Searle Lowers stake in Yum! Brands (YUM)

Yum! Brands (YUM) : Searle reduced its stake in Yum! Brands by 0.29% during the most recent quarter end. The investment management company now holds a total of 34,566 shares of Yum! Brands which is valued at $2,828,881 after selling 100 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Apr 12, 2016.Yum! Brands makes up approximately 2.59% of Searle’s portfolio.

Yum! Brands closed down -0.56 points or -0.68% at $81.84 with 24,12,852 shares getting traded on Friday. Post opening the session at $82.26, the shares hit an intraday low of $81.44 and an intraday high of $82.37 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , 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.Burns J W Co Incny reduced its stake in YUM by selling 1,288 shares or 3.84% in the most recent quarter. The Hedge Fund company now holds 32,222 shares of YUM which is valued at $2,635,760. Yum! Brands makes up approx 0.84% of Burns J W Co Incny’s portfolio.Proficio Capital Partners reduced its stake in YUM by selling 57 shares or 17.81% in the most recent quarter. The Hedge Fund company now holds 263 shares of YUM which is valued at $21,513. Yum! Brands makes up approx 0.02% of Proficio Capital Partners’s portfolio.Rathbone Brothers Plc reduced its stake in YUM by selling 370 shares or 7.81% in the most recent quarter. The Hedge Fund company now holds 4,365 shares of YUM which is valued at $357,057. Yum! Brands makes up approx 0.02% of Rathbone Brothers Plc’s portfolio.Chevy Chase Trust Holdings reduced its stake in YUM by selling 12,394 shares or 3.4% in the most recent quarter. The Hedge Fund company now holds 351,685 shares of YUM which is valued at $28,767,833. Yum! Brands makes up approx 0.17% of Chevy Chase Trust Holdings’s portfolio.

On the company’s financial health, Yum! Brands reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 3, 2016. Analyst had a consensus of $0.66. The company had revenue of $3951.00 million for the quarter, compared to analysts expectations of $4030.51 million. The company’s revenue was down -1.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.61 EPS.

Many Wall Street Analysts have commented on Yum! Brands. Yum! Brands was Downgraded by Credit Agricole to ” Underperform” on Apr 13, 2016. Company shares were Reiterated by Credit Suisse on Mar 28, 2016 to “Neutral”, Firm has raised the Price Target to $ 82 from a previous price target of $76 .Longbow Initiated Yum! Brands on Mar 18, 2016 to “Buy”, Price Target of the shares are set at $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.

Leave a Reply

Yum! Brands - Is it time to Sell?

Top Brokerage Firms are advising their investors on Yum! Brands. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.