Stillwater Investment Management Lowers stake in Yum! Brands (YUM)

Yum! Brands (YUM) : Stillwater Investment Management reduced its stake in Yum! Brands by 35.21% during the most recent quarter end. The investment management company now holds a total of 206,600 shares of Yum! Brands which is valued at $16.6 Million after selling 112,300 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on May 11, 2016.Yum! Brands makes up approximately 8.09% of Stillwater Investment Management’s portfolio.

Other Hedge Funds, Including , Caprock Group added YUM to its portfolio by purchasing 6,546 company shares during the most recent quarter which is valued at $525,644. Yum! Brands makes up approx 0.13% of Caprock Group’s portfolio.Retirement Systems Of Alabama reduced its stake in YUM by selling 23,139 shares or 4.48% in the most recent quarter. The Hedge Fund company now holds 493,790 shares of YUM which is valued at $39.3 Million. Yum! Brands makes up approx 0.23% of Retirement Systems Of Alabama’s portfolio.Nordea Investment Management Ab reduced its stake in YUM by selling 5,892 shares or 5.42% in the most recent quarter. The Hedge Fund company now holds 102,892 shares of YUM which is valued at $8.2 Million. Yum! Brands makes up approx 0.02% of Nordea Investment Management Ab’s portfolio.Great West Life Assurance Co Can boosted its stake in YUM in the latest quarter, The investment management firm added 1,770 additional shares and now holds a total of 364,858 shares of Yum! Brands which is valued at $29 Million. Yum! Brands makes up approx 0.10% of Great West Life Assurance Co Can’s portfolio.

Yum! Brands opened for trading at $80.21 and hit $81.54 on the upside on Monday, eventually ending the session at $81.25, with a gain of 1.18% or 0.95 points. The heightened volatility saw the trading volume jump to 17,06,430 shares. Company has a market cap of $33,105 M.

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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