Yum! Brands (YUM) : Loomis Sayles Co L P scooped up 338,573 additional shares in Yum! Brands during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 5,811,681 shares of Yum! Brands which is valued at $522,818,823.Yum! Brands makes up approximately 1.35% of Loomis Sayles Co L P’s portfolio.
Other Hedge Funds, Including , Assetmark Inc reduced its stake in YUM by selling 66 shares or 4.34% in the most recent quarter. The Hedge Fund company now holds 1,454 shares of YUM which is valued at $130,831.Cutter Co Brokerage reduced its stake in YUM by selling 111 shares or 0.83% in the most recent quarter. The Hedge Fund company now holds 13,258 shares of YUM which is valued at $1,171,609. Yum! Brands makes up approx 0.50% of Cutter Co Brokerage’s portfolio.Warren Averett Asset Management reduced its stake in YUM by selling 100 shares or 3.66% in the most recent quarter. The Hedge Fund company now holds 2,634 shares of YUM which is valued at $225,839. Yum! Brands makes up approx 0.10% of Warren Averett Asset Management’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.