Yum! Brands, Inc. (NYSE:YUM) Shares Sold by Northern Financial Advisors Inc

Northern Financial Advisors Inc lowered its position in Yum! Brands, Inc. (NYSE:YUM) by 9.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,704 shares of the restaurant operator’s stock after selling 370 shares during the quarter. Northern Financial Advisors Inc’s holdings in Yum! Brands were worth $497,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in YUM. Los Angeles Capital Management LLC increased its position in Yum! Brands by 5,077.1% in the 3rd quarter. Los Angeles Capital Management LLC now owns 182,130 shares of the restaurant operator’s stock valued at $25,445,000 after acquiring an additional 178,612 shares during the period. International Assets Investment Management LLC grew its stake in shares of Yum! Brands by 14,151.9% in the third quarter. International Assets Investment Management LLC now owns 148,220 shares of the restaurant operator’s stock worth $20,708,000 after purchasing an additional 147,180 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Yum! Brands by 1.5% during the third quarter. Geode Capital Management LLC now owns 7,441,170 shares of the restaurant operator’s stock valued at $1,038,775,000 after purchasing an additional 111,147 shares during the period. Allspring Global Investments Holdings LLC raised its stake in shares of Yum! Brands by 624.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 106,005 shares of the restaurant operator’s stock valued at $14,158,000 after purchasing an additional 91,367 shares in the last quarter. Finally, Markel Group Inc. lifted its holdings in Yum! Brands by 80.9% in the third quarter. Markel Group Inc. now owns 156,502 shares of the restaurant operator’s stock worth $21,865,000 after purchasing an additional 70,000 shares during the period. Institutional investors own 82.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Oppenheimer boosted their price target on shares of Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. 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. Loop Capital decreased their price target on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a research note on Wednesday, November 6th. TD Securities upped their price objective on Yum! Brands from $140.00 to $151.00 and gave the company a “hold” rating in a report on Friday, February 7th. Finally, Redburn Atlantic cut Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Thirteen research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently 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 business’s fifty day moving average price is $132.90 and its 200 day moving average price is $134.30. The firm has a market capitalization of $41.56 billion, a price-to-earnings ratio of 28.53, a PEG ratio of 2.36 and a beta of 1.10. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $149.30.

Yum! Brands Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.91%. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Friday, February 21st. Yum! Brands’s dividend payout ratio is 51.34%.

Insider Buying and Selling

In related news, CEO David W. Gibbs sold 3,815 shares of the stock in a transaction on Monday, December 16th. The stock was 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 directly owns 149,385 shares in the company, valued at approximately $20,474,708.10. This trade represents a 2.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.31% of the stock is currently owned by corporate insiders.

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.