Falcon Edge Capital Lp buys $62,612,160 stake in Yum! Brands (YUM)

Yum! Brands (YUM) : Falcon Edge Capital Lp scooped up 95,000 additional shares in Yum! Brands during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 696,000 shares of Yum! Brands which is valued at $62,612,160.Yum! Brands makes up approximately 3.90% of Falcon Edge Capital Lp’s portfolio.

Other Hedge Funds, Including , Nomura Asset Management Co Ltd boosted its stake in YUM in the latest quarter, The investment management firm added 2,010 additional shares and now holds a total of 180,906 shares of Yum! Brands which is valued at $16,274,304. Yum! Brands makes up approx 0.29% of Nomura Asset Management Co Ltd’s portfolio.Investment Centers Of America Inc reduced its stake in YUM by selling 2,097 shares or 14.67% in the most recent quarter. The Hedge Fund company now holds 12,197 shares of YUM which is valued at $1,086,631. Yum! Brands makes up approx 0.07% of Investment Centers Of America Inc’s portfolio. Insight Capital Research Management Inc added YUM to its portfolio by purchasing 32,651 company shares during the most recent quarter which is valued at $2,929,448. Yum! Brands makes up approx 0.97% of Insight Capital Research Management Inc’s portfolio.Jnba Financial Advisors boosted its stake in YUM in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 460 shares of Yum! Brands which is valued at $41,446. Yum! Brands makes up approx 0.01% of Jnba Financial Advisors’s portfolio.

Yum! Brands opened for trading at $90.58 and hit $91.03 on the upside on Thursday, eventually ending the session at $90.76, with a gain of 0.06% or 0.05 points. The heightened volatility saw the trading volume jump to 17,74,251 shares. Company has a market cap of $35,386 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.

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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