Global Retirement Partners LLC Acquires 106 Shares of Yum! Brands, Inc. (NYSE:YUM)

Global Retirement Partners LLC grew its holdings in Yum! Brands, Inc. (NYSE:YUM) by 8.2% during the 4th quarter, Holdings Channel reports. The fund owned 1,391 shares of the restaurant operator’s stock after buying an additional 106 shares during the period. Global Retirement Partners LLC’s holdings in Yum! Brands were worth $187,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of YUM. Kentucky Retirement Systems Insurance Trust Fund raised its holdings in Yum! Brands by 89.4% in the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 15,770 shares of the restaurant operator’s stock worth $2,116,000 after purchasing an additional 7,445 shares during the period. CIBC Asset Management Inc lifted its position in shares of Yum! Brands by 2.4% during the 4th quarter. CIBC Asset Management Inc now owns 73,815 shares of the restaurant operator’s stock valued at $9,893,000 after buying an additional 1,718 shares in the last quarter. Catalyst Capital Advisors LLC bought a new position in shares of Yum! Brands during the 4th quarter valued at approximately $97,000. WBH Advisory Inc. increased its holdings in Yum! Brands by 0.8% in the 4th quarter. WBH Advisory Inc. now owns 14,063 shares of the restaurant operator’s stock worth $1,887,000 after acquiring an additional 109 shares in the last quarter. Finally, Valmark Advisers Inc. purchased a new stake in Yum! Brands in the 4th quarter worth approximately $232,000. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Loop Capital lowered their price target on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Sanford C. Bernstein cut shares of Yum! Brands from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $140.00 to $135.00 in a research note on Wednesday, January 22nd. Redburn Atlantic lowered Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. TD Cowen restated a “hold” rating and issued a $140.00 price objective on shares of Yum! Brands in a research report on Thursday, February 6th. Finally, TD Securities upped their price objective on Yum! Brands from $140.00 to $151.00 and gave the stock a “hold” rating in a research note on Friday, February 7th. Thirteen analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $147.37.

Yum! Brands Stock Up 2.7 %

Shares of NYSE:YUM opened at $154.33 on Wednesday. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $154.79. The stock has a market cap of $43.07 billion, a P/E ratio of 29.56, a price-to-earnings-growth ratio of 2.31 and a beta of 1.11. The business’s 50 day moving average is $135.04 and its 200 day moving average is $135.23.

Yum! Brands Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be paid a $0.71 dividend. The ex-dividend date 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 yield of 1.84%. Yum! Brands’s dividend payout ratio is 54.41%.

Insiders Place Their Bets

In related news, CEO David W. Gibbs sold 3,815 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $137.06, for a total value of $522,883.90. Following the completion of the transaction, the chief executive officer now owns 149,385 shares of the company’s stock, valued at $20,474,708.10. The trade was a 2.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.31% of the stock is owned by company insiders.

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.