24,700 Shares in Yum! Brands, Inc. (NYSE:YUM) Bought by DJE Kapital AG

DJE Kapital AG bought a new position in shares of Yum! Brands, Inc. (NYSE:YUM) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 24,700 shares of the restaurant operator’s stock, valued at approximately $3,306,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in YUM. Cantillon Capital Management LLC grew its stake in Yum! Brands by 31.7% during the 4th quarter. Cantillon Capital Management LLC now owns 1,880,379 shares of the restaurant operator’s stock worth $252,272,000 after buying an additional 452,339 shares during the last quarter. Los Angeles Capital Management LLC grew its stake in Yum! Brands by 140.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 437,625 shares of the restaurant operator’s stock worth $58,712,000 after buying an additional 255,495 shares during the last quarter. Anchor Capital Advisors LLC purchased a new stake in Yum! Brands during the 4th quarter valued at about $30,098,000. Geode Capital Management LLC grew its stake in Yum! Brands by 1.5% during the 3rd 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 last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in Yum! Brands during the 4th quarter valued at about $14,403,000. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO David W. Gibbs sold 3,815 shares of the company’s 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 completion of the transaction, the chief executive officer now owns 149,385 shares of the company’s stock, valued at approximately $20,474,708.10. This represents a 2.49 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.31% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on YUM shares. Morgan Stanley reiterated an “equal weight” rating and set a $140.00 price target (down previously from $158.00) on shares of Yum! Brands in a research note on Tuesday, January 21st. Loop Capital dropped their price target on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. Argus upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 price target on the stock in a research note on Tuesday, December 31st. Redburn Atlantic downgraded Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Finally, Oppenheimer boosted their price target on Yum! Brands from $154.00 to $160.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Thirteen equities 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, the stock currently has an average rating of “Hold” and an average target price of $148.32.

Yum! Brands Trading Up 1.8 %

NYSE YUM opened at $156.43 on Monday. The stock has a market capitalization of $43.66 billion, a price-to-earnings ratio of 29.97, a PEG ratio of 2.31 and a beta of 1.10. Yum! Brands, Inc. has a twelve month low of $122.13 and a twelve month high of $156.56. The stock has a 50-day moving average of $136.39 and a 200 day moving average of $135.59.

Yum! Brands Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be issued a $0.71 dividend. This is a boost from Yum! Brands’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Friday, February 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.82%. Yum! Brands’s dividend payout ratio is presently 54.41%.

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.