Generali Investments CEE investicni spolecnost a.s. Invests $2.15 Million in Yum! Brands, Inc. (NYSE:YUM)

Generali Investments CEE investicni spolecnost a.s. purchased a new position in Yum! Brands, Inc. (NYSE:YUM - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 16,000 shares of the restaurant operator's stock, valued at approximately $2,147,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Investment Partners LTD. grew its stake in shares of Yum! Brands by 2.3% in the fourth quarter. Investment Partners LTD. now owns 3,231 shares of the restaurant operator's stock worth $433,000 after acquiring an additional 72 shares during the last quarter. Bahl & Gaynor Inc. boosted its holdings in Yum! Brands by 5.0% in the 4th quarter. Bahl & Gaynor Inc. now owns 1,575 shares of the restaurant operator's stock valued at $211,000 after purchasing an additional 75 shares during the period. Gladstone Institutional Advisory LLC grew its position in Yum! Brands by 3.9% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 2,165 shares of the restaurant operator's stock worth $290,000 after purchasing an additional 82 shares during the last quarter. Anchor Investment Management LLC increased its holdings in shares of Yum! Brands by 7.4% during the 3rd quarter. Anchor Investment Management LLC now owns 1,329 shares of the restaurant operator's stock worth $186,000 after purchasing an additional 92 shares during the period. Finally, Atria Investments Inc raised its position in shares of Yum! Brands by 0.4% during the fourth quarter. Atria Investments Inc now owns 24,937 shares of the restaurant operator's stock valued at $3,346,000 after buying an additional 92 shares during the last quarter. 82.37% of the stock is owned by institutional investors and hedge funds.

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Insider Transactions at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 30,604 shares of the firm's stock in a transaction that occurred on 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 transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Tracy L. Skeans sold 8,638 shares of Yum! Brands stock in a transaction 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 directly owns 2,970 shares of the company's stock, valued at $470,329.20. This represents a 74.41 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 48,654 shares of company stock worth $7,659,176 over the last 90 days. 0.31% of the stock is owned by insiders.

Yum! Brands Stock Performance

Shares of NYSE YUM traded down $2.29 during trading on Wednesday, reaching $154.41. The company had a trading volume of 1,631,857 shares, compared to its average volume of 2,270,665. Yum! Brands, Inc. has a 52 week low of $122.13 and a 52 week high of $163.30. The business's 50 day moving average price is $139.78 and its 200-day moving average price is $136.67. The stock has a market cap of $43.10 billion, a PE ratio of 29.58, a PEG ratio of 2.31 and a beta of 1.03.

Yum! Brands Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders 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. This represents a $2.84 annualized dividend and a dividend yield of 1.84%. The ex-dividend date was Friday, February 21st. Yum! Brands's dividend payout ratio (DPR) is 54.41%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Morgan Stanley reissued an "equal weight" rating and set a $140.00 target price (down from $158.00) on shares of Yum! Brands in a research report on Tuesday, January 21st. Oppenheimer boosted their price objective on Yum! Brands from $154.00 to $160.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. TD Cowen reaffirmed a "hold" rating and issued a $140.00 target price on shares of Yum! Brands in a research report on Thursday, February 6th. TD Securities boosted their price target on shares of Yum! Brands from $151.00 to $164.00 and gave the company a "hold" rating in a report on Wednesday, March 5th. Finally, Argus raised shares of Yum! Brands from a "hold" rating to a "buy" rating and set a $155.00 price objective for the company in a report on Tuesday, December 31st. Fifteen 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, the company has a consensus rating of "Hold" and an average target price of $150.42.

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.