Boyd Watterson Asset Managementoh Lowers stake in Yum! Brands (YUM)

Yum! Brands (YUM) : Boyd Watterson Asset Managementoh reduced its stake in Yum! Brands by 9.09% during the most recent quarter end. The investment management company now holds a total of 18,135 shares of Yum! Brands which is valued at $1,588,626 after selling 1,814 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Jul 15, 2016.Yum! Brands makes up approximately 0.77% of Boyd Watterson Asset Managementoh’s portfolio.

Other Hedge Funds, Including , Mitchell Mcleod Pugh Williams Inc boosted its stake in YUM in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 17,885 shares of Yum! Brands which is valued at $1,566,726. Yum! Brands makes up approx 1.16% of Mitchell Mcleod Pugh Williams Inc’s portfolio.First Manhattan Co boosted its stake in YUM in the latest quarter, The investment management firm added 5,308 additional shares and now holds a total of 683,195 shares of Yum! Brands which is valued at $59,847,882. Yum! Brands makes up approx 0.36% of First Manhattan Co’s portfolio.Bkd Wealth Advisors reduced its stake in YUM by selling 25 shares or 0.32% in the most recent quarter. The Hedge Fund company now holds 7,807 shares of YUM which is valued at $669,372. Yum! Brands makes up approx 0.10% of Bkd Wealth Advisors’s portfolio.Central Bank Trust Co reduced its stake in YUM by selling 291 shares or 9.07% in the most recent quarter. The Hedge Fund company now holds 2,918 shares of YUM which is valued at $250,189. Yum! Brands makes up approx 0.07% of Central Bank Trust Co’s portfolio.

Yum! Brands opened for trading at $87.7 and hit $87.96 on the upside on Monday, eventually ending the session at $87.6, with a gain of 0.13% or 0.11 points. The heightened volatility saw the trading volume jump to 35,34,089 shares. Company has a market cap of $35,692 M.

On the company’s financial health, Yum! Brands reported $0.75 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 13, 2016. Analyst had a consensus of $0.74. The company had revenue of $3008.00 million for the quarter, compared to analysts expectations of $3092.13 million. The company’s revenue was down -3.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.69 EPS.

Many Wall Street Analysts have commented on Yum! Brands. Company shares were Reiterated by RBC Capital Mkts on Apr 22, 2016 to “Outperform”, Firm has raised the Price Target to $ 94 from a previous price target of $90 .Company shares were Reiterated by UBS on Apr 22, 2016 to “Buy”, Firm has raised the Price Target to $ 97 from a previous price target of $95 .

YUM! Brands Inc. (YUM) is engaged in restaurant business. YUM develops operates franchises and licenses a system of both traditional and non-traditional Quick Service Restaurants (QSR) which prepare package and sell a menu of food items. YUM operates in five segments: YUM China which includes all operations in mainland China; YUM India which includes all operations in India Bangladesh Nepal and Sri Lanka; The KFC Division which includes all operations of the KFC concept outside of China Division and India Division; The Pizza Hut Division which includes all operations of the Pizza Hut concept outside of China Division and India Division; and the Taco Bell Division which includes all operations of the Taco Bell concept outside of India Division. Its three Concepts focus on the chicken pizza and Mexican-style food categories. The Company operates approximately 41000 restaurants in approximately 125 countries and territories.

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