5,088 Shares in Yum! Brands, Inc. (NYSE:YUM) Bought by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations purchased a new stake in shares of Yum! Brands, Inc. (NYSE:YUM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,088 shares of the restaurant operator’s stock, valued at approximately $683,000.

Other large investors have also modified their holdings of the company. NEOS Investment Management LLC raised its holdings in shares of Yum! Brands by 30.7% in the 4th quarter. NEOS Investment Management LLC now owns 15,880 shares of the restaurant operator’s stock worth $2,130,000 after buying an additional 3,731 shares in the last quarter. Elo Mutual Pension Insurance Co lifted its position in Yum! Brands by 18.2% during the 4th quarter. Elo Mutual Pension Insurance Co now owns 29,378 shares of the restaurant operator’s stock worth $3,941,000 after buying an additional 4,517 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Yum! Brands by 8.5% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 447,178 shares of the restaurant operator’s stock worth $59,671,000 after acquiring an additional 34,936 shares during the last quarter. Korea Investment CORP lifted its holdings in Yum! Brands by 3.7% during the 4th quarter. Korea Investment CORP now owns 163,191 shares of the restaurant operator’s stock worth $21,894,000 after buying an additional 5,827 shares in the last quarter. Finally, Tyler Stone Wealth Management boosted its position in Yum! Brands by 7.7% in the 4th quarter. Tyler Stone Wealth Management now owns 1,856 shares of the restaurant operator’s stock valued at $249,000 after buying an additional 132 shares during the last quarter. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Yum! Brands Stock Performance

NYSE:YUM opened at $157.62 on Friday. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30. The company has a market cap of $43.99 billion, a P/E ratio of 30.20, a P/E/G ratio of 2.31 and a beta of 1.03. The stock’s 50-day simple moving average is $146.53 and its 200 day simple moving average is $138.46.

Yum! Brands Increases Dividend

The business also recently disclosed 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. The ex-dividend date was Friday, February 21st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.80%. This is a boost from Yum! Brands’s previous quarterly dividend of $0.67. Yum! Brands’s dividend payout ratio is currently 54.41%.

Insider Activity at Yum! Brands

In related news, insider Erika Burkhardt sold 597 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $159.07, for a total value of $94,964.79. Following the completion of the sale, the insider now directly owns 64 shares in the company, valued at approximately $10,180.48. This trade represents a 90.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO David W. Gibbs sold 30,604 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $159.46, for a total value of $4,880,113.84. Following the transaction, the chief executive officer now directly owns 160,296 shares in the company, valued at approximately $25,560,800.16. This trade represents a 16.03 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,132 shares of company stock valued at $7,952,685. 0.31% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on YUM. Wells Fargo & Company boosted their price objective on Yum! Brands from $145.00 to $160.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 5th. Cowen restated a “hold” rating on shares of Yum! Brands in a report on Wednesday, March 5th. TD Cowen reaffirmed a “hold” rating and set a $140.00 target price on shares of Yum! Brands in a report on Thursday, February 6th. Barclays increased their price target on Yum! Brands from $162.00 to $165.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Finally, Stifel Nicolaus lifted their price objective on Yum! Brands from $130.00 to $148.00 and gave the stock a “hold” rating in a research note on Friday, February 28th. Fifteen research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Yum! Brands has a consensus rating of “Hold” and an average price target of $151.79.

Yum! Brands Company 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.