Farther Finance Advisors LLC Has $237,000 Stake in Yum! Brands, Inc. (NYSE:YUM)

Farther Finance Advisors LLC decreased its stake in Yum! Brands, Inc. (NYSE:YUM) by 23.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,767 shares of the restaurant operator’s stock after selling 556 shares during the quarter. Farther Finance Advisors LLC’s holdings in Yum! Brands were worth $237,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Investment Partners LTD. boosted its stake in Yum! Brands by 2.3% in the 4th quarter. Investment Partners LTD. now owns 3,231 shares of the restaurant operator’s stock valued at $433,000 after buying an additional 72 shares in the last quarter. Bahl & Gaynor Inc. boosted its stake in Yum! Brands by 5.0% in the 4th quarter. Bahl & Gaynor Inc. now owns 1,575 shares of the restaurant operator’s stock valued at $211,000 after buying an additional 75 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its stake in Yum! Brands by 3.9% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 2,165 shares of the restaurant operator’s stock valued at $290,000 after buying an additional 82 shares in the last quarter. Anchor Investment Management LLC boosted its stake in Yum! Brands by 7.4% in the 3rd quarter. Anchor Investment Management LLC now owns 1,329 shares of the restaurant operator’s stock valued at $186,000 after buying an additional 92 shares in the last quarter. Finally, Atria Investments Inc boosted its stake in Yum! Brands by 0.4% in the 4th quarter. Atria Investments Inc now owns 24,937 shares of the restaurant operator’s stock valued at $3,346,000 after buying an additional 92 shares in the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Trading Down 0.0 %

NYSE YUM opened at $157.13 on Wednesday. Yum! Brands, Inc. has a 12 month low of $122.13 and a 12 month high of $163.30. The stock has a 50-day simple moving average of $142.12 and a 200 day simple moving average of $137.39. The company has a market capitalization of $43.85 billion, a PE ratio of 30.10, a P/E/G ratio of 2.31 and a beta of 1.03.

Yum! Brands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were issued a $0.71 dividend. This is an increase from Yum! Brands’s previous quarterly dividend of $0.67. This represents a $2.84 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend was Friday, February 21st. Yum! Brands’s dividend payout ratio is 54.41%.

Wall Street Analyst Weigh In

Several brokerages recently commented on YUM. UBS Group boosted their price target on Yum! Brands from $156.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Sanford C. Bernstein lowered Yum! Brands from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $140.00 to $135.00 in a research note on Wednesday, January 22nd. TD Cowen reissued a “hold” rating and issued a $140.00 price objective on shares of Yum! Brands in a research note on Thursday, February 6th. Wells Fargo & Company boosted their price objective on Yum! Brands from $145.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 5th. Finally, Robert W. Baird boosted their price objective on Yum! Brands from $160.00 to $176.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Fifteen analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $150.95.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 30,604 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $159.46, for a total transaction of $4,880,113.84. Following the completion of the transaction, the chief executive officer now directly owns 160,296 shares of the company’s stock, valued at $25,560,800.16. This represents a 16.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David Eric Russell sold 5,000 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $158.66, for a total value of $793,300.00. Following the transaction, the vice president now directly owns 11,960 shares of the company’s stock, valued at $1,897,573.60. This represents a 29.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 50,132 shares of company stock worth $7,952,685 over the last ninety days. 0.31% of the stock is currently owned by corporate insiders.

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.