Yum! Brands, Inc. (NYSE:YUM) Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC increased its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 16.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,076 shares of the restaurant operator’s stock after acquiring an additional 845 shares during the period. Kestra Private Wealth Services LLC’s holdings in Yum! Brands were worth $815,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Los Angeles Capital Management LLC lifted its position in shares of Yum! Brands by 5,077.1% during the third quarter. Los Angeles Capital Management LLC now owns 182,130 shares of the restaurant operator’s stock worth $25,445,000 after purchasing an additional 178,612 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in Yum! Brands by 14,151.9% during the 3rd quarter. International Assets Investment Management LLC now owns 148,220 shares of the restaurant operator’s stock worth $20,708,000 after buying an additional 147,180 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Yum! Brands by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 7,441,170 shares of the restaurant operator’s stock worth $1,038,775,000 after buying an additional 111,147 shares in the last quarter. Markel Group Inc. boosted its position in Yum! Brands by 80.9% in the 3rd quarter. Markel Group Inc. now owns 156,502 shares of the restaurant operator’s stock valued at $21,865,000 after buying an additional 70,000 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. increased its position in shares of Yum! Brands by 907.3% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 76,416 shares of the restaurant operator’s stock worth $10,252,000 after acquiring an additional 68,830 shares during the period. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

YUM has been the subject of a number of recent research reports. TD Securities lifted their target price on Yum! Brands from $140.00 to $151.00 and gave the company a “hold” rating in a report on Friday, February 7th. Redburn Atlantic downgraded Yum! Brands from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. Argus raised shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 target price on the stock in a report on Tuesday, December 31st. UBS Group boosted their price target on shares of Yum! Brands from $156.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, Oppenheimer raised their price objective on shares of Yum! Brands from $154.00 to $160.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Thirteen analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $147.37.

Yum! Brands Stock Performance

Shares of Yum! Brands stock opened at $147.80 on Friday. The company has a market capitalization of $41.25 billion, a P/E ratio of 28.31, a PEG ratio of 2.36 and a beta of 1.10. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year high of $149.30. The company’s fifty day moving average is $133.11 and its two-hundred day moving average is $134.40.

Yum! Brands Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be issued a dividend of $0.71 per share. The ex-dividend date is Friday, February 21st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.92%. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.67. Yum! Brands’s dividend payout ratio (DPR) is currently 51.34%.

Insider Buying and Selling at Yum! Brands

In other news, CEO David W. Gibbs sold 3,815 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $137.06, for a total transaction of $522,883.90. Following the completion of the sale, the chief executive officer now owns 149,385 shares in the company, valued at $20,474,708.10. This represents a 2.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.31% of the stock is owned by company insiders.

Yum! Brands Company Profile

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.