5,049 Shares in Yum! Brands, Inc. (NYSE:YUM) Acquired by RD Lewis Holdings Inc.

RD Lewis Holdings Inc. acquired a new stake in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,049 shares of the restaurant operator's stock, valued at approximately $725,000.

Several other hedge funds have also recently modified their holdings of YUM. Cantillon Capital Management LLC increased its holdings in shares of Yum! Brands by 31.7% during the fourth quarter. Cantillon Capital Management LLC now owns 1,880,379 shares of the restaurant operator's stock valued at $252,272,000 after acquiring an additional 452,339 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Yum! Brands in the fourth quarter valued at approximately $59,289,000. Los Angeles Capital Management LLC boosted its position in Yum! Brands by 140.3% in the fourth quarter. Los Angeles Capital Management LLC now owns 437,625 shares of the restaurant operator's stock valued at $58,712,000 after buying an additional 255,495 shares during the last quarter. Anchor Capital Advisors LLC purchased a new stake in Yum! Brands in the fourth quarter valued at approximately $30,098,000. Finally, Amundi boosted its position in Yum! Brands by 23.8% in the fourth quarter. Amundi now owns 749,895 shares of the restaurant operator's stock valued at $95,792,000 after buying an additional 144,406 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company's stock.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 5,293 shares of the firm's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $154.24, for a total transaction of $816,392.32. Following the completion of the transaction, the chief executive officer now directly owns 157,893 shares in the company, valued at $24,353,416.32. This trade represents a 3.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Tracy L. Skeans sold 8,638 shares of Yum! Brands stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $158.36, for a total value of $1,367,913.68. Following the completion of the transaction, the chief operating officer now directly owns 2,970 shares of the company's stock, valued at approximately $470,329.20. This represents a 74.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,132 shares of company stock worth $7,952,685. 0.31% of the stock is currently owned by company insiders.

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Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on YUM shares. Barclays upped their target price on Yum! Brands from $162.00 to $165.00 and gave the company an "overweight" rating in a research report on Friday, February 7th. Sanford C. Bernstein lowered Yum! Brands from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from $140.00 to $135.00 in a research report on Wednesday, January 22nd. Argus upgraded 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. Robert W. Baird upped their price objective on Yum! Brands from $160.00 to $176.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. upped their price objective on Yum! Brands from $138.00 to $160.00 and gave the stock a "neutral" rating in a research report on Thursday. Fifteen 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 has a consensus rating of "Hold" and a consensus target price of $151.79.

Yum! Brands Stock Performance

Shares of NYSE YUM traded down $1.15 during mid-day trading on Friday, reaching $156.75. 3,071,625 shares of the company's stock were exchanged, compared to its average volume of 1,885,066. The firm has a market capitalization of $43.75 billion, a price-to-earnings ratio of 30.03, a PEG ratio of 2.31 and a beta of 1.03. 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 is $143.99 and its 200-day moving average is $137.82.

Yum! Brands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were issued a dividend of $0.71 per share. The ex-dividend date was Friday, February 21st. This is a boost from Yum! Brands's previous quarterly dividend of $0.67. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.81%. 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.