Yum! Brands (YUM) : Wcg Management reduced its stake in Yum! Brands by 5.97% during the most recent quarter end. The investment management company now holds a total of 33,100 shares of Yum! Brands which is valued at $2,925,047 after selling 2,100 shares in Yum! Brands , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Yum! Brands makes up approximately 3.42% of Wcg Management’s portfolio.
Other Hedge Funds, Including , Mondrian Investment Partners Ltd reduced its stake in YUM by selling 1,749,590 shares or 47.31% in the most recent quarter. The Hedge Fund company now holds 1,948,332 shares of YUM which is valued at $172,174,099. Yum! Brands makes up approx 4.08% of Mondrian Investment Partners Ltd’s portfolio.Sumitomo Mitsui Asset Management Company Ltd reduced its stake in YUM by selling 278 shares or 0.21% in the most recent quarter. The Hedge Fund company now holds 130,520 shares of YUM which is valued at $11,671,098. Yum! Brands makes up approx 0.34% of Sumitomo Mitsui Asset Management Company Ltd’s portfolio.Cwm boosted its stake in YUM in the latest quarter, The investment management firm added 43,650 additional shares and now holds a total of 217,409 shares of Yum! Brands which is valued at $19,588,551. Yum! Brands makes up approx 1.37% of Cwm’s portfolio.
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.