CreativeOne Wealth LLC Increases Holdings in Yum! Brands, Inc. (NYSE:YUM)

CreativeOne Wealth LLC increased its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,101 shares of the restaurant operator’s stock after purchasing an additional 321 shares during the quarter. CreativeOne Wealth LLC’s holdings in Yum! Brands were worth $1,221,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of YUM. HBK Sorce Advisory LLC boosted its holdings in Yum! Brands by 2.7% during the 4th quarter. HBK Sorce Advisory LLC now owns 2,664 shares of the restaurant operator’s stock valued at $357,000 after acquiring an additional 69 shares during the period. OLD Point Trust & Financial Services N A lifted its position in shares of Yum! Brands by 0.5% during the fourth quarter. OLD Point Trust & Financial Services N A now owns 15,357 shares of the restaurant operator’s stock worth $2,060,000 after purchasing an additional 70 shares in the last quarter. Investment Partners LTD. boosted its stake in shares of Yum! Brands by 2.3% in the fourth quarter. Investment Partners LTD. now owns 3,231 shares of the restaurant operator’s stock valued at $433,000 after purchasing an additional 72 shares during the period. Bahl & Gaynor Inc. grew its holdings in shares of Yum! Brands by 5.0% in the fourth quarter. Bahl & Gaynor Inc. now owns 1,575 shares of the restaurant operator’s stock valued at $211,000 after purchasing an additional 75 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC lifted its holdings in Yum! Brands by 3.9% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 2,165 shares of the restaurant operator’s stock worth $290,000 after buying an additional 82 shares in the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Wall Street Analysts Forecast Growth

YUM has been the subject of several research reports. Guggenheim boosted their price target on shares of Yum! Brands from $155.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, April 8th. Sanford C. Bernstein downgraded Yum! Brands from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $140.00 to $135.00 in a report on Wednesday, January 22nd. Wells Fargo & Company increased their price target 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. TD Securities restated a “hold” rating and set a $164.00 target price on shares of Yum! Brands in a research note on Monday, March 31st. Finally, JPMorgan Chase & Co. raised their target price 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. Sixteen research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $152.71.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, VP David Eric Russell sold 5,000 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $158.66, for a total value of $793,300.00. Following the completion of the sale, the vice president now owns 11,960 shares of the company’s stock, valued at approximately $1,897,573.60. This trade represents a 29.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 30,604 shares of the firm’s stock in a transaction dated 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 owns 160,296 shares of the company’s stock, valued at $25,560,800.16. This trade represents a 16.03 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 55,271 shares of company stock valued at $8,706,576. 0.31% of the stock is owned by company insiders.

Yum! Brands Price Performance

YUM stock opened at $142.68 on Thursday. Yum! Brands, Inc. has a 12 month low of $122.13 and a 12 month high of $163.30. The company has a market cap of $39.82 billion, a price-to-earnings ratio of 27.33, a price-to-earnings-growth ratio of 2.31 and a beta of 0.90. The company has a fifty day moving average price of $152.36 and a 200 day moving average price of $140.13.

Yum! Brands Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 1.99%. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Friday, February 21st. Yum! Brands’s dividend payout ratio (DPR) is 54.41%.

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.