Mitra Capital adds Yum! Brands (YUM) to its portfolio

Yum! Brands (YUM) : Mitra Capital added new position in Yum! Brands during the most recent quarter end. The investment management firm now holds 83,601 shares of Yum! Brands which is valued at $7,520,746 , the company said in a statement filed on Aug 12, 2016 with the SEC.Yum! Brands makes up approximately 11.79% of Mitra Capital’s portfolio.

Other Hedge Funds, Including , Calamos Advisors boosted its stake in YUM in the latest quarter, The investment management firm added 8 additional shares and now holds a total of 92,922 shares of Yum! Brands which is valued at $8,336,962. Yum! Brands makes up approx 0.08% of Calamos 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.

Yum! Brands opened for trading at $89.9 and hit $90.93 on the upside on Monday, eventually ending the session at $90.76, with a gain of 1.37% or 1.23 points. The heightened volatility saw the trading volume jump to 17,99,840 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.

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