Yum! Brands (YUM) : Exxonmobil Investment Management Inc Tx reduced its stake in Yum! Brands by 10.33% during the most recent quarter end. The investment management company now holds a total of 94,574 shares of Yum! Brands which is valued at $8,296,031 after selling 10,892 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Yum! Brands makes up approximately 0.17% of Exxonmobil Investment Management Inc Tx’s portfolio.
Other Hedge Funds, Including , Central Bank Trust Co reduced its stake in YUM by selling 631 shares or 21.62% in the most recent quarter. The Hedge Fund company now holds 2,287 shares of YUM which is valued at $200,616. Yum! Brands makes up approx 0.06% of Central Bank Trust Co’s portfolio.Chevy Chase Trust Holdings reduced its stake in YUM by selling 39,501 shares or 11.05% in the most recent quarter. The Hedge Fund company now holds 317,979 shares of YUM which is valued at $28,179,299. Yum! Brands makes up approx 0.15% of Chevy Chase Trust Holdings’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in YUM by selling 46,137 shares or 27.14% in the most recent quarter. The Hedge Fund company now holds 123,850 shares of YUM which is valued at $10,975,587. Yum! Brands makes up approx 0.04% of Bnp Paribas Arbitrage Sa’s portfolio.Eqis Capital Management reduced its stake in YUM by selling 203 shares or 7.25% in the most recent quarter. The Hedge Fund company now holds 2,596 shares of YUM which is valued at $230,058. Yum! Brands makes up approx 0.01% of Eqis Capital Management’s portfolio. Lvm Capital Management Ltdmi added YUM to its portfolio by purchasing 2,550 company shares during the most recent quarter which is valued at $225,981. Yum! Brands makes up approx 0.07% of Lvm Capital Management Ltdmi’s portfolio.
Yum! Brands opened for trading at $87.71 and hit $87.985 on the upside on Friday, eventually ending the session at $87.72, with a gain of 0.32% or 0.28 points. The heightened volatility saw the trading volume jump to 62,54,439 shares. Company has a market cap of $34,201 M.
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.
Investors should note that on Sep 26, 2016, Yum! Brands announced a cash dividend of $0.5100. The company’s management has announced Oct 17, 2016 as the ex-dividend date and fixed the record date on Oct 19, 2016. The payable date has been fixed on Nov 4, 2016.
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.