Consolidated Planning Corp Buys 154 Shares of Yum! Brands, Inc. (NYSE:YUM)

Consolidated Planning Corp grew its stake in Yum! Brands, Inc. (NYSE:YUM) by 8.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,002 shares of the restaurant operator’s stock after purchasing an additional 154 shares during the period. Consolidated Planning Corp’s holdings in Yum! Brands were worth $269,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Safe Harbor Fiduciary LLC bought a new stake in Yum! Brands in the third quarter worth $29,000. DiNuzzo Private Wealth Inc. raised its stake in shares of Yum! Brands by 957.1% in the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 201 shares during the period. Jackson Grant Investment Advisers Inc. lifted its holdings in shares of Yum! Brands by 52.1% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 295 shares of the restaurant operator’s stock worth $40,000 after acquiring an additional 101 shares during the last quarter. Morse Asset Management Inc purchased a new position in shares of Yum! Brands during the 3rd quarter worth about $42,000. Finally, Global Wealth Strategies & Associates grew its holdings in Yum! Brands by 649.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 367 shares of the restaurant operator’s stock valued at $49,000 after purchasing an additional 318 shares during the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 3,815 shares of the firm’s 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 sale, the chief executive officer now directly owns 149,385 shares in the company, valued at approximately $20,474,708.10. This trade represents a 2.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

Yum! Brands Stock Up 1.6 %

Yum! Brands stock opened at $148.92 on Friday. Yum! Brands, Inc. has a twelve month low of $122.13 and a twelve month high of $149.30. The business has a fifty day moving average of $132.90 and a two-hundred day moving average of $134.30. The firm has a market cap of $41.56 billion, a P/E ratio of 28.53, a P/E/G ratio of 2.36 and a beta of 1.10.

Yum! Brands Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be given a dividend of $0.71 per share. The ex-dividend date is Friday, February 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.91%. This is an increase from Yum! Brands’s previous quarterly dividend of $0.67. Yum! Brands’s dividend payout ratio (DPR) is presently 51.34%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Oppenheimer raised their price objective on shares of Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Barclays raised their price target on Yum! Brands from $162.00 to $165.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. Redburn Atlantic downgraded Yum! Brands from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. TD Securities lifted their target price on Yum! Brands from $140.00 to $151.00 and gave the stock a “hold” rating in a research report on Friday, February 7th. Finally, TD Cowen restated a “hold” rating and issued a $140.00 price target on shares of Yum! Brands in a report on Thursday, February 6th. Thirteen analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $147.37.

Yum! Brands 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.