Camrose Capital Investment Partners LLP Buys Shares of 83,498 Yum! Brands, Inc. (NYSE:YUM)

Camrose Capital Investment Partners LLP purchased a new position in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 83,498 shares of the restaurant operator's stock, valued at approximately $11,202,000. Yum! Brands makes up 12.3% of Camrose Capital Investment Partners LLP's investment portfolio, making the stock its 2nd biggest position.

Several other hedge funds have also recently added to or reduced their stakes in the company. Franklin Resources Inc. raised its holdings in shares of Yum! Brands by 12.0% during the 3rd quarter. Franklin Resources Inc. now owns 130,858 shares of the restaurant operator's stock worth $17,620,000 after acquiring an additional 14,032 shares during the period. Principal Financial Group Inc. raised its position in shares of Yum! Brands by 3.1% during the 3rd quarter. Principal Financial Group Inc. now owns 352,400 shares of the restaurant operator's stock valued at $49,234,000 after buying an additional 10,526 shares during the period. Pensionfund Sabic lifted its stake in shares of Yum! Brands by 40.7% in the 4th quarter. Pensionfund Sabic now owns 12,100 shares of the restaurant operator's stock valued at $1,623,000 after purchasing an additional 3,500 shares during the last quarter. Diversified Trust Co increased its position in shares of Yum! Brands by 30.3% during the 4th quarter. Diversified Trust Co now owns 4,327 shares of the restaurant operator's stock worth $581,000 after purchasing an additional 1,006 shares during the last quarter. Finally, First Hawaiian Bank raised its holdings in Yum! Brands by 31.8% in the 4th quarter. First Hawaiian Bank now owns 9,402 shares of the restaurant operator's stock valued at $1,261,000 after buying an additional 2,266 shares during the period. 82.37% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, VP David Eric Russell sold 5,000 shares of the firm's stock in a transaction dated 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 owns 11,960 shares in the company, valued at $1,897,573.60. This trade represents a 29.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Tracy L. Skeans sold 8,638 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $158.36, for a total transaction of $1,367,913.68. Following the sale, the chief operating officer now directly owns 2,970 shares in the company, valued at approximately $470,329.20. This represents a 74.41 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 55,271 shares of company stock valued at $8,706,576 in the last three months. 0.33% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Cowen reiterated a "hold" rating on shares of Yum! Brands in a research report on Wednesday, March 5th. Citigroup lifted their target price on shares of Yum! Brands from $148.00 to $151.00 and gave the company a "neutral" rating in a report on Tuesday, April 15th. Guggenheim upped their price target on Yum! Brands from $155.00 to $165.00 and gave the stock a "buy" rating in a research note on Tuesday, April 8th. JPMorgan Chase & Co. lifted their price objective on Yum! Brands from $160.00 to $170.00 and gave the company a "neutral" rating in a research note on Monday. Finally, Piper Sandler increased their target price on Yum! Brands from $150.00 to $155.00 and gave the stock a "neutral" rating in a research note on Thursday, May 1st. Sixteen investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $156.70.

Yum! Brands Price Performance

Shares of NYSE YUM opened at $146.53 on Tuesday. The company has a market cap of $40.81 billion, a PE ratio of 28.07, a P/E/G ratio of 2.31 and a beta of 0.77. The stock has a fifty day moving average price of $151.70 and a 200 day moving average price of $141.18. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $163.30.

Yum! Brands (NYSE:YUM - Get Free Report) last issued its earnings results on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.01. The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.85 billion. Yum! Brands had a net margin of 19.68% and a negative return on equity of 20.33%. The business's quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.15 earnings per share. Analysts anticipate that Yum! Brands, Inc. will post 5.94 earnings per share for the current fiscal year.

Yum! Brands Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.94%. This is an increase from Yum! Brands's previous quarterly dividend of $0.67. The ex-dividend date was Friday, February 21st. Yum! Brands's dividend payout ratio is 56.57%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.