David Eric Russell Sells 5,000 Shares of Yum! Brands, Inc. (NYSE:YUM) Stock

Yum! Brands, Inc. (NYSE:YUM) VP David Eric Russell sold 5,000 shares of Yum! Brands stock in a transaction that occurred 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 transaction, 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 sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Yum! Brands Stock Performance

Shares of YUM stock opened at $159.81 on Friday. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year high of $161.28. The stock has a fifty day moving average of $138.29 and a two-hundred day moving average of $136.21. The firm has a market capitalization of $44.60 billion, a PE ratio of 30.61, a price-to-earnings-growth ratio of 2.31 and a beta of 1.03.

Yum! Brands Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.67. Yum! Brands’s payout ratio is 54.41%.

Institutional Trading of Yum! Brands

Hedge funds and other institutional investors have recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Yum! Brands in the 4th quarter worth $25,000. WealthTrak Capital Management LLC bought a new stake in shares of Yum! Brands in the 4th quarter worth $25,000. Safe Harbor Fiduciary LLC bought a new stake in shares of Yum! Brands in the 3rd quarter worth $29,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Yum! Brands in the 4th quarter worth $33,000. Finally, Itau Unibanco Holding S.A. raised its stake in shares of Yum! Brands by 436.5% in the 4th quarter. Itau Unibanco Holding S.A. now owns 279 shares of the restaurant operator’s stock worth $37,000 after buying an additional 227 shares in the last quarter. Institutional investors own 82.37% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on YUM shares. Redburn Atlantic lowered Yum! Brands from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. TD Securities lifted their target price on Yum! Brands from $151.00 to $164.00 and gave the stock a “hold” rating in a research report on Wednesday. TD Cowen reiterated a “hold” rating and issued a $140.00 target price on shares of Yum! Brands in a research report on Thursday, February 6th. UBS Group lifted their target price on Yum! Brands from $156.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Finally, Robert W. Baird lifted their target price on Yum! Brands from $160.00 to $176.00 and gave the stock an “outperform” rating in a research report on Wednesday. Fourteen equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Yum! Brands presently has an average rating of “Hold” and an average target price of $150.65.

Yum! Brands Company 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.