Tidal Investments LLC Boosts Holdings in Yum! Brands, Inc. $YUM
MarketBeat
Tidal Investments LLC significantly increased its stake in Yum! Brands, Inc. (NYSE:YUM) by 114.4% in the second quarter, bringing its total holdings to 53,189 shares valued at $8.5 million. This move is amidst a generally positive analyst outlook, with Yum! Brands holding a "Moderate Buy" rating and surpassing EPS expectations with 12.2% year-over-year revenue growth. The company also declared a $0.75 quarterly dividend and authorized a $4 billion share repurchase program.
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