Coldstream Capital Management Inc. Has $5.38 Million Stake in Yum! Brands, Inc. (NYSE:YUM)

Coldstream Capital Management Inc. lifted its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 1.0% during the 4th quarter, HoldingsChannel reports. The firm owned 40,095 shares of the restaurant operator’s stock after acquiring an additional 382 shares during the period. Coldstream Capital Management Inc.’s holdings in Yum! Brands were worth $5,379,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. WealthTrak Capital Management LLC bought a new position in shares of Yum! Brands in the 4th quarter valued at $25,000. Kohmann Bosshard Financial Services LLC bought a new position in Yum! Brands in the fourth quarter valued at about $25,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Yum! Brands during the fourth quarter valued at about $33,000. Jackson Grant Investment Advisers Inc. grew its holdings in shares of Yum! Brands by 52.1% during the fourth 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 during the last quarter. Finally, Morse Asset Management Inc acquired a new position in shares of Yum! Brands in the third quarter valued at approximately $42,000. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Yum! Brands

In other news, CEO David W. Gibbs sold 5,139 shares of the business’s stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $146.70, for a total value of $753,891.30. Following the transaction, the chief executive officer now owns 157,893 shares in the company, valued at $23,162,903.10. The trade was a 3.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David Eric Russell sold 5,000 shares of the 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 sale, the vice president now directly owns 11,960 shares of the company’s stock, valued at $1,897,573.60. The trade was a 29.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 55,271 shares of company stock worth $8,706,576 in the last quarter. 0.33% of the stock is currently owned by corporate insiders.

Yum! Brands Stock Performance

Shares of YUM opened at $147.54 on Friday. Yum! Brands, Inc. has a 52 week low of $122.13 and a 52 week high of $163.30. The stock has a 50 day moving average price of $151.96 and a two-hundred day moving average price of $140.48. The firm has a market capitalization of $41.18 billion, a P/E ratio of 28.26, a P/E/G ratio of 2.31 and a beta of 0.90.

Yum! Brands Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.92%. This is an increase from Yum! Brands’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, February 21st. Yum! Brands’s payout ratio is currently 54.41%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group raised their price target on shares of Yum! Brands from $140.00 to $155.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Morgan Stanley upped their price target on Yum! Brands from $146.00 to $150.00 and gave the company an “equal weight” rating in a research report on Thursday, March 13th. Wells Fargo & Company raised their price objective on Yum! Brands from $145.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 5th. Piper Sandler upped their target price on Yum! Brands from $140.00 to $150.00 and gave the company a “neutral” rating in a report on Thursday, April 3rd. Finally, Citigroup raised their price target on shares of Yum! Brands from $148.00 to $151.00 and gave the stock a “neutral” rating in a report on Tuesday, April 15th. Sixteen research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Yum! Brands has a consensus rating of “Hold” and an average price target of $152.62.

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.