Commerzbank Aktiengesellschaft FI Acquires 4,328 Shares of Yum! Brands, Inc. (NYSE:YUM)

Commerzbank Aktiengesellschaft FI increased its position in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 279.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,878 shares of the restaurant operator's stock after purchasing an additional 4,328 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in Yum! Brands were worth $785,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in YUM. Farther Finance Advisors LLC increased its position in Yum! Brands by 17.9% in the third quarter. Farther Finance Advisors LLC now owns 2,323 shares of the restaurant operator's stock worth $325,000 after purchasing an additional 353 shares during the period. Van ECK Associates Corp grew its position in shares of Yum! Brands by 1.6% during the 3rd quarter. Van ECK Associates Corp now owns 83,975 shares of the restaurant operator's stock worth $11,255,000 after buying an additional 1,290 shares during the period. Robeco Institutional Asset Management B.V. grew its position in shares of Yum! Brands by 30.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 38,388 shares of the restaurant operator's stock worth $5,363,000 after buying an additional 9,046 shares during the period. National Pension Service grew its position in shares of Yum! Brands by 10.7% during the 3rd quarter. National Pension Service now owns 657,951 shares of the restaurant operator's stock worth $91,922,000 after buying an additional 63,406 shares during the period. Finally, Asset Management One Co. Ltd. grew its position in shares of Yum! Brands by 0.9% during the 3rd quarter. Asset Management One Co. Ltd. now owns 121,346 shares of the restaurant operator's stock worth $16,953,000 after buying an additional 1,047 shares during the period. 82.37% of the stock is currently owned by institutional investors and hedge funds.

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Insider Buying and Selling at Yum! Brands

In other news, COO Tracy L. Skeans sold 8,638 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $158.36, for a total transaction of $1,367,913.68. Following the sale, the chief operating officer now owns 2,970 shares in the company, valued at $470,329.20. This represents a 74.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO David W. Gibbs sold 3,815 shares of the company's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $137.06, for a total value of $522,883.90. Following the sale, the chief executive officer now owns 149,385 shares in the company, valued at approximately $20,474,708.10. This represents a 2.49 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 48,654 shares of company stock worth $7,659,176. Corporate insiders own 0.31% of the company's stock.

Wall Street Analyst Weigh In

YUM has been the subject of several analyst reports. Robert W. Baird boosted their target price on Yum! Brands from $160.00 to $176.00 and gave the stock an "outperform" rating in a research report on Wednesday. TD Securities boosted their target price on Yum! Brands from $151.00 to $164.00 and gave the stock a "hold" rating in a research report on Wednesday. Argus upgraded Yum! Brands from a "hold" rating to a "buy" rating and set a $155.00 target price for the company in a research report on Tuesday, December 31st. Wells Fargo & Company boosted their target price on Yum! Brands from $145.00 to $160.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Finally, Redburn Atlantic lowered Yum! Brands from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 11th. Fourteen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Yum! Brands presently has an average rating of "Hold" and a consensus target price of $150.42.

Yum! Brands Stock Performance

NYSE YUM traded up $3.41 during trading on Friday, hitting $162.67. The stock had a trading volume of 3,411,259 shares, compared to its average volume of 1,907,678. The company has a market capitalization of $45.40 billion, a PE ratio of 31.16, a P/E/G ratio of 2.31 and a beta of 1.03. The company's 50-day moving average price is $138.84 and its two-hundred day moving average price is $136.39. Yum! Brands, Inc. has a 12 month low of $122.13 and a 12 month high of $163.30.

Yum! Brands Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were paid a $0.71 dividend. This is a boost from Yum! Brands's previous quarterly dividend of $0.67. The ex-dividend date was Friday, February 21st. This represents a $2.84 annualized dividend and a yield of 1.75%. Yum! Brands's payout ratio is presently 54.41%.

Yum! Brands 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.