Yum! Brands (YUM) : St. Johns Investment Management Company reduced its stake in Yum! Brands by 1.46% during the most recent quarter end. The investment management company now holds a total of 9,942 shares of Yum! Brands which is valued at $886,628 after selling 147 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.Yum! Brands makes up approximately 0.76% of St. Johns Investment Management Company’s portfolio.
Other Hedge Funds, Including , Jolley Asset Management boosted its stake in YUM in the latest quarter, The investment management firm added 46 additional shares and now holds a total of 38,178 shares of Yum! Brands which is valued at $3,404,714. Yum! Brands makes up approx 2.80% of Jolley Asset Management’s portfolio.Legal General Group Plc reduced its stake in YUM by selling 56,323 shares or 3.16% in the most recent quarter. The Hedge Fund company now holds 1,727,276 shares of YUM which is valued at $152,432,107. Yum! Brands makes up approx 0.16% of Legal General Group Plc’s portfolio.Oregon Public Employees Retirement Fund reduced its stake in YUM by selling 26,164 shares or 37.72% in the most recent quarter. The Hedge Fund company now holds 43,207 shares of YUM which is valued at $3,775,860. Yum! Brands makes up approx 0.08% of Oregon Public Employees Retirement Fund’s portfolio.Hills Bank Trust Co reduced its stake in YUM by selling 165 shares or 4.36% in the most recent quarter. The Hedge Fund company now holds 3,620 shares of YUM which is valued at $316,352. Yum! Brands makes up approx 0.11% of Hills Bank Trust Co’s portfolio.Indiana Trust Investment Management Co reduced its stake in YUM by selling 875 shares or 22.1% in the most recent quarter. The Hedge Fund company now holds 3,085 shares of YUM which is valued at $273,393. Yum! Brands makes up approx 0.14% of Indiana Trust Investment Management Co’s portfolio.
Yum! Brands closed down -0.19 points or -0.21% at $89.18 with 47,94,154 shares getting traded on Friday. Post opening the session at $89.84, the shares hit an intraday low of $89.18 and an intraday high of $90.05 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 $1.09 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Oct 5, 2016. Analyst had a consensus of $1.10. The company had revenue of $3316.00 million for the quarter, compared to analysts expectations of $3487.70 million. The company’s revenue was down -3.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.00 EPS.
Many Wall Street Analysts have commented on Yum! Brands. RBC Capital Mkts Downgraded Yum! Brands on Sep 23, 2016 to ” Outperform”, Price Target of the shares are set at $97.
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.