Yum! Brands (YUM) : Webster Bank N. A. added new position in Yum! Brands during the most recent quarter end. The investment management firm now holds 3,415 shares of Yum! Brands which is valued at $304,550 , the company said in a statement filed on Oct 14, 2016 with the SEC.Yum! Brands makes up approximately 0.04% of Webster Bank N. A.’s portfolio.
Other Hedge Funds, Including , National Pension Service boosted its stake in YUM in the latest quarter, The investment management firm added 23,913 additional shares and now holds a total of 310,459 shares of Yum! Brands which is valued at $27,686,734. Yum! Brands makes up approx 0.23% of National Pension Service’s portfolio.Raymond James Trust N.a. boosted its stake in YUM in the latest quarter, The investment management firm added 437 additional shares and now holds a total of 12,734 shares of Yum! Brands which is valued at $1,112,824. Yum! Brands makes up approx 0.10% of Raymond James Trust N.a.’s portfolio.Advisory Services Network reduced its stake in YUM by selling 53 shares or 4.1% in the most recent quarter. The Hedge Fund company now holds 1,239 shares of YUM which is valued at $108,685. Yum! Brands makes up approx 0.02% of Advisory Services Network’s portfolio.Burns J W Co Incny reduced its stake in YUM by selling 585 shares or 1.88% in the most recent quarter. The Hedge Fund company now holds 30,545 shares of YUM which is valued at $2,706,898. Yum! Brands makes up approx 0.84% of Burns J W Co Incny’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.