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

Kintegral Advisory LLC lessened its holdings in Yum! Brands, Inc. (NYSE:YUM) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,523 shares of the restaurant operator’s stock after selling 117 shares during the period. Kintegral Advisory LLC’s holdings in Yum! Brands were worth $338,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Blackston Financial Advisory Group LLC boosted its position in shares of Yum! Brands by 4.1% in the fourth quarter. Blackston Financial Advisory Group LLC now owns 3,285 shares of the restaurant operator’s stock worth $441,000 after buying an additional 130 shares during the period. Handelsbanken Fonder AB boosted its position in shares of Yum! Brands by 13.6% in the fourth quarter. Handelsbanken Fonder AB now owns 72,830 shares of the restaurant operator’s stock worth $9,771,000 after buying an additional 8,704 shares during the period. Summit Place Financial Advisors LLC acquired a new stake in shares of Yum! Brands in the fourth quarter worth $1,823,000. Global Retirement Partners LLC boosted its position in shares of Yum! Brands by 8.2% in the fourth quarter. Global Retirement Partners LLC now owns 1,391 shares of the restaurant operator’s stock worth $187,000 after buying an additional 106 shares during the period. Finally, Kentucky Retirement Systems Insurance Trust Fund boosted its position in shares of Yum! Brands by 89.4% in the fourth quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 15,770 shares of the restaurant operator’s stock worth $2,116,000 after buying an additional 7,445 shares during the period. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insider Transactions at Yum! Brands

In other news, CEO David W. Gibbs sold 3,815 shares of Yum! Brands stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $137.06, for a total value of $522,883.90. Following the transaction, the chief executive officer now directly owns 149,385 shares in the company, valued at approximately $20,474,708.10. The trade was a 2.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently issued reports on YUM. TD Securities increased their price objective on Yum! Brands from $140.00 to $151.00 and gave the stock a “hold” rating in a report on Friday, February 7th. Morgan Stanley reiterated 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. Deutsche Bank Aktiengesellschaft cut their price objective on Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Loop Capital cut their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Finally, The Goldman Sachs Group increased their price objective on Yum! Brands from $140.00 to $155.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Thirteen equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Yum! Brands has an average rating of “Hold” and a consensus price target of $147.37.

Yum! Brands Stock Performance

Yum! Brands stock opened at $148.51 on Monday. The business’s 50-day simple moving average is $134.35 and its 200-day simple moving average is $135.02. The firm has a market capitalization of $41.45 billion, a PE ratio of 28.45, a PEG ratio of 2.31 and a beta of 1.10. Yum! Brands, Inc. has a 52 week low of $122.13 and a 52 week high of $151.29.

Yum! Brands Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be paid a $0.71 dividend. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change 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 1.91%. Yum! Brands’s payout ratio is presently 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.