Yum! Brands, Inc. (NYSE:YUM) Shares Bought by Tyler Stone Wealth Management

Tyler Stone Wealth Management grew its position in Yum! Brands, Inc. (NYSE:YUM) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,856 shares of the restaurant operator’s stock after acquiring an additional 132 shares during the period. Tyler Stone Wealth Management’s holdings in Yum! Brands were worth $249,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp raised its holdings in Yum! Brands by 4.2% in the 4th quarter. Bank of New York Mellon Corp now owns 2,355,367 shares of the restaurant operator’s stock worth $315,996,000 after purchasing an additional 94,026 shares during the period. Toronto Dominion Bank raised its stake in shares of Yum! Brands by 15.5% during the 3rd quarter. Toronto Dominion Bank now owns 127,446 shares of the restaurant operator’s stock worth $17,805,000 after buying an additional 17,133 shares during the period. Cantillon Capital Management LLC lifted its position in shares of Yum! Brands by 31.7% during the 4th quarter. Cantillon Capital Management LLC now owns 1,880,379 shares of the restaurant operator’s stock valued at $252,272,000 after buying an additional 452,339 shares in the last quarter. Forsta AP Fonden grew its stake in Yum! Brands by 5.3% in the 4th quarter. Forsta AP Fonden now owns 110,500 shares of the restaurant operator’s stock valued at $14,825,000 after acquiring an additional 5,600 shares during the period. Finally, DJE Kapital AG purchased a new stake in Yum! Brands in the 4th quarter worth $3,306,000. 82.37% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Yum! Brands news, VP David Eric Russell sold 5,000 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $158.66, for a total transaction of $793,300.00. Following the completion of the transaction, the vice president now owns 11,960 shares of the company’s stock, valued at $1,897,573.60. This trade represents a 29.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO David W. Gibbs sold 5,293 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $154.24, for a total transaction of $816,392.32. Following the completion of the sale, the chief executive officer now directly owns 157,893 shares in the company, valued at $24,353,416.32. This trade represents a 3.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 50,132 shares of company stock valued at $7,952,685 over the last quarter. 0.31% of the stock is owned by insiders.

Yum! Brands Price Performance

Yum! Brands stock opened at $158.55 on Thursday. The firm has a 50 day simple moving average of $145.90 and a 200-day simple moving average of $138.32. The stock has a market cap of $44.25 billion, a price-to-earnings ratio of 30.37, a price-to-earnings-growth ratio of 2.31 and a beta of 1.03. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $163.30.

Yum! Brands Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were given a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.79%. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, February 21st. Yum! Brands’s dividend payout ratio is presently 54.41%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Barclays increased their price objective on shares of Yum! Brands from $162.00 to $165.00 and gave the company an “overweight” rating in a report on Friday, February 7th. TD Cowen reaffirmed a “hold” rating and issued a $140.00 price target on shares of Yum! Brands in a research note on Thursday, February 6th. JPMorgan Chase & Co. boosted their price objective on Yum! Brands from $138.00 to $160.00 and gave the stock a “neutral” rating in a research note on Thursday, March 20th. TD Securities raised their target price on Yum! Brands from $151.00 to $164.00 and gave the company a “hold” rating in a research report on Wednesday, March 5th. Finally, Robert W. Baird boosted their price target on Yum! Brands from $160.00 to $176.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Fifteen analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Yum! Brands has a consensus rating of “Hold” and an average price target of $151.79.

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.