Yum! Brands, Inc. (NYSE:YUM) Shares Acquired by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. grew its stake in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) by 907.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 76,416 shares of the restaurant operator's stock after buying an additional 68,830 shares during the period. Tokio Marine Asset Management Co. Ltd.'s holdings in Yum! Brands were worth $10,252,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of YUM. Toronto Dominion Bank lifted its stake in shares of Yum! Brands by 15.5% in the 3rd quarter. Toronto Dominion Bank now owns 127,446 shares of the restaurant operator's stock worth $17,805,000 after acquiring an additional 17,133 shares during the period. OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of Yum! Brands during the third quarter worth $1,262,000. Sumitomo Mitsui Trust Group Inc. increased its stake in Yum! Brands by 3.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 689,631 shares of the restaurant operator's stock worth $96,348,000 after purchasing an additional 20,966 shares in the last quarter. Infusive Asset Management Inc. boosted its holdings in shares of Yum! Brands by 15.1% in the third quarter. Infusive Asset Management Inc. now owns 43,419 shares of the restaurant operator's stock worth $6,066,000 after buying an additional 5,684 shares during the period. Finally, Forsta AP Fonden grew its position in Yum! Brands by 5.3% during the 4th quarter. Forsta AP Fonden now owns 110,500 shares of the restaurant operator's stock worth $14,825,000 after purchasing an additional 5,600 shares in the last quarter. Institutional investors and hedge funds own 82.37% of the company's stock.

Insider Buying and Selling

In other Yum! Brands news, CEO David W. Gibbs sold 7,059 shares of the company's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $135.94, for a total transaction of $959,600.46. Following the sale, the chief executive officer now owns 149,385 shares in the company, valued at $20,307,396.90. This represents a 4.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.31% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on YUM. Loop Capital lowered their price objective on shares of Yum! Brands from $143.00 to $140.00 and set a "hold" rating on the stock in a research report on Wednesday, November 6th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $140.00 target price (down previously from $158.00) on shares of Yum! Brands in a report on Tuesday, January 21st. Citigroup reissued a "neutral" rating and set a $141.00 price target (down from $153.00) on shares of Yum! Brands in a research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft cut their price target on Yum! Brands from $147.00 to $145.00 and set a "hold" rating on the stock in a research note on Wednesday, November 6th. Finally, TD Cowen restated a "hold" rating and issued a $145.00 price target on shares of Yum! Brands in a report on Wednesday, November 6th. Thirteen investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $144.89.

Yum! Brands Stock Performance

YUM stock traded down $0.31 during midday trading on Wednesday, reaching $131.17. The stock had a trading volume of 830,663 shares, compared to its average volume of 1,934,322. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $143.20. The firm has a fifty day simple moving average of $132.35 and a two-hundred day simple moving average of $133.67. The stock has a market cap of $36.60 billion, a PE ratio of 24.51, a P/E/G ratio of 2.14 and a beta of 1.11.

Yum! Brands (NYSE:YUM - Get Free Report) last announced its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.04). The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the firm earned $1.44 EPS. On average, sell-side analysts predict that Yum! Brands, Inc. will post 5.46 EPS for the current fiscal year.

Yum! Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend was Monday, December 2nd. Yum! Brands's dividend payout ratio (DPR) is currently 50.09%.

About Yum! Brands

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.