Spf Beheer Bv Lowers stake in Yum! Brands (YUM)

Yum! Brands (YUM) : Spf Beheer Bv reduced its stake in Yum! Brands by 5.37% during the most recent quarter end. The investment management company now holds a total of 683,759 shares of Yum! Brands which is valued at $61,524,635 after selling 38,787 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Yum! Brands makes up approximately 3.13% of Spf Beheer Bv’s portfolio.

Other Hedge Funds, Including , Hartford Financial Management added YUM to its portfolio by purchasing 2,140 company shares during the most recent quarter which is valued at $187,229. Yum! Brands makes up approx 0.11% of Hartford Financial Management’s portfolio.Bristol John W Co Inc Ny reduced its stake in YUM by selling 38,294 shares or 5.54% in the most recent quarter. The Hedge Fund company now holds 652,462 shares of YUM which is valued at $57,155,671. Yum! Brands makes up approx 1.55% of Bristol John W Co Inc Ny’s portfolio.

Yum! Brands closed down -0.02 points or -0.02% at $89.94 with 13,92,255 shares getting traded on Monday. Post opening the session at $89.93, the shares hit an intraday low of $89.85 and an intraday high of $90.53 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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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