Retirement Guys Formula LLC Purchases 596 Shares of Yum! Brands, Inc. (NYSE:YUM)

Retirement Guys Formula LLC grew its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 11.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,937 shares of the restaurant operator’s stock after buying an additional 596 shares during the quarter. Retirement Guys Formula LLC’s holdings in Yum! Brands were worth $796,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Safe Harbor Fiduciary LLC bought a new position in shares of Yum! Brands during the 3rd quarter worth approximately $29,000. DiNuzzo Private Wealth Inc. lifted its position in shares of Yum! Brands by 957.1% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after buying an additional 201 shares in the last quarter. Jackson Grant Investment Advisers Inc. lifted its position in shares of Yum! Brands by 52.1% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 295 shares of the restaurant operator’s stock worth $40,000 after buying an additional 101 shares in the last quarter. Morse Asset Management Inc bought a new position in shares of Yum! Brands during the 3rd quarter worth approximately $42,000. Finally, Global Wealth Strategies & Associates lifted its position in shares of Yum! Brands by 649.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 367 shares of the restaurant operator’s stock worth $49,000 after buying an additional 318 shares in the last quarter. Institutional investors own 82.37% of the company’s stock.

Analyst Ratings Changes

YUM has been the topic of a number of research reports. Citigroup reaffirmed a “neutral” rating and issued a $141.00 price target (down previously from $153.00) on shares of Yum! Brands in a report on Friday, January 10th. Loop Capital lowered their price target on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. UBS Group lifted their price objective on shares of Yum! Brands from $156.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, February 7th. The Goldman Sachs Group lifted their price objective on shares of Yum! Brands from $140.00 to $155.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Finally, Oppenheimer lifted their price objective on shares of Yum! Brands from $154.00 to $160.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Thirteen research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Yum! Brands has an average rating of “Hold” and an average price target of $147.37.

Yum! Brands Stock Down 1.0 %

Yum! Brands stock opened at $146.62 on Wednesday. The company has a market capitalization of $40.92 billion, a PE ratio of 28.09, a P/E/G ratio of 2.36 and a beta of 1.10. The firm has a fifty day simple moving average of $132.55 and a two-hundred day simple moving average of $134.08. Yum! Brands, Inc. has a twelve month low of $122.13 and a twelve month high of $148.20.

Yum! Brands Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be paid a $0.71 dividend. The ex-dividend date of this dividend is Friday, February 21st. This is an increase from Yum! Brands’s previous quarterly dividend of $0.67. This represents a $2.84 annualized dividend and a yield of 1.94%. Yum! Brands’s payout ratio is currently 51.34%.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 3,815 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $137.06, for a total transaction of $522,883.90. Following the completion of the transaction, the chief executive officer now directly owns 149,385 shares of the company’s stock, valued at approximately $20,474,708.10. This represents a 2.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.31% of the stock is currently owned by 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.