Caisse Des Depots ET Consignations Takes Position in Yum! Brands, Inc. (NYSE:YUM)

Caisse Des Depots ET Consignations bought a new stake in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,088 shares of the restaurant operator's stock, valued at approximately $683,000.

A number of other large investors also recently added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC bought a new position in shares of Yum! Brands during the fourth quarter valued at about $25,000. Safe Harbor Fiduciary LLC bought a new stake in shares of Yum! Brands in the 3rd quarter valued at about $29,000. Halbert Hargrove Global Advisors LLC purchased a new stake in Yum! Brands during the 4th quarter valued at about $33,000. Jackson Grant Investment Advisers Inc. grew its holdings in shares of Yum! Brands by 52.1% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 295 shares of the restaurant operator's stock worth $40,000 after purchasing an additional 101 shares during the last quarter. Finally, Morse Asset Management Inc bought a new stake in Yum! Brands in the 3rd quarter worth $42,000. Hedge funds and other institutional investors own 82.37% of the company's stock.

Insiders Place Their Bets

In related news, CEO David W. Gibbs sold 5,293 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $154.24, for a total transaction of $816,392.32. Following the sale, the chief executive officer now directly owns 157,893 shares of the company's stock, valued at $24,353,416.32. This trade represents a 3.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Tracy L. Skeans sold 8,638 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $158.36, for a total value of $1,367,913.68. Following the completion of the transaction, the chief operating officer now directly owns 2,970 shares of the company's stock, valued at approximately $470,329.20. This trade represents a 74.41 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,132 shares of company stock valued at $7,952,685. Corporate insiders own 0.31% of the company's stock.

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Yum! Brands Stock Performance

Shares of NYSE:YUM traded up $1.20 during trading on Tuesday, reaching $158.56. 333,254 shares of the stock traded hands, compared to its average volume of 2,152,145. The stock has a market cap of $44.25 billion, a P/E ratio of 30.37, a price-to-earnings-growth ratio of 2.31 and a beta of 1.03. The stock has a 50-day moving average of $147.77 and a two-hundred day moving average of $138.85. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30.

Yum! Brands Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.79%. This is an increase from Yum! Brands's previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Friday, February 21st. Yum! Brands's dividend payout ratio (DPR) is currently 54.41%.

Analysts Set New Price Targets

YUM has been the subject of a number of recent analyst reports. The Goldman Sachs Group upped their price target on Yum! Brands from $140.00 to $155.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Barclays upped their target price on Yum! Brands from $162.00 to $165.00 and gave the company an "overweight" rating in a report on Friday, February 7th. UBS Group lifted their price target on shares of Yum! Brands from $156.00 to $165.00 and gave the company a "buy" rating in a report on Friday, February 7th. Robert W. Baird upped their target price on Yum! Brands from $160.00 to $176.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Finally, Oppenheimer increased their target price on Yum! Brands from $154.00 to $160.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. Fifteen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Yum! Brands currently has a consensus rating of "Hold" and a consensus 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.