Achmea Investment Management B.V. Has $4.80 Million Stock Holdings in Yum! Brands, Inc. (NYSE:YUM)

Achmea Investment Management B.V. boosted its holdings in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) by 8.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,766 shares of the restaurant operator's stock after buying an additional 2,846 shares during the period. Achmea Investment Management B.V.'s holdings in Yum! Brands were worth $4,799,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new stake in Yum! Brands during the fourth quarter worth $25,000. Safe Harbor Fiduciary LLC acquired a new stake in Yum! Brands during the third quarter worth $29,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Yum! Brands during the fourth quarter worth $33,000. Jackson Grant Investment Advisers Inc. boosted its stake in shares of Yum! Brands by 52.1% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 295 shares of the restaurant operator's stock valued at $40,000 after purchasing an additional 101 shares in the last quarter. Finally, Morse Asset Management Inc acquired a new stake in shares of Yum! Brands in the 3rd quarter valued at $42,000. Institutional investors and hedge funds own 82.37% of the company's stock.

Yum! Brands Stock Performance

NYSE:YUM traded up $0.28 on Wednesday, hitting $157.58. 1,455,456 shares of the stock were exchanged, compared to its average volume of 1,882,910. The stock has a market capitalization of $43.98 billion, a price-to-earnings ratio of 30.19, a P/E/G ratio of 2.31 and a beta of 1.03. Yum! Brands, Inc. has a 52 week low of $122.13 and a 52 week high of $163.30. The company's 50-day moving average price is $142.12 and its 200 day moving average price is $137.39.

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Yum! Brands Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were issued a dividend of $0.71 per share. This is a boost from Yum! Brands's previous quarterly dividend of $0.67. This represents a $2.84 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend was Friday, February 21st. Yum! Brands's payout ratio is currently 54.41%.

Analyst Ratings Changes

Several equities research analysts have recently commented on YUM shares. Sanford C. Bernstein downgraded shares of Yum! Brands from an "outperform" rating to a "market perform" rating and reduced their target price for the company from $140.00 to $135.00 in a research note on Wednesday, January 22nd. Morgan Stanley boosted their target price on shares of Yum! Brands from $146.00 to $150.00 and gave the company an "equal weight" rating in a research note on Thursday, March 13th. Cowen restated a "hold" rating on shares of Yum! Brands in a research note on Wednesday, March 5th. Citigroup restated a "neutral" rating and issued a $141.00 target price (down previously from $153.00) on shares of Yum! Brands in a research note on Friday, January 10th. Finally, The Goldman Sachs Group boosted their target price on shares of Yum! Brands from $140.00 to $155.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. Fifteen analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Yum! Brands currently has a consensus rating of "Hold" and a consensus price target of $150.95.

Insiders Place Their Bets

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

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.