Yum! Brands (YUM) : Trilogy Global Advisors Lp reduced its stake in Yum! Brands by 1.56% during the most recent quarter end. The investment management company now holds a total of 1,352,555 shares of Yum! Brands which is valued at $108,610,167 after selling 21,382 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on May 9, 2016.Yum! Brands makes up approximately 3.11% of Trilogy Global Advisors Lp’s portfolio.
Other Hedge Funds, Including , Cibc World Markets sold out all of its stake in YUM during the most recent quarter. The investment firm sold 2,863 shares of YUM which is valued $231,788. Quantbot Technologies Lp sold out all of its stake in YUM during the most recent quarter. The investment firm sold 12,647 shares of YUM which is valued $1,006,195.Loring Wolcott Coolidge Fiduciary Advisors Llpma reduced its stake in YUM by selling 100 shares or 2.28% in the most recent quarter. The Hedge Fund company now holds 4,283 shares of YUM which is valued at $340,755. Yum! Brands makes up approx 0.01% of Loring Wolcott Coolidge Fiduciary Advisors Llpma’s portfolio.Huntington National Bank boosted its stake in YUM in the latest quarter, The investment management firm added 1,999 additional shares and now holds a total of 18,763 shares of Yum! Brands which is valued at $1,492,784. Yum! Brands makes up approx 0.04% of Huntington National Bank’s portfolio.
Yum! Brands closed down -1.27 points or -1.56% at $80.3 with 19,65,373 shares getting traded on Friday. Post opening the session at $81.28, the shares hit an intraday low of $80.23 and an intraday high of $81.44 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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.