SRH Advisors LLC Sells 2,030 Shares of Yum! Brands, Inc. (NYSE:YUM)

SRH Advisors LLC trimmed its position in Yum! Brands, Inc. (NYSE:YUM) by 78.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 560 shares of the restaurant operator’s stock after selling 2,030 shares during the quarter. SRH Advisors LLC’s holdings in Yum! Brands were worth $75,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of YUM. Safe Harbor Fiduciary LLC bought a new stake in Yum! Brands in the third quarter valued at approximately $29,000. DiNuzzo Private Wealth Inc. increased its holdings in shares of Yum! Brands by 957.1% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 201 shares during the last quarter. Jackson Grant Investment Advisers Inc. raised its stake in Yum! Brands by 52.1% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 295 shares of the restaurant operator’s stock valued at $40,000 after acquiring an additional 101 shares during the period. Morse Asset Management Inc acquired a new stake in Yum! Brands during the 3rd quarter valued at $42,000. Finally, Global Wealth Strategies & Associates boosted its position in Yum! Brands by 649.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 367 shares of the restaurant operator’s stock worth $49,000 after purchasing an additional 318 shares during the period. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Yum! Brands Trading Down 1.0 %

Shares of NYSE:YUM opened at $146.62 on Wednesday. The firm has a 50 day moving average of $132.55 and a 200-day moving average of $134.08. Yum! Brands, Inc. has a 12 month low of $122.13 and a 12 month high of $148.20. The stock has a market capitalization of $40.92 billion, a PE ratio of 28.09, a PEG ratio of 2.36 and a beta of 1.10.

Yum! Brands Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be given a dividend of $0.71 per share. This is an increase from Yum! Brands’s previous quarterly dividend of $0.67. This represents a $2.84 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Friday, February 21st. Yum! Brands’s payout ratio is currently 51.34%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on YUM shares. Morgan Stanley reissued an “equal weight” rating and issued a $140.00 price objective (down from $158.00) on shares of Yum! Brands in a research report on Tuesday, January 21st. Barclays increased their price target on shares of Yum! Brands from $162.00 to $165.00 and gave the company an “overweight” rating in a report on Friday, February 7th. TD Securities boosted 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. Loop Capital lowered their target price 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. Finally, The Goldman Sachs Group boosted their price target on Yum! Brands from $140.00 to $155.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Thirteen equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $147.37.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 3,815 shares of the business’s 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 transaction, the chief executive officer now owns 149,385 shares of the company’s stock, valued at approximately $20,474,708.10. The trade was a 2.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.31% of the company’s stock.

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.