SRH Advisors LLC Has $75,000 Stock Position in Yum! Brands, Inc. (NYSE:YUM)

SRH Advisors LLC cut its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 78.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 560 shares of the restaurant operator’s stock after selling 2,030 shares during the period. SRH Advisors LLC’s holdings in Yum! Brands were worth $75,000 as of its most recent SEC filing.

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

Yum! Brands Price Performance

Shares of YUM opened at $146.62 on Wednesday. Yum! Brands, Inc. has a one year low of $122.13 and a one year high of $148.20. The company has a market cap 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 stock has a 50-day moving average of $132.55 and a 200-day moving average of $134.08.

Yum! Brands Increases Dividend

The company also recently disclosed 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. This represents a $2.84 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Friday, February 21st. This is a boost from Yum! Brands’s previous quarterly dividend of $0.67. Yum! Brands’s dividend payout ratio (DPR) is 51.34%.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 3,815 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $137.06, for a total value of $522,883.90. Following 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 trade represents a 2.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Bank of America lowered their target price on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Oppenheimer raised their price objective on Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Citigroup reiterated a “neutral” rating and issued a $141.00 target price (down from $153.00) on shares of Yum! Brands in a report on Friday, January 10th. TD Cowen restated a “hold” rating and set a $140.00 price target on shares of Yum! Brands in a report on Thursday, February 6th. Finally, Sanford C. Bernstein downgraded shares of Yum! Brands from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $140.00 to $135.00 in a research report on Wednesday, January 22nd. Thirteen analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Yum! Brands presently has a consensus rating of “Hold” and a consensus target price of $147.37.

About Yum! Brands

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.