Morguard Reit (TSE:MRG.UN) Had Its TP Upgraded by Equity Research Analysts at TD Securities to $18.00, Marshfield Associates Cut By $3.09 Million Its Yum! Brands (YUM) Stake

July 17, 2017 - By Hazel Jackson

Marshfield Associates decreased Yum! Brands Inc (YUM) stake by 5.06% reported in 2016Q4 SEC filing. Marshfield Associates sold 49,026 shares as Yum! Brands Inc (YUM)’s stock rose 2.44%. The Marshfield Associates holds 920,530 shares with $58.30M value, down from 969,556 last quarter. Yum! Brands Inc now has $25.99 billion valuation. The stock increased 0.25% or $0.18 on July 14, reaching $73.6. About shares traded. Yum! Brands, Inc. (NYSE:YUM) has risen 21.70% since July 17, 2016 and is uptrending. It has outperformed by 5.00% the S&P500.

In a note issued to clients by TD Securities on Friday morning, Morguard Reit (TSE:MRG.UN) had its PT upped to $18.00. The firm now has Buy rating on the stock.

Analysts await Yum! Brands, Inc. (NYSE:YUM) to report earnings on August, 3 before the open. They expect $0.61 EPS, down 18.67% or $0.14 from last year’s $0.75 per share. YUM’s profit will be $215.41M for 30.16 P/E if the $0.61 EPS becomes a reality. After $0.65 actual EPS reported by Yum! Brands, Inc. for the previous quarter, Wall Street now forecasts -6.15% negative EPS growth.

Among 22 analysts covering YUM! Brands (NYSE:YUM), 11 have Buy rating, 1 Sell and 10 Hold. Therefore 50% are positive. YUM! Brands had 58 analyst reports since July 1, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Thursday, August 20. The rating was maintained by Nomura with “Buy” on Thursday, July 14. The firm has “Outperform” rating by Credit Suisse given on Wednesday, October 19. The rating was maintained by Bernstein on Thursday, July 14 with “Outperform”. On Thursday, October 8 the stock rating was upgraded by Credit Suisse to “Neutral”. Credit Suisse maintained the stock with “Neutral” rating in Monday, March 28 report. On Wednesday, October 12 the stock rating was maintained by Barclays Capital with “Equal Weight”. The stock of Yum! Brands, Inc. (NYSE:YUM) earned “Overweight” rating by JP Morgan on Thursday, August 20. The rating was maintained by RBC Capital Markets with “Top Pick” on Wednesday, October 21. Nomura initiated the stock with “Buy” rating in Thursday, October 1 report.

Since February 10, 2017, it had 0 insider buys, and 5 insider sales for $2.31 million activity. The insider Gibbs David W sold 8,125 shares worth $559,281. On Thursday, May 4 Niccol Brian R sold $286,876 worth of Yum! Brands, Inc. (NYSE:YUM) or 4,218 shares.

Investors sentiment decreased to 0.71 in Q4 2016. Its down 0.09, from 0.8 in 2016Q3. It dived, as 108 investors sold YUM shares while 286 reduced holdings. 73 funds opened positions while 206 raised stakes. 251.58 million shares or 3.43% less from 260.51 million shares in 2016Q3 were reported. Hoertkorn Richard Charles holds 0.02% of its portfolio in Yum! Brands, Inc. (NYSE:YUM) for 372 shares. Thompson Davis & Inc, a Virginia-based fund reported 678 shares. Private Comm Na reported 0.22% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Ontario Teachers Pension Plan Board has invested 0.03% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). First Retail Bank Of Omaha holds 0.02% or 4,600 shares. Manning And Napier Advisors Ltd Liability Company holds 0.31% or 755,941 shares. The California-based Rand Wealth Ltd Liability Com has invested 0.4% in Yum! Brands, Inc. (NYSE:YUM). Metropolitan Life Insurance has invested 0.09% in Yum! Brands, Inc. (NYSE:YUM). Kentucky-based Regent Mngmt Ltd Com has invested 0.37% in Yum! Brands, Inc. (NYSE:YUM). Bar Harbor Tru Svcs reported 0.14% in Yum! Brands, Inc. (NYSE:YUM). Kcm Inv Advsr reported 4,658 shares stake. Rathbone Brothers Public Ltd Co, United Kingdom-based fund reported 3,991 shares. Everence Capital Management owns 6,767 shares for 0.12% of their portfolio. Tower Bridge Advsrs holds 0% or 3,350 shares. Tarbox Group Inc Incorporated stated it has 585 shares or 0.02% of all its holdings.

Among 2 analysts covering Morguard REIT (TSE:MRG.UN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Morguard REIT has $19.25 highest and $12 lowest target. $16.25’s average target is 6.07% above currents $15.32 stock price. Morguard REIT had 12 analyst reports since August 6, 2015 according to SRatingsIntel. Scotia Capital maintained Morguard North American Residential REIT (TSE:MRG.UN) on Thursday, August 6 with “Sector Perform” rating. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, August 11. IBC maintained Morguard North American Residential REIT (TSE:MRG.UN) rating on Monday, August 10. IBC has “Sector Perform” rating and $19 target. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, November 8. TD Securities maintained Morguard North American Residential REIT (TSE:MRG.UN) rating on Monday, August 10. TD Securities has “Hold” rating and $17.50 target.

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