Ngam Advisors buys $29,139,035 stake in Yum! Brands (YUM)

Yum! Brands (YUM) : Ngam Advisors scooped up 26,384 additional shares in Yum! Brands during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 329,739 shares of Yum! Brands which is valued at $29,139,035.Yum! Brands makes up approximately 0.39% of Ngam Advisors’s portfolio.

Other Hedge Funds, Including , Evercore Wealth Management reduced its stake in YUM by selling 3,093 shares or 44.34% in the most recent quarter. The Hedge Fund company now holds 3,882 shares of YUM which is valued at $343,052. Yum! Brands makes up approx 0.01% of Evercore Wealth Management’s portfolio. Rs Investment Management Co added YUM to its portfolio by purchasing 38,200 company shares during the most recent quarter which is valued at $3,427,304. Yum! Brands makes up approx 0.03% of Rs Investment Management Co’s portfolio. Handelsbanken Fonder Ab added YUM to its portfolio by purchasing 2,419 company shares during the most recent quarter which is valued at $211,904. Yum! Brands makes up approx 0.01% of Handelsbanken Fonder Ab’s portfolio. Hefty Wealth Partners sold out all of its stake in YUM during the most recent quarter. The investment firm sold 410 shares of YUM which is valued $35,153.

Yum! Brands opened for trading at $88.27 and hit $88.849 on the upside on Thursday, eventually ending the session at $88.42, with a gain of 0.06% or 0.05 points. The heightened volatility saw the trading volume jump to 17,94,276 shares. Company has a market cap of $34,474 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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