Natixis Advisors LLC Has $54.32 Million Holdings in Yum! Brands, Inc. (NYSE:YUM)

Natixis Advisors LLC lessened its stake in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 10.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 404,913 shares of the restaurant operator's stock after selling 49,417 shares during the quarter. Natixis Advisors LLC owned 0.15% of Yum! Brands worth $54,323,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in YUM. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Yum! Brands in the fourth quarter worth $25,000. Safe Harbor Fiduciary LLC purchased a new position in Yum! Brands in the third quarter valued at about $29,000. Halbert Hargrove Global Advisors LLC acquired a new position in Yum! Brands in the 4th quarter worth about $33,000. Jackson Grant Investment Advisers Inc. raised its stake in shares of Yum! Brands by 52.1% during the 4th 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 in the last quarter. Finally, Morse Asset Management Inc acquired a new stake in shares of Yum! Brands during the 3rd quarter valued at about $42,000. Hedge funds and other institutional investors own 82.37% of the company's stock.

Insiders Place Their Bets

In other Yum! Brands news, COO Tracy L. Skeans sold 8,638 shares of the firm's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $158.36, for a total transaction of $1,367,913.68. Following the completion of the transaction, the chief operating officer now owns 2,970 shares in the company, valued at $470,329.20. This trade represents a 74.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP David Eric Russell sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $158.66, for a total value of $793,300.00. Following the completion of the sale, the vice president now owns 11,960 shares in the company, valued at approximately $1,897,573.60. This represents a 29.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 50,132 shares of company stock worth $7,952,685 over the last 90 days. Corporate insiders own 0.31% of the company's stock.

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Wall Street Analyst Weigh In

YUM has been the topic of a number of research reports. Sanford C. Bernstein downgraded Yum! Brands from an "outperform" rating to a "market perform" rating and dropped their price objective for the stock from $140.00 to $135.00 in a report on Wednesday, January 22nd. Wells Fargo & Company increased their price target on shares of Yum! Brands from $145.00 to $160.00 and gave the stock an "equal weight" rating in a research note on Wednesday, March 5th. 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 research note on Tuesday, December 31st. TD Securities increased their target price on shares of Yum! Brands from $151.00 to $164.00 and gave the stock a "hold" rating in a research report on Wednesday, March 5th. Finally, TD Cowen reaffirmed a "hold" rating and issued a $140.00 price target on shares of Yum! Brands in a research report on Thursday, February 6th. Fifteen analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Yum! Brands presently has a consensus rating of "Hold" and a consensus target price of $151.79.

Yum! Brands Trading Up 0.2 %

YUM stock traded up $0.34 during trading on Thursday, reaching $157.85. 1,412,743 shares of the stock were exchanged, compared to its average volume of 2,168,508. Yum! Brands, Inc. has a twelve month low of $122.13 and a twelve month high of $163.30. The company has a market capitalization of $44.06 billion, a P/E ratio of 30.24, a price-to-earnings-growth ratio of 2.31 and a beta of 1.03. The stock has a 50 day simple moving average of $142.72 and a 200-day simple moving average of $137.53.

Yum! Brands Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.80%. This is a positive change 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 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.