Biltmore Family Office LLC Has $934,000 Holdings in Yum! Brands, Inc. (NYSE:YUM)

Biltmore Family Office LLC trimmed its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,959 shares of the restaurant operator’s stock after selling 297 shares during the quarter. Biltmore Family Office LLC’s holdings in Yum! Brands were worth $934,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of YUM. HBK Sorce Advisory LLC grew its position in Yum! Brands by 2.7% during 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 increased its stake in shares of Yum! Brands by 0.5% in the fourth quarter. OLD Point Trust & Financial Services N A now owns 15,357 shares of the restaurant operator’s stock valued at $2,060,000 after buying an additional 70 shares in the last quarter. Investment Partners LTD. raised its holdings in shares of Yum! Brands by 2.3% in the fourth quarter. Investment Partners LTD. now owns 3,231 shares of the restaurant operator’s stock valued at $433,000 after buying an additional 72 shares during the last quarter. Bahl & Gaynor Inc. lifted its position in Yum! Brands by 5.0% during the 4th quarter. Bahl & Gaynor Inc. now owns 1,575 shares of the restaurant operator’s stock worth $211,000 after buying an additional 75 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC grew its holdings in Yum! Brands by 3.9% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 2,165 shares of the restaurant operator’s stock worth $290,000 after acquiring an additional 82 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Robert W. Baird upped their target price on shares of Yum! Brands from $160.00 to $176.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Sanford C. Bernstein cut shares of Yum! Brands from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $140.00 to $135.00 in a research report on Wednesday, January 22nd. Barclays increased their price objective on shares of Yum! Brands from $162.00 to $165.00 and gave the company an “overweight” rating in a report on Friday, February 7th. UBS Group lifted their target price on shares of Yum! Brands from $156.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, Argus raised Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 price target on the stock in a research note on Tuesday, December 31st. Fifteen equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Yum! Brands currently has an average rating of “Hold” and a consensus target price of $151.79.

Yum! Brands Trading Down 0.5 %

YUM stock opened at $158.13 on Thursday. The stock has a market cap of $44.13 billion, a PE ratio of 30.29, a price-to-earnings-growth ratio of 2.31 and a beta of 1.03. The stock has a 50-day moving average price of $149.08 and a two-hundred day moving average price of $139.16. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year high of $163.30.

Yum! Brands Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were paid a $0.71 dividend. This is a boost from Yum! Brands’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.84 annualized dividend and a yield of 1.80%. Yum! Brands’s payout ratio is presently 54.41%.

Insiders Place Their Bets

In related news, VP David Eric Russell sold 5,000 shares of Yum! Brands stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $158.66, for a total value of $793,300.00. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 5,293 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $154.24, for a total value of $816,392.32. Following the transaction, the chief executive officer now directly owns 157,893 shares of the company’s stock, valued at $24,353,416.32. This trade represents a 3.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 50,132 shares of company stock valued at $7,952,685 in the last quarter. 0.31% of the stock is currently owned by insiders.

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.