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Yum! Brands, Inc. $YUM Shares Bought by M&T Bank Corp
M&T Bank Corp significantly increased its stake in Yum! Brands, Inc. by 250.2% in the fourth quarter, now owning 265,338 shares worth $40.14 million. Several other institutional investors also adjusted their positions in YUM, collectively holding 82.37% of the stock. Yum! Brands recently increased its quarterly dividend to $0.75 per share, and analysts currently have a “Moderate Buy” consensus rating with a target price of $174.50.