Yum! Brands (YUM) : Freshford Capital Management reduced its stake in Yum! Brands by 14.23% during the most recent quarter end. The investment management company now holds a total of 185,587 shares of Yum! Brands which is valued at $16,695,407 after selling 30,781 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Yum! Brands makes up approximately 4.75% of Freshford Capital Management’s portfolio.
Other Hedge Funds, Including , Capital Guardian Trust Co boosted its stake in YUM in the latest quarter, The investment management firm added 264,133 additional shares and now holds a total of 1,307,721 shares of Yum! Brands which is valued at $117,642,581. Yum! Brands makes up approx 0.87% of Capital Guardian Trust Co’s portfolio.Garcia Hamilton Associates Lpde reduced its stake in YUM by selling 2,240 shares or 4.86% in the most recent quarter. The Hedge Fund company now holds 43,873 shares of YUM which is valued at $3,946,815. Yum! Brands makes up approx 2.27% of Garcia Hamilton Associates Lpde’s portfolio.Manning Napier Advisors reduced its stake in YUM by selling 256,553 shares or 7.31% in the most recent quarter. The Hedge Fund company now holds 3,250,721 shares of YUM which is valued at $288,468,982. Yum! Brands makes up approx 1.67% of Manning Napier Advisors’s portfolio.Cwm boosted its stake in YUM in the latest quarter, The investment management firm added 43,650 additional shares and now holds a total of 217,409 shares of Yum! Brands which is valued at $19,588,551. Yum! Brands makes up approx 1.37% of Cwm’s portfolio.
Yum! Brands opened for trading at $90.58 and hit $91.03 on the upside on Thursday, eventually ending the session at $90.76, with a gain of 0.06% or 0.05 points. The heightened volatility saw the trading volume jump to 17,74,251 shares. Company has a market cap of $35,386 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.