4,425,000. The value of the position overall is up by 42.7%.
Nomura raised the price target on November 3 changing the price objective from $85.00 to $89.00 and stated a “Buy” rating. Equity analyst Robert W. Baird raised the price target on November 3 boosting the projection from $78.00 to $83.00 with a “Neutral” recommendation.
Jefferies Group LLC raised the price target of the stock on November 3 changing the forecast from $66.00 to $75.00 and issued a “Hold” rating. Equity analyst Morgan Stanley raised the price target of the stock on November 3 changing the price objective from $77.00 to $82.00 and issued a “Equal Weight” recommendation.
BMO Capital Markets raised the price target of the stock on November 3 boosting the projection from $77.00 to $80.00 with a rating of “Market Perform”. On November 3 Cowen and Company kept the stock rating at “Buy” with a current price target of $91.00.
The company is so far trading down by 0.26% percent from yesterday’s close. The company currently has a P/E ratio of 46.30 and the market value is 26.71B. In the last earnings report the EPS was $1.71 with 336.99M shares now outstanding.
Traders are a little more bearish on Yum! Brands of late as inferred by the rise in short interest. The firm recorded a rise in short interest of 39.19% as of the latest report on October 13, 2017. Short interest grew from 3,465,539 to 4,823,575 over that period. With short interest at 4,823,575 and short average daily volume at 1,645,734, days to cover is 3.0 and the percentage of shorted shares was 0.01% on October 13.