First National Bank & Trust Co. of Newtown Cuts Position in Yum! Brands, Inc. (NYSE:YUM)

First National Bank & Trust Co. of Newtown lessened its holdings in Yum! Brands, Inc. (NYSE:YUM) by 9.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,310 shares of the restaurant operator’s stock after selling 783 shares during the period. First National Bank & Trust Co. of Newtown’s holdings in Yum! Brands were worth $981,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of YUM. Los Angeles Capital Management LLC increased its stake in Yum! Brands by 5,077.1% during the 3rd quarter. Los Angeles Capital Management LLC now owns 182,130 shares of the restaurant operator’s stock worth $25,445,000 after buying an additional 178,612 shares in the last quarter. International Assets Investment Management LLC increased its stake in Yum! Brands by 14,151.9% during the 3rd quarter. International Assets Investment Management LLC now owns 148,220 shares of the restaurant operator’s stock worth $20,708,000 after buying an additional 147,180 shares in the last quarter. Geode Capital Management LLC increased 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 worth $1,038,775,000 after buying an additional 111,147 shares in the last quarter. Allspring Global Investments Holdings LLC increased 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 worth $14,158,000 after buying an additional 91,367 shares in the last quarter. Finally, Markel Group Inc. increased 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 worth $21,865,000 after buying an additional 70,000 shares in the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on YUM shares. 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 report on Wednesday, November 6th. Redburn Atlantic cut Yum! Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. TD Cowen restated a “hold” rating and set a $140.00 target price on shares of Yum! Brands in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft lowered their target price on Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Finally, UBS Group boosted their target price on Yum! Brands from $156.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Thirteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $147.37.

Yum! Brands Stock Up 0.9 %

Shares of NYSE YUM opened at $148.43 on Thursday. The firm has a market cap of $41.42 billion, a price-to-earnings ratio of 28.43, a PEG ratio of 2.25 and a beta of 1.10. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $149.30. The business’s 50 day moving average is $133.87 and its two-hundred day moving average is $134.82.

Yum! Brands Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be given a $0.71 dividend. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.67. The ex-dividend date is Friday, February 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.91%. Yum! Brands’s payout ratio is presently 51.34%.

Insider Buying and Selling at Yum! Brands

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 value of $522,883.90. Following the sale, 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 document filed with the Securities & Exchange Commission, which is available through this link. 0.31% of the stock is 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.