Yum! Brands, Inc. (NYSE:YUM) Shares Sold by Capital International Ltd. CA

Capital International Ltd. CA reduced its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 1.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 101,143 shares of the restaurant operator’s stock after selling 1,215 shares during the period. Capital International Ltd. CA’s holdings in Yum! Brands were worth $13,569,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. WealthTrak Capital Management LLC purchased a new stake in shares of Yum! Brands in the fourth quarter valued at about $25,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Yum! Brands during the fourth quarter worth $25,000. Halbert Hargrove Global Advisors LLC purchased a new stake in Yum! Brands in the 4th quarter valued at about $33,000. Jackson Grant Investment Advisers Inc. grew its holdings in Yum! Brands by 52.1% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 295 shares of the restaurant operator’s stock valued at $40,000 after purchasing an additional 101 shares during the period. Finally, Morse Asset Management Inc acquired a new stake in shares of Yum! Brands during the 3rd quarter worth $42,000. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Insiders Place Their Bets

In other Yum! Brands news, CEO David W. Gibbs sold 30,604 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $159.46, for a total value of $4,880,113.84. Following the completion of the sale, the chief executive officer now directly owns 160,296 shares of the company’s stock, valued at $25,560,800.16. This represents a 16.03 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP David Eric Russell sold 5,000 shares of Yum! Brands stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $158.66, for a total value of $793,300.00. Following the sale, the vice president now directly owns 11,960 shares in the company, valued at approximately $1,897,573.60. This trade represents a 29.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 55,271 shares of company stock valued at $8,706,576 in the last quarter. Insiders own 0.31% of the company’s stock.

Yum! Brands Trading Up 0.4 %

Shares of NYSE:YUM opened at $143.13 on Friday. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year high of $163.30. The firm has a fifty day moving average price of $152.26 and a 200 day moving average price of $140.15. The stock has a market capitalization of $39.95 billion, a PE ratio of 27.42, a P/E/G ratio of 2.31 and a beta of 0.90.

Yum! Brands Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.98%. The ex-dividend date was Friday, February 21st. This is an increase from Yum! Brands’s previous quarterly dividend of $0.67. Yum! Brands’s dividend payout ratio (DPR) is 54.41%.

Analysts Set New Price Targets

Several research analysts recently commented on YUM shares. Robert W. Baird cut their price target on shares of Yum! Brands from $176.00 to $174.00 and set an “outperform” rating on the stock in a report on Monday, April 7th. Barclays boosted their price objective on Yum! Brands from $162.00 to $165.00 and gave the company an “overweight” rating in a report on Friday, February 7th. The Goldman Sachs Group raised 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. Guggenheim boosted their price target on shares of Yum! Brands from $155.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, April 8th. Finally, TD Cowen reiterated a “hold” rating and set a $140.00 price objective on shares of Yum! Brands in a research report on Thursday, February 6th. Sixteen research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $152.71.

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.