Bryce Point Capital LLC Invests $1.51 Million in Yum! Brands, Inc. (NYSE:YUM)

Bryce Point Capital LLC bought a new stake in Yum! Brands, Inc. (NYSE:YUM - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 11,239 shares of the restaurant operator's stock, valued at approximately $1,508,000.

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

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Analyst Ratings Changes

A number of equities analysts recently commented on the company. 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. Argus upgraded shares of Yum! Brands from a "hold" rating to a "buy" rating and set a $155.00 price objective for the company in a report on Tuesday, December 31st. Stifel Nicolaus increased their target price on shares of Yum! Brands from $130.00 to $148.00 and gave the stock a "hold" rating in a report on Friday, February 28th. Robert W. Baird boosted their price target on shares of Yum! Brands from $160.00 to $176.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 5th. Finally, Wells Fargo & Company increased their price objective on Yum! Brands from $145.00 to $160.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 5th. Sixteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $151.70.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 30,604 shares of the company's stock in a transaction 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 transaction, the chief executive officer now owns 160,296 shares in the company, valued at approximately $25,560,800.16. This represents a 16.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David Eric Russell sold 5,000 shares of the firm's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $158.66, for a total transaction 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. The trade was a 29.48 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 50,132 shares of company stock worth $7,952,685. 0.31% of the stock is owned by company insiders.

Yum! Brands Trading Down 8.6 %

Shares of Yum! Brands stock traded down $13.93 on Friday, hitting $147.52. The stock had a trading volume of 4,704,337 shares, compared to its average volume of 1,968,248. The stock has a market cap of $41.17 billion, a price-to-earnings ratio of 28.26, a P/E/G ratio of 2.31 and a beta of 0.90. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30. The company's 50 day moving average price is $150.15 and its 200 day moving average price is $139.41.

Yum! Brands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were paid a dividend of $0.71 per share. The ex-dividend date was Friday, February 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.93%. This is a boost from Yum! Brands's previous quarterly dividend of $0.67. Yum! Brands's dividend payout ratio is currently 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.