Capital International Sarl Has $16 Million Stake in Yum! Brands, Inc. (NYSE:YUM)

Capital International Sarl lifted its holdings in Yum! Brands, Inc. (NYSE:YUM) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 119,231 shares of the restaurant operator’s stock after buying an additional 5,583 shares during the period. Capital International Sarl’s holdings in Yum! Brands were worth $15,996,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in YUM. Morse Asset Management Inc acquired a new stake in shares of Yum! Brands during the 3rd quarter worth approximately $42,000. Bard Financial Services Inc. acquired a new position in shares of Yum! Brands during the third quarter valued at about $713,000. Anchor Investment Management LLC boosted its position in shares of Yum! Brands by 7.4% during the 3rd quarter. Anchor Investment Management LLC now owns 1,329 shares of the restaurant operator’s stock worth $186,000 after purchasing an additional 92 shares in the last quarter. Wilmington Savings Fund Society FSB increased its position in Yum! Brands by 128.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 9,128 shares of the restaurant operator’s stock valued at $1,275,000 after buying an additional 5,134 shares in the last quarter. Finally, Tidal Investments LLC boosted its holdings in Yum! Brands by 54.4% in the third quarter. Tidal Investments LLC now owns 47,604 shares of the restaurant operator’s stock worth $6,651,000 after acquiring an additional 16,767 shares in the last quarter. 82.37% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 30,604 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $159.46, for a total value of $4,880,113.84. Following the sale, the chief executive officer now directly owns 160,296 shares in the company, valued at approximately $25,560,800.16. The trade was a 16.03 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP David Eric Russell sold 5,000 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $158.66, for a total transaction of $793,300.00. Following the transaction, the vice president now owns 11,960 shares of the company’s stock, valued at $1,897,573.60. This represents a 29.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 55,271 shares of company stock worth $8,706,576 in the last quarter. Insiders own 0.31% of the company’s stock.

Yum! Brands Stock Performance

YUM opened at $143.13 on Friday. Yum! Brands, Inc. has a fifty-two week low of $122.13 and a fifty-two week high of $163.30. The firm has a 50-day moving average of $152.26 and a 200 day moving average of $140.15. The firm has a market cap of $39.95 billion, a P/E ratio of 27.42, a PEG ratio of 2.31 and a beta of 0.90.

Yum! Brands Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were given 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 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date was Friday, February 21st. Yum! Brands’s dividend payout ratio is currently 54.41%.

Analyst Upgrades and Downgrades

YUM has been the topic of a number of recent research reports. TD Securities reiterated a “hold” rating and issued a $164.00 target price on shares of Yum! Brands in a report on Monday, March 31st. TD Cowen reiterated a “hold” rating and set a $140.00 price objective on shares of Yum! Brands in a report on Thursday, February 6th. Oppenheimer upped their target price on shares of Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Guggenheim lifted their price target on Yum! Brands from $155.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, April 8th. Finally, Stifel Nicolaus boosted their price objective on Yum! Brands from $130.00 to $148.00 and gave the stock a “hold” rating in a report on Friday, February 28th. Sixteen analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Yum! Brands currently has a consensus rating of “Hold” and an average price target of $152.71.

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.