Yum! Brands, Inc. (NYSE:YUM) Shares Bought by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 206,210 shares of the restaurant operator's stock after acquiring an additional 9,101 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.07% of Yum! Brands worth $27,665,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HBK Sorce Advisory LLC increased its stake in Yum! Brands by 2.7% during the fourth 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 grew its position in 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 acquiring an additional 82 shares in the last quarter. Institutional investors and hedge funds own 82.37% of the company's stock.

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Yum! Brands Trading Up 0.8 %

Shares of YUM traded up $1.28 during mid-day trading on Monday, hitting $157.04. 3,510,584 shares of the company's stock were exchanged, compared to its average volume of 1,959,959. The business's 50 day moving average is $147.77 and its two-hundred day moving average is $138.85. The firm has a market capitalization of $43.83 billion, a P/E ratio of 30.08, a P/E/G ratio of 2.31 and a beta of 1.03. Yum! Brands, Inc. has a fifty-two week low of $122.13 and a fifty-two week high of $163.30.

Yum! Brands Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were issued a dividend of $0.71 per share. The ex-dividend date of this dividend was Friday, February 21st. This is an increase from Yum! Brands's previous quarterly dividend of $0.67. This represents a $2.84 annualized dividend and a dividend yield of 1.81%. Yum! Brands's dividend payout ratio (DPR) is currently 54.41%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Wells Fargo & Company raised their price objective on shares of Yum! Brands from $145.00 to $160.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 5th. Barclays upped their target price on shares of Yum! Brands from $162.00 to $165.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Sanford C. Bernstein downgraded shares of Yum! Brands from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from $140.00 to $135.00 in a research note on Wednesday, January 22nd. Argus raised shares of Yum! Brands from a "hold" rating to a "buy" rating and set a $155.00 price objective on the stock in a research report on Tuesday, December 31st. Finally, The Goldman Sachs Group lifted their price objective on shares of Yum! Brands from $140.00 to $155.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Fifteen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $151.79.

Insider Activity at Yum! Brands

In other Yum! Brands news, insider Erika Burkhardt sold 597 shares of the stock in a transaction 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 transaction, the insider now owns 64 shares in the company, valued at approximately $10,180.48. This represents a 90.32 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP David Eric Russell sold 5,000 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were 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 directly 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 50,132 shares of company stock worth $7,952,685 in the last three months. Insiders own 0.31% of the company's stock.

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.