TD Private Client Wealth LLC Purchases 359 Shares of Yum! Brands, Inc. (NYSE:YUM)

TD Private Client Wealth LLC lifted its holdings in Yum! Brands, Inc. (NYSE:YUM) by 18.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,297 shares of the restaurant operator’s stock after purchasing an additional 359 shares during the period. TD Private Client Wealth LLC’s holdings in Yum! Brands were worth $308,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Cantillon Capital Management LLC increased its position in Yum! Brands by 31.7% in 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 period. Raymond James Financial Inc. acquired a new position in Yum! Brands during the 4th quarter valued at $59,289,000. Los Angeles Capital Management LLC boosted its holdings in Yum! Brands by 140.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 437,625 shares of the restaurant operator’s stock valued at $58,712,000 after purchasing an additional 255,495 shares during the period. Anchor Capital Advisors LLC acquired a new stake in Yum! Brands in the 4th quarter worth $30,098,000. Finally, Amundi increased its holdings in shares of Yum! Brands by 23.8% during the 4th quarter. Amundi now owns 749,895 shares of the restaurant operator’s stock worth $95,792,000 after purchasing an additional 144,406 shares during the period. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insiders Place Their Bets

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on YUM shares. TD Securities increased their target price on shares of Yum! Brands from $151.00 to $164.00 and gave the company a “hold” rating in a research note on Wednesday, March 5th. The Goldman Sachs Group raised their price objective on Yum! Brands from $140.00 to $155.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Wells Fargo & Company boosted their price objective on Yum! Brands from $145.00 to $160.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 5th. Sanford C. Bernstein cut Yum! Brands from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $140.00 to $135.00 in a research report on Wednesday, January 22nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Yum! Brands from $138.00 to $160.00 and gave the company a “neutral” rating in a report on Thursday, March 20th. Fifteen equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $151.79.

Yum! Brands Trading Down 0.6 %

NYSE:YUM opened at $155.82 on Tuesday. The stock has a market capitalization of $43.49 billion, a P/E ratio of 29.85, a price-to-earnings-growth ratio of 2.31 and a beta of 1.03. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year high of $163.30. The firm has a 50 day moving average of $144.62 and a 200-day moving average of $138.03.

Yum! Brands Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were given a $0.71 dividend. This is an increase from Yum! Brands’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.84 annualized dividend and a yield of 1.82%. Yum! Brands’s payout ratio is presently 54.41%.

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.