Physician Wealth Advisors Inc. Makes New $73,000 Investment in Yum! Brands, Inc. (NYSE:YUM)

Physician Wealth Advisors Inc. acquired a new stake in shares of Yum! Brands, Inc. (NYSE:YUM) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 547 shares of the restaurant operator’s stock, valued at approximately $73,000.

Several other large investors have also made changes to their positions in the business. California Public Employees Retirement System boosted its holdings in Yum! Brands by 0.4% in the fourth quarter. California Public Employees Retirement System now owns 1,107,137 shares of the restaurant operator’s stock valued at $148,534,000 after purchasing an additional 4,045 shares during the last quarter. RWA Wealth Partners LLC lifted its holdings in shares of Yum! Brands by 5.1% in the 4th quarter. RWA Wealth Partners LLC now owns 4,157 shares of the restaurant operator’s stock valued at $558,000 after buying an additional 200 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Yum! Brands by 8.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 656,791 shares of the restaurant operator’s stock valued at $88,115,000 after buying an additional 49,556 shares during the period. Allianz SE purchased a new stake in shares of Yum! Brands in the fourth quarter worth about $1,680,000. Finally, WealthTrak Capital Management LLC acquired a new stake in Yum! Brands during the fourth quarter worth about $25,000. 82.37% of the stock is owned by hedge funds and other institutional investors.

Yum! Brands Stock Down 1.2 %

Shares of NYSE YUM opened at $155.72 on Monday. The firm has a 50-day simple moving average of $147.14 and a 200-day simple moving average of $138.69. The stock has a market capitalization of $43.46 billion, a price-to-earnings ratio of 29.83, a price-to-earnings-growth 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.

Yum! Brands Increases Dividend

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

Wall Street Analyst Weigh In

YUM has been the subject of a number of analyst reports. Argus raised Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 price target for the company in a report on Tuesday, December 31st. Cowen reissued a “hold” rating on shares of Yum! Brands in a report on Wednesday, March 5th. UBS Group raised their price target on shares of Yum! Brands from $156.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, February 7th. The Goldman Sachs Group increased 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. Finally, Robert W. Baird raised their target price on Yum! Brands from $160.00 to $176.00 and gave the company an “outperform” rating in a research report on Wednesday, March 5th. Fifteen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $151.79.

Insider Transactions at Yum! Brands

In other Yum! Brands news, insider Erika Burkhardt sold 597 shares of the firm’s 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David W. Gibbs sold 5,293 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $154.24, for a total transaction of $816,392.32. Following the transaction, the chief executive officer now directly owns 157,893 shares in the company, valued at approximately $24,353,416.32. The trade was a 3.24 % 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 ninety days. Insiders own 0.31% of the company’s stock.

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.