1,564 Shares in Yum! Brands, Inc. (NYSE:YUM) Purchased by Buckhead Capital Management LLC

Buckhead Capital Management LLC bought a new stake in Yum! Brands, Inc. (NYSE:YUM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,564 shares of the restaurant operator’s stock, valued at approximately $210,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Safe Harbor Fiduciary LLC acquired a new stake in Yum! Brands during the 3rd quarter valued at approximately $29,000. DiNuzzo Private Wealth Inc. raised its holdings in shares of Yum! Brands by 957.1% during the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after purchasing an additional 201 shares during the last quarter. Jackson Grant Investment Advisers Inc. lifted its position in Yum! Brands by 52.1% during 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. Morse Asset Management Inc purchased a new stake in Yum! Brands in the third quarter valued at $42,000. Finally, Global Wealth Strategies & Associates grew its position in 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 purchasing an additional 318 shares during the period. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insider Buying and Selling at Yum! Brands

In other news, CEO David W. Gibbs sold 3,815 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $137.06, for a total value of $522,883.90. Following the completion of the sale, the chief executive officer now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.31% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on YUM shares. UBS Group boosted their price objective on Yum! Brands from $156.00 to $165.00 and gave the company a “buy” rating in a report on Friday, February 7th. Barclays boosted their price target on Yum! Brands from $162.00 to $165.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Loop Capital cut their target price on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. TD Securities increased their price target on shares of Yum! Brands from $140.00 to $151.00 and gave the stock a “hold” rating in a report on Friday, February 7th. Finally, 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 report on Friday, February 7th. Thirteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $147.37.

Yum! Brands Trading Up 1.6 %

NYSE:YUM opened at $148.92 on Friday. The firm has a market cap of $41.56 billion, a P/E ratio of 28.53, a price-to-earnings-growth ratio of 2.36 and a beta of 1.10. The stock has a 50 day moving average of $132.90 and a two-hundred day moving average of $134.30. Yum! Brands, Inc. has a 12 month low of $122.13 and a 12 month high of $149.30.

Yum! Brands Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be paid a $0.71 dividend. 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 1.91%. The ex-dividend date of this dividend is Friday, February 21st. Yum! Brands’s dividend payout ratio is currently 51.34%.

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.