Cypress Asset Management Inctx Lowers stake in Yum! Brands (YUM)

Yum! Brands (YUM) : Cypress Asset Management Inctx reduced its stake in Yum! Brands by 4.88% during the most recent quarter end. The investment management company now holds a total of 64,236 shares of Yum! Brands which is valued at $5,644,417 after selling 3,297 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Jul 19, 2016.Yum! Brands makes up approximately 1.10% of Cypress Asset Management Inctx’s portfolio.

Other Hedge Funds, Including , Charter Trust Co boosted its stake in YUM in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 4,431 shares of Yum! Brands which is valued at $389,352. Yum! Brands makes up approx 0.04% of Charter Trust Co’s portfolio.Investment Partners Ltd Oh Adv reduced its stake in YUM by selling 897 shares or 23.35% in the most recent quarter. The Hedge Fund company now holds 2,944 shares of YUM which is valued at $252,419. Yum! Brands makes up approx 0.25% of Investment Partners Ltd Oh Adv’s portfolio.Jacobs Coca boosted its stake in YUM in the latest quarter, The investment management firm added 2,045 additional shares and now holds a total of 35,130 shares of Yum! Brands which is valued at $3,012,046. Yum! Brands makes up approx 0.69% of Jacobs Coca’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in YUM in the latest quarter, The investment management firm added 5,955 additional shares and now holds a total of 105,466 shares of Yum! Brands which is valued at $9,044,764. Yum! Brands makes up approx 0.19% of Exxonmobil Investment Management Inc Tx’s portfolio.Howland Capital Management boosted its stake in YUM in the latest quarter, The investment management firm added 4,705 additional shares and now holds a total of 120,805 shares of Yum! Brands which is valued at $10,360,237. Yum! Brands makes up approx 0.97% of Howland Capital Management’s portfolio.

Yum! Brands opened for trading at $88 and hit $88.35 on the upside on Wednesday, eventually ending the session at $87.87, with a gain of 0.35% or 0.31 points. The heightened volatility saw the trading volume jump to 14,62,125 shares. Company has a market cap of $35,802 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.

Many Wall Street Analysts have commented on Yum! Brands. Company shares were Reiterated by RBC Capital Mkts on Apr 22, 2016 to “Outperform”, Firm has raised the Price Target to $ 94 from a previous price target of $90 .Company shares were Reiterated by UBS on Apr 22, 2016 to “Buy”, Firm has raised the Price Target to $ 97 from a previous price target of $95 .

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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