Coldstream Capital Management Inc. Purchases 2,723 Shares of Yum! Brands, Inc. (NYSE:YUM)

Coldstream Capital Management Inc. grew its position in Yum! Brands, Inc. (NYSE:YUM) by 7.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,713 shares of the restaurant operator’s stock after purchasing an additional 2,723 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Yum! Brands were worth $5,547,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of YUM. Los Angeles Capital Management LLC increased its holdings in Yum! Brands by 5,077.1% in the third quarter. Los Angeles Capital Management LLC now owns 182,130 shares of the restaurant operator’s stock worth $25,445,000 after purchasing an additional 178,612 shares in the last quarter. International Assets Investment Management LLC raised its stake in Yum! Brands by 14,151.9% during the 3rd quarter. International Assets Investment Management LLC now owns 148,220 shares of the restaurant operator’s stock worth $20,708,000 after buying an additional 147,180 shares during the period. Geode Capital Management LLC boosted its holdings in Yum! Brands by 1.5% in the third quarter. Geode Capital Management LLC now owns 7,441,170 shares of the restaurant operator’s stock worth $1,038,775,000 after acquiring an additional 111,147 shares in the last quarter. Legal & General Group Plc grew its stake in Yum! Brands by 3.4% in the second quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock valued at $419,123,000 after acquiring an additional 104,328 shares during the period. Finally, Canada Pension Plan Investment Board increased its holdings in shares of Yum! Brands by 140.1% during the second quarter. Canada Pension Plan Investment Board now owns 126,550 shares of the restaurant operator’s stock valued at $16,763,000 after acquiring an additional 73,844 shares in the last quarter. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,059 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $135.94, for a total transaction of $959,600.46. Following the completion of the transaction, the chief executive officer now owns 149,385 shares in the company, valued at $20,307,396.90. This trade represents a 4.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last 90 days, insiders sold 21,069 shares of company stock worth $2,842,965. 0.31% of the stock is owned by company insiders.

Yum! Brands Stock Performance

Shares of NYSE:YUM opened at $139.08 on Tuesday. The company has a market capitalization of $38.81 billion, a P/E ratio of 26.00, a price-to-earnings-growth ratio of 2.38 and a beta of 1.10. The company’s 50-day moving average is $135.45 and its 200 day moving average is $134.45. Yum! Brands, Inc. has a fifty-two week low of $124.41 and a fifty-two week high of $143.20.

Yum! Brands (NYSE:YUM) last released its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The firm’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.44 earnings per share. As a group, research analysts predict that Yum! Brands, Inc. will post 5.47 earnings per share for the current year.

Yum! Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Monday, December 2nd will be paid a $0.67 dividend. The ex-dividend date is Monday, December 2nd. This represents a $2.68 annualized dividend and a dividend yield of 1.93%. Yum! Brands’s payout ratio is presently 50.09%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Redburn Atlantic cut Yum! Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. JPMorgan Chase & Co. raised their price objective on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. TD Cowen reissued a “hold” rating and set a $145.00 target price on shares of Yum! Brands in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Finally, Loop Capital decreased their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Twelve equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Yum! Brands presently has an average rating of “Hold” and a consensus price target of $145.94.

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.