19,900 Shares in Yum! Brands, Inc. (NYSE:YUM) Acquired by Mindset Wealth Management LLC

Mindset Wealth Management LLC acquired a new stake in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 19,900 shares of the restaurant operator's stock, valued at approximately $2,670,000. Yum! Brands comprises 1.0% of Mindset Wealth Management LLC's investment portfolio, making the stock its 6th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its position in Yum! Brands by 4.2% during the 4th quarter. Bank of New York Mellon Corp now owns 2,355,367 shares of the restaurant operator's stock worth $315,996,000 after buying an additional 94,026 shares during the last quarter. Toronto Dominion Bank lifted its holdings in shares of Yum! Brands by 15.5% in the 3rd quarter. Toronto Dominion Bank now owns 127,446 shares of the restaurant operator's stock valued at $17,805,000 after buying an additional 17,133 shares during the period. Cantillon Capital Management LLC boosted its stake in shares of Yum! Brands by 31.7% in the fourth 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 last quarter. Forsta AP Fonden raised its position in Yum! Brands by 5.3% during the fourth quarter. Forsta AP Fonden now owns 110,500 shares of the restaurant operator's stock valued at $14,825,000 after acquiring an additional 5,600 shares in the last quarter. Finally, DJE Kapital AG purchased a new stake in Yum! Brands in the 4th quarter worth approximately $3,306,000. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

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Yum! Brands Stock Performance

Yum! Brands stock traded up $0.35 during trading hours on Tuesday, reaching $156.17. 99,681 shares of the stock were exchanged, compared to its average volume of 1,887,335. The stock has a market cap of $43.59 billion, a P/E ratio of 29.95, a P/E/G ratio of 2.31 and a beta of 1.03. The firm's 50 day moving average is $144.62 and its 200 day moving average is $138.03. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30.

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. The ex-dividend date was Friday, February 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.82%. This is an increase from Yum! Brands's previous quarterly dividend of $0.67. Yum! Brands's dividend payout ratio (DPR) is presently 54.41%.

Insider Buying and Selling at Yum! Brands

In other news, insider Erika Burkhardt sold 597 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $159.07, for a total value of $94,964.79. Following the completion of the sale, the insider now directly owns 64 shares of the company's stock, valued at $10,180.48. This trade represents a 90.32 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP David Eric Russell sold 5,000 shares of the company'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 transaction, the vice president now directly owns 11,960 shares in the company, valued at $1,897,573.60. This represents a 29.48 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,132 shares of company stock valued at $7,952,685. 0.31% of the stock is owned by corporate insiders.

Analyst Ratings Changes

YUM has been the topic of several recent analyst reports. Cowen reissued a "hold" rating on shares of Yum! Brands in a research note on Wednesday, March 5th. Robert W. Baird increased their target price on Yum! Brands from $160.00 to $176.00 and gave the company an "outperform" rating in a report on Wednesday, March 5th. UBS Group lifted their price target on Yum! Brands from $156.00 to $165.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Stifel Nicolaus increased their price objective on Yum! Brands from $130.00 to $148.00 and gave the company a "hold" rating in a research note on Friday, February 28th. Finally, The Goldman Sachs Group lifted their target price on shares of Yum! Brands from $140.00 to $155.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Fifteen analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $151.79.

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.