P.r. Herzig Lowers stake in Yum! Brands (YUM)

Yum! Brands (YUM) : P.r. Herzig reduced its stake in Yum! Brands by 0.51% during the most recent quarter end. The investment management company now holds a total of 19,507 shares of Yum! Brands which is valued at $1,583,773 after selling 100 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Apr 18, 2016.Yum! Brands makes up approximately 3.38% of P.r. Herzig’s portfolio.

Yum! Brands closed down -0.51 points or -0.62% at $81.19 with 31,60,338 shares getting traded on Friday. Post opening the session at $81.71, the shares hit an intraday low of $80.58 and an intraday high of $82.1525 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Cwm boosted its stake in YUM in the latest quarter, The investment management firm added 42,102 additional shares and now holds a total of 173,759 shares of Yum! Brands which is valued at $14,107,493. Yum! Brands makes up approx 1.22% of Cwm’s portfolio.Wagner Bowman Management Corp reduced its stake in YUM by selling 468 shares or 1.99% in the most recent quarter. The Hedge Fund company now holds 23,102 shares of YUM which is valued at $1,890,668. Yum! Brands makes up approx 0.74% of Wagner Bowman Management Corp’s portfolio.Jacobs Coca reduced its stake in YUM by selling 2,310 shares or 6.53% in the most recent quarter. The Hedge Fund company now holds 33,085 shares of YUM which is valued at $2,707,676. Yum! Brands makes up approx 0.64% of Jacobs Coca’s portfolio.Bkd Wealth Advisors reduced its stake in YUM by selling 309 shares or 3.8% in the most recent quarter. The Hedge Fund company now holds 7,832 shares of YUM which is valued at $640,971. Yum! Brands makes up approx 0.10% of Bkd Wealth Advisors’s portfolio. Private Asset Management Inc sold out all of its stake in YUM during the most recent quarter. The investment firm sold 3,575 shares of YUM which is valued $292,435.

On the company’s financial health, Yum! Brands reported $0.95 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Apr 20, 2016. Analyst had a consensus of $0.83. The company had revenue of $2619.00 million for the quarter, compared to analysts expectations of $2655.41 million. The company’s revenue was down -.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.80 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 was Downgraded by Credit Agricole to ” Underperform” on Apr 13, 2016.

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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