Yum! Brands, Inc. (NYSE:YUM) Shares Sold by Capital Advisors Inc. OK

Capital Advisors Inc. OK trimmed its position in Yum! Brands, Inc. (NYSE:YUM) by 6.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,418 shares of the restaurant operator’s stock after selling 1,244 shares during the period. Capital Advisors Inc. OK’s holdings in Yum! Brands were worth $2,605,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of YUM. Los Angeles Capital Management LLC raised its holdings 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 valued at $25,445,000 after buying an additional 178,612 shares during the last quarter. International Assets Investment Management LLC raised its holdings 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 buying an additional 147,180 shares during the last quarter. Geode Capital Management LLC raised 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 valued at $1,038,775,000 after buying an additional 111,147 shares during the last quarter. Markel Group Inc. raised 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 valued at $21,865,000 after buying an additional 70,000 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. raised its holdings 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 valued at $10,252,000 after buying 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 Stock Down 1.0 %

Shares of NYSE:YUM opened at $146.62 on Wednesday. The company’s fifty day moving average is $132.55 and its two-hundred day moving average is $134.08. Yum! Brands, Inc. has a 12-month low of $122.13 and a 12-month high of $148.20. The company has a market cap of $40.92 billion, a P/E ratio of 28.09, a price-to-earnings-growth ratio of 2.36 and a beta of 1.10.

Yum! Brands Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.71 per share. 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%. The ex-dividend date is Friday, February 21st. Yum! Brands’s payout ratio is 51.34%.

Analyst Upgrades and Downgrades

YUM has been the topic of a number of recent analyst reports. Sanford C. Bernstein cut Yum! Brands from an “outperform” rating to a “market perform” rating and cut their price target for the company from $140.00 to $135.00 in a report on Wednesday, January 22nd. UBS Group lifted their price target on Yum! Brands from $156.00 to $165.00 and gave the company a “buy” rating in a report on Friday, February 7th. Morgan Stanley reissued an “equal weight” rating and set a $140.00 target price (down previously from $158.00) on shares of Yum! Brands in a report on Tuesday, January 21st. Bank of America dropped their target price on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. Finally, Oppenheimer boosted their target price on Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Thirteen research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $147.37.

Insider Transactions at Yum! Brands

In other news, CEO David W. Gibbs sold 3,815 shares of the company’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 represents a 2.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.31% of the stock is currently 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.