NEOS Investment Management LLC increased its stake in Yum! Brands, Inc. by 45.5% in the third quarter, acquiring an additional 11,376 shares, bringing their total holdings to 36,363 shares valued at approximately $5.53 million. This comes amidst notable insider selling by CEO Aaron Powell and an increase in the company’s quarterly dividend to $0.75 per share, resulting in an annualized yield of 1.8%. Analysts currently have a “Moderate Buy” rating for Yum! Brands with a consensus target price of $174.00.
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NEOS Investment Management LLC Acquires 11,376 Shares of Yum! Brands, Inc. $YUM
NEOS Investment Management LLC increased its stake in Yum! Brands, Inc. by 45.5% in the third quarter, acquiring an additional 11,376 shares, bringing their total holdings to 36,363 shares valued at approximately $5.53 million. This comes amidst notable insider selling by CEO Aaron Powell and an increase in the company’s quarterly dividend to $0.75 per share, resulting in an annualized yield of 1.8%. Analysts currently have a “Moderate Buy” rating for Yum! Brands with a consensus target price of $174.00.