Yum! Brands (YUM) : Heritage Investors Management Corp reduced its stake in Yum! Brands by 1.54% during the most recent quarter end. The investment management company now holds a total of 205,809 shares of Yum! Brands which is valued at $18,028,868 after selling 3,217 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Jul 15, 2016.Yum! Brands makes up approximately 1.31% of Heritage Investors Management Corp’s portfolio.
Other Hedge Funds, Including , Burns J W Co Incny reduced its stake in YUM by selling 1,092 shares or 3.39% in the most recent quarter. The Hedge Fund company now holds 31,130 shares of YUM which is valued at $2,726,988. Yum! Brands makes up approx 0.81% of Burns J W Co Incny’s portfolio. Davis R M Inc added YUM to its portfolio by purchasing 5,108 company shares during the most recent quarter which is valued at $447,461. Yum! Brands makes up approx 0.02% of Davis R M Inc’s portfolio. Private Bank Trust Co added YUM to its portfolio by purchasing 3,470 company shares during the most recent quarter which is valued at $303,972. Yum! Brands makes up approx 0.05% of Private Bank Trust Co’s portfolio.Chevy Chase Trust Holdings boosted its stake in YUM in the latest quarter, The investment management firm added 5,795 additional shares and now holds a total of 357,480 shares of Yum! Brands which is valued at $30,657,485. Yum! Brands makes up approx 0.17% of Chevy Chase Trust Holdings’s portfolio.
Yum! Brands opened for trading at $87.7 and hit $87.96 on the upside on Monday, eventually ending the session at $87.6, with a gain of 0.13% or 0.11 points. The heightened volatility saw the trading volume jump to 35,34,089 shares. Company has a market cap of $35,692 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.
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 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.