5 Best Fast Food Stocks to Buy Now

4. Yum! Brands, Inc. (NYSE:YUM)

Number of Hedge Fund Holders: 35

In Q2, Yum! Brands, Inc. (NYSE:YUM) presented a positive hedge fund sentiment, as of the 873 hedge funds tracked by Insider Monkey, 35 hedge funds had positions in the company in Q2, up from 32 in the previous quarter. The total value of these stakes is $652.3 million.

Yum! Brands, Inc. (NYSE:YUM) is an American fast-food company that owns KFC, Pizza Hut, Taco Bell, among others. On August 11, the company’s board declared a quarterly dividend of $0.50 per share, yielding 1.49%. The company has a track record of 4 years of consistent dividend growth.

This September, Baird reiterated its Buy rating on the stock, with a $144 price target. Recently, Morgan Stanley named Yum! Brands, Inc. (NYSE:YUM) as one of its top picks in the restaurant sector, while keeping an Overweight rating on the shares.