Yum! Brands (YUM) : Moisand Fitzgerald Tamayo has sold out all of its stake in Yum! Brands during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 7 shares of Yum! Brands which is valued at $619.
Other Hedge Funds, Including , Everett Harris Co Ca reduced its stake in YUM by selling 1,349 shares or 2.71% in the most recent quarter. The Hedge Fund company now holds 48,409 shares of YUM which is valued at $4,277,903. Yum! Brands makes up approx 0.15% of Everett Harris Co Ca’s portfolio.World Asset Management Inc boosted its stake in YUM in the latest quarter, The investment management firm added 334 additional shares and now holds a total of 40,917 shares of Yum! Brands which is valued at $3,615,835. Yum! Brands makes up approx 0.13% of World Asset Management Inc’s portfolio. Smith Asset Management Group Lp added YUM to its portfolio by purchasing 202,780 company shares during the most recent quarter which is valued at $18,193,422. Yum! Brands makes up approx 0.53% of Smith Asset Management Group Lp’s portfolio. Lenox Wealth Advisors sold out all of its stake in YUM during the most recent quarter. The investment firm sold 17 shares of YUM which is valued $1,458.Raymond James Trust N.a. reduced its stake in YUM by selling 46 shares or 0.37% in the most recent quarter. The Hedge Fund company now holds 12,297 shares of YUM which is valued at $1,054,591. Yum! Brands makes up approx 0.09% of Raymond James Trust N.a.’s portfolio.
Yum! Brands opened for trading at $88.98 and hit $89.18 on the upside on Monday, eventually ending the session at $89.09, with a gain of 0.39% or 0.35 points. The heightened volatility saw the trading volume jump to 30,97,271 shares. Company has a market cap of $34,735 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.
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.