Aspen Investment Management Inc Lowers stake in Yum! Brands (YUM)

Yum! Brands (YUM) : Aspen Investment Management Inc reduced its stake in Yum! Brands by 1.98% during the most recent quarter end. The investment management company now holds a total of 9,907 shares of Yum! Brands which is valued at $891,432 after selling 200 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Yum! Brands makes up approximately 0.70% of Aspen Investment Management Inc’s portfolio.

Other Hedge Funds, Including , Sii Investments Incwi reduced its stake in YUM by selling 248 shares or 5.7% in the most recent quarter. The Hedge Fund company now holds 4,103 shares of YUM which is valued at $365,536. Yum! Brands makes up approx 0.03% of Sii Investments Incwi’s portfolio.Td Asset Management Inc boosted its stake in YUM in the latest quarter, The investment management firm added 292,767 additional shares and now holds a total of 787,125 shares of Yum! Brands which is valued at $69,849,473. Yum! Brands makes up approx 0.12% of Td Asset Management Inc’s portfolio. Sequoia Financial Advisors added YUM to its portfolio by purchasing 77,030 company shares during the most recent quarter which is valued at $6,888,023. Yum! Brands makes up approx 1.87% of Sequoia Financial Advisors’s portfolio.Hartford Investment Management Co boosted its stake in YUM in the latest quarter, The investment management firm added 2,163 additional shares and now holds a total of 102,707 shares of Yum! Brands which is valued at $9,253,901. Yum! Brands makes up approx 0.19% of Hartford Investment Management Co’s portfolio.Capital One National Association reduced its stake in YUM by selling 207 shares or 4.42% in the most recent quarter. The Hedge Fund company now holds 4,473 shares of YUM which is valued at $393,043. Yum! Brands makes up approx 0.03% of Capital One National Association’s portfolio.

Yum! Brands opened for trading at $89.65 and hit $90.05 on the upside on Wednesday, eventually ending the session at $89.88, with a gain of 0.09% or 0.08 points. The heightened volatility saw the trading volume jump to 17,73,910 shares. Company has a market cap of $35,043 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.

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