Coastline Trust Co Has $2.74 Million Stake in Yum! Brands, Inc. (NYSE:YUM)

Coastline Trust Co decreased its holdings in shares of Yum! Brands, Inc. (NYSE:YUMFree Report) by 7.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,955 shares of the restaurant operator’s stock after selling 1,685 shares during the quarter. Coastline Trust Co’s holdings in Yum! Brands were worth $2,738,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC acquired a new stake in Yum! Brands in the fourth quarter valued at $27,000. Bruce G. Allen Investments LLC acquired a new stake in Yum! Brands in the fourth quarter valued at $34,000. Rise Advisors LLC lifted its stake in Yum! Brands by 1,190.5% in the third quarter. Rise Advisors LLC now owns 271 shares of the restaurant operator’s stock valued at $34,000 after acquiring an additional 250 shares during the last quarter. Clear Street Markets LLC lifted its stake in Yum! Brands by 28,400.0% in the fourth quarter. Clear Street Markets LLC now owns 285 shares of the restaurant operator’s stock valued at $37,000 after acquiring an additional 284 shares during the last quarter. Finally, KB Financial Partners LLC acquired a new stake in Yum! Brands in the second quarter valued at $41,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Wall Street Analyst Weigh In

YUM has been the subject of a number of research reports. Royal Bank of Canada cut their target price on shares of Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a research note on Friday, February 9th. JPMorgan Chase & Co. raised their price target on shares of Yum! Brands from $133.00 to $134.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 19th. Oppenheimer raised shares of Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 price target on the stock in a research report on Friday, January 5th. Citigroup raised their target price on shares of Yum! Brands from $164.00 to $166.00 and gave the company a “buy” rating in a report on Thursday, February 8th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $135.00 target price on shares of Yum! Brands in a report on Thursday, January 4th. Nine equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Yum! Brands has an average rating of “Hold” and an average price target of $145.00.

Read Our Latest Report on YUM

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,067 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the completion of the sale, the chief executive officer now owns 175,377 shares of the company’s stock, valued at $23,910,900.18. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO David W. Gibbs sold 7,067 shares of Yum! Brands stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $136.34, for a total transaction of $963,514.78. Following the completion of the sale, the chief executive officer now owns 175,377 shares of the company’s stock, valued at $23,910,900.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO David W. Gibbs sold 3,756 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $129.21, for a total value of $485,312.76. Following the completion of the transaction, the chief executive officer now directly owns 57,325 shares of the company’s stock, valued at $7,406,963.25. The disclosure for this sale can be found here. Insiders have sold 20,742 shares of company stock worth $2,734,628 over the last quarter. Insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

Shares of NYSE:YUM traded up $0.24 on Tuesday, hitting $140.71. 1,986,802 shares of the company’s stock were exchanged, compared to its average volume of 1,948,099. Yum! Brands, Inc. has a 12 month low of $115.53 and a 12 month high of $143.24. The stock has a market capitalization of $39.59 billion, a price-to-earnings ratio of 25.17, a price-to-earnings-growth ratio of 2.19 and a beta of 1.10. The business’s 50 day simple moving average is $134.94 and its two-hundred day simple moving average is $129.02.

Yum! Brands (NYSE:YUMGet Free Report) last announced its quarterly earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.13). The firm had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $2.11 billion. Yum! Brands had a net margin of 22.57% and a negative return on equity of 17.76%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.31 EPS. Equities analysts forecast that Yum! Brands, Inc. will post 5.72 EPS for the current fiscal year.

Yum! Brands Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.90%. The ex-dividend date was Tuesday, February 20th. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.61. Yum! Brands’s payout ratio is 47.94%.

Yum! Brands Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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