Yum! Brands (YUM) : Tairen Capital Ltd added new position in Yum! Brands during the most recent quarter end. The investment management firm now holds 207,139 shares of Yum! Brands which is valued at $18,584,511 , the company said in a statement filed on Jul 26, 2016 with the SEC.Yum! Brands makes up approximately 5.77% of Tairen Capital Ltd’s portfolio.
Other Hedge Funds, Including , K.j. Harrison Partners Inc reduced its stake in YUM by selling 3,650 shares or 17.94% in the most recent quarter. The Hedge Fund company now holds 16,700 shares of YUM which is valued at $1,498,324. Yum! Brands makes up approx 0.78% of K.j. Harrison Partners Inc’s portfolio.Dynamic Advisors Solutions reduced its stake in YUM by selling 575 shares or 3.39% in the most recent quarter. The Hedge Fund company now holds 16,403 shares of YUM which is valued at $1,477,910. Yum! Brands makes up approx 0.59% of Dynamic Advisors Solutions’s portfolio.Ls Investment Advisors boosted its stake in YUM in the latest quarter, The investment management firm added 75 additional shares and now holds a total of 12,367 shares of Yum! Brands which is valued at $1,114,267. Yum! Brands makes up approx 0.07% of Ls Investment Advisors’s portfolio.Gofen Glossberg Il boosted its stake in YUM in the latest quarter, The investment management firm added 1,537 additional shares and now holds a total of 76,714 shares of Yum! Brands which is valued at $6,577,458. Yum! Brands makes up approx 0.27% of Gofen Glossberg Il’s portfolio.
Yum! Brands closed down -0.84 points or -0.93% at $89.42 with 21,02,793 shares getting traded on Friday. Post opening the session at $90.09, the shares hit an intraday low of $89.3 and an intraday high of $90.36 and the price fluctuated in this range throughout the day.Shares ended Friday 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.