MOKAN Wealth Management Inc. Makes New $1.15 Million Investment in Yum! Brands, Inc. (NYSE:YUM)

MOKAN Wealth Management Inc. bought a new stake in Yum! Brands, Inc. (NYSE:YUM) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,550 shares of the restaurant operator’s stock, valued at approximately $1,146,000.

Other hedge funds also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC raised its stake in shares of Yum! Brands by 5,077.1% during the third quarter. Los Angeles Capital Management LLC now owns 182,130 shares of the restaurant operator’s stock valued at $25,445,000 after purchasing an additional 178,612 shares in the last quarter. International Assets Investment Management LLC increased its stake in Yum! Brands by 14,151.9% in the 3rd quarter. International Assets Investment Management LLC now owns 148,220 shares of the restaurant operator’s stock worth $20,708,000 after purchasing an additional 147,180 shares in the last quarter. Geode Capital Management LLC increased its stake in Yum! Brands by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 7,441,170 shares of the restaurant operator’s stock worth $1,038,775,000 after purchasing an additional 111,147 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in Yum! Brands by 624.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 106,005 shares of the restaurant operator’s stock valued at $14,158,000 after acquiring an additional 91,367 shares in the last quarter. Finally, Markel Group Inc. grew its stake in Yum! Brands by 80.9% during the 3rd quarter. Markel Group Inc. now owns 156,502 shares of the restaurant operator’s stock valued at $21,865,000 after acquiring an additional 70,000 shares in the last quarter. 82.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Yum! Brands news, CEO David W. Gibbs sold 3,815 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer now directly 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.31% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Barclays boosted their price target on Yum! Brands from $162.00 to $165.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. The Goldman Sachs Group upped their price target on Yum! Brands from $140.00 to $155.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Loop Capital lowered their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. UBS Group boosted their price objective on Yum! Brands from $156.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Thirteen analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $147.37.

Yum! Brands Price Performance

Shares of NYSE:YUM opened at $147.80 on Friday. The company has a market capitalization of $41.25 billion, a price-to-earnings ratio of 28.31, a P/E/G ratio of 2.36 and a beta of 1.10. The business’s 50-day moving average is $133.32 and its 200-day moving average is $134.52. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year high of $149.30.

Yum! Brands Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be paid 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 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend is Friday, February 21st. Yum! Brands’s dividend payout ratio is 51.34%.

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.