Kintegral Advisory LLC Has $338,000 Stock Holdings in Yum! Brands, Inc. (NYSE:YUM)

Kintegral Advisory LLC cut its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 4.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,523 shares of the restaurant operator’s stock after selling 117 shares during the quarter. Kintegral Advisory LLC’s holdings in Yum! Brands were worth $338,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC acquired a new stake in Yum! Brands during the third quarter valued at approximately $29,000. Jackson Grant Investment Advisers Inc. boosted its holdings 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 in the last quarter. Morse Asset Management Inc acquired a new stake in Yum! Brands during the third quarter valued at approximately $42,000. Global Wealth Strategies & Associates boosted its holdings in Yum! Brands by 649.0% during the fourth 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 in the last quarter. Finally, Albion Financial Group UT boosted its holdings in Yum! Brands by 24.7% during the fourth quarter. Albion Financial Group UT now owns 566 shares of the restaurant operator’s stock valued at $76,000 after purchasing an additional 112 shares in the last quarter. 82.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Morgan Stanley reaffirmed an “equal weight” rating and set a $140.00 price objective (down from $158.00) on shares of Yum! Brands in a report on Tuesday, January 21st. The Goldman Sachs Group lifted their price objective on Yum! Brands from $140.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, February 7th. Citigroup reissued a “neutral” rating and issued a $141.00 target price (down from $153.00) on shares of Yum! Brands in a report on Friday, January 10th. Barclays boosted their target price on Yum! Brands from $162.00 to $165.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Finally, TD Cowen reissued a “hold” rating and issued a $140.00 target price on shares of Yum! Brands in a report on Thursday, February 6th. Thirteen research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $147.37.

Insider Buying and Selling

In other Yum! Brands 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 transaction of $522,883.90. Following the completion of the sale, the chief executive officer now owns 149,385 shares in the company, valued at approximately $20,474,708.10. The trade was a 2.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

Yum! Brands Price Performance

YUM stock opened at $148.51 on Monday. The company has a 50 day moving average price of $134.35 and a 200 day moving average price of $135.02. Yum! Brands, Inc. has a fifty-two week low of $122.13 and a fifty-two week high of $151.29. The stock has a market capitalization of $41.45 billion, a PE ratio of 28.45, a price-to-earnings-growth ratio of 2.31 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 $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.91%. The ex-dividend date is Friday, February 21st. This is a boost from Yum! Brands’s previous quarterly dividend of $0.67. Yum! Brands’s payout ratio is 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.