There Is Still Work To Do For YUM! Brands, Inc. (YUM), Hormel Foods Corporation (HRL)

Gibbs David W, President, CFO, sold 6,391 shares of the YUM! Brands, Inc. (NYSE:YUM) in an exchange that happened on November 15th, 2018. The stock was sold at an average price of $88.22 per share, amounting to a transaction worth $563,814. The sale was made public in a document filed with the SEC. Additionally, CEO, KFC Eaton Roger G. sold 44,823 shares of this stock in a transaction that took place on November 8th, 2018. The stock was sold at an average price of $90.54 per share, for a total exchange amounting to $4,058,274. After the transaction, the CEO, KFC Eaton Roger G. currently holds 40,162 shares of the company’s stock, which is worth approximately $3501725.

With this stock price’s latest movement, it is now -5.44% away from its 1-year high and 14.91% higher than its 1-year low price. In the past seven days, the stock price volatility for YUM! Brands, Inc. was 1.60%, whereas its volatility in the past 30 days has been 1.99%. This public company’s stock also has a beta score of 0.80. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

YUM! Brands, Inc. (NYSE:YUM) most recently published its quarterly earnings results. The firm posted $1.04 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $0.83 by $0.21. The publicly-traded organization reported revenue of $1,391.00 million for the quarter, compared to the average analyst forecast calling for $1,380.38 million, which was surpassing the analyst consensus estimate.

Shares of YUM! Brands, Inc. (YUM) surged 0.18%, amounting to a gain of $0.16 per share, to finish the regular trading session at $87.19 on Saturday 11/24/2018. After beginning the session at $86.49, shares of YUM! Brands, Inc. reached as high as $87.7 during the day, while hitting a 1-day low of $86.1. Trade volume reached 853,442 shares against this stock’s average daily volume of 1.91M shares, with a total float of 311.82M. As a consequence of the price increase, YUM! Brands, Inc. now has a current market value of 27.23B.

Hormel Foods Corporation (NYSE:HRL) added 0.53% to its trading price by the close of the most recent session, jumping from its previous closing price of $45.43 to $45.67. This stock increased in value by 0.46% during the last 7-day period, and experienced a gain of 8.97% over the past 30-day period. In the past three months, this stock’s price grew by 20.31% , and added 27.36% to its price during the last six months of trading. HRL demonstrated a yearly price gain of 33.27% , while its year-to-date (YTD) price performance has been up 25.50% . This stock’s price changed by +25.05% compared to its 90-day low, and moved down -1.28% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the HRL stock as “Buy”. In the short-term, Hormel Foods Corporation (HRL) has a 20-day average volume of 3,478,425 shares and short-term indicators sets the HRL stock as “ 80% Buy ” on average basis. In the medium-term, HRL stock has a 50-Day average volume of 2,882,194 shares and medium-term indicators gave the average rating of “ 50% Buy ”, while in the long-term period the FB stock has a 100-Day average volume of 2,709,230 shares. On average, long-term indicators rated the stock as “100% Buy ”. The overall picture from all short, medium and long-term indicators sets the HRL stock as “80% Buy ” on average basis.

Recently, multiple brokerages have sent out reports on HRL. JP Morgan, for example, Initiated its rating on shares of Hormel Foods Corporation to a “Neutral”, while setting a $41 price target on shares of the company’s stock, according to a research note from Friday September 28th, 2018. while giving the stock a “ Equal-Weight” from “Overweight ” rating, as stated in a research report from Tuesday, July 17th, 2018. Jefferies, on the other hand, Upgrade a from “Hold ” to “ Buy” rating on this stock in a research note dated Wednesday, February 14th, 2018.

In other news related to Hormel Foods Corporation stock, 44.79% shares of HRL held by institutions. The total number of institutions who held the HRL shares was 791, according to most recent SEC filling. During the past quarter, total 238,775,668 shares held by institutions with the net change of 2,917,854 shares. In the meantime, 53 new institutions bought the shares of Hormel Foods Corporation for the first time and 54 institutions sold all their holdings in the company’s common stock. 307 institutions increased their investment in the HRL stock and 307 institutions decreased their investment in the Hormel Foods Corporation (HRL)’s stock during the last quarter.