Herbalife LTD (HLF) Market Valuation Rose While Serengeti Asset Management LP Boosted Its Stake; Sequoia Financial Advisors Cut Its Yum Brands (YUM) Stake as Market Valuation Rose

January 13, 2018 - By Hazel Jackson

Sequoia Financial Advisors Llc decreased its stake in Yum Brands Inc (YUM) by 80.37% based on its latest 2017Q3 regulatory filing with the SEC. Sequoia Financial Advisors Llc sold 36,493 shares as the company’s stock rose 2.44% with the market. The institutional investor held 8,913 shares of the consumer services company at the end of 2017Q3, valued at $656,000, down from 45,406 at the end of the previous reported quarter. Sequoia Financial Advisors Llc who had been investing in Yum Brands Inc for a number of months, seems to be less bullish one the $28.18 billion market cap company. The stock increased 1.37% or $1.13 during the last trading session, reaching $83.62. About 1.38M shares traded. Yum! Brands, Inc. (NYSE:YUM) has risen 21.70% since January 13, 2017 and is uptrending. It has outperformed by 5.00% the S&P500.

Jody Lanasa increased its stake in Herbalife Ltd (HLF) by 33.33% based on its latest 2017Q3 regulatory filing with the SEC. Serengeti Asset Management Lp bought 100,000 shares as the company’s stock rose 17.28% with the market. The hedge fund run by Jody Lanasa held 400,000 shares of the other pharmaceuticals company at the end of 2017Q3, valued at $27.13 million, up from 300,000 at the end of the previous reported quarter. Serengeti Asset Management Lp who had been investing in Herbalife Ltd for a number of months, seems to be bullish on the $5.80B market cap company. The stock increased 1.25% or $0.87 during the last trading session, reaching $70.22. About 618,023 shares traded. Herbalife Ltd. (NYSE:HLF) has risen 20.65% since January 13, 2017 and is uptrending. It has outperformed by 3.95% the S&P500.

Among 26 analysts covering YUM! Brands (NYSE:YUM), 11 have Buy rating, 1 Sell and 14 Hold. Therefore 42% are positive. YUM! Brands had 90 analyst reports since July 1, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with “Outperform” rating in Wednesday, December 2 report. Nomura maintained the shares of YUM in report on Thursday, July 14 with “Buy” rating. The stock of Yum! Brands, Inc. (NYSE:YUM) earned “Buy” rating by Argus Research on Wednesday, August 23. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, June 22. The stock has “Equal Weight” rating by Barclays Capital on Wednesday, October 12. The stock has “Hold” rating by Mizuho on Wednesday, November 1. The firm has “Hold” rating given on Tuesday, April 5 by Evercore. As per Wednesday, October 7, the company rating was maintained by Stifel Nicolaus. RBC Capital Markets maintained Yum! Brands, Inc. (NYSE:YUM) rating on Thursday, August 3. RBC Capital Markets has “Buy” rating and $8300 target. The firm earned “Outperform” rating on Tuesday, December 1 by Cowen & Co.

Since August 9, 2017, it had 0 insider purchases, and 1 insider sale for $616,871 activity.

Sequoia Financial Advisors Llc, which manages about $1.18 billion and $844.33M US Long portfolio, upped its stake in Schwab Strategic Tr (SCHV) by 5,892 shares to 96,556 shares, valued at $5.00 million in 2017Q3, according to the filing. It also increased its holding in Exxon Mobil Corp (NYSE:XOM) by 9,035 shares in the quarter, for a total of 31,620 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

Investors sentiment increased to 0.99 in Q3 2017. Its up 0.22, from 0.77 in 2017Q2. It improved, as 50 investors sold YUM shares while 238 reduced holdings. 67 funds opened positions while 219 raised stakes. 239.50 million shares or 0.41% less from 240.48 million shares in 2017Q2 were reported. Granite Investment Ptnrs Limited Liability Co holds 3,200 shares. The Ohio-based Cleararc Capital has invested 0.1% in Yum! Brands, Inc. (NYSE:YUM). Gateway Inv Advisers Ltd Liability Com reported 22,625 shares stake. Envestnet Asset Mgmt has invested 0.01% in Yum! Brands, Inc. (NYSE:YUM). Buckhead Mngmt Limited Liability invested 0.05% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Blue Finance Cap Inc owns 0.26% invested in Yum! Brands, Inc. (NYSE:YUM) for 5,862 shares. Great Lakes Advsrs Lc stated it has 0.02% in Yum! Brands, Inc. (NYSE:YUM). Sol holds 0.34% of its portfolio in Yum! Brands, Inc. (NYSE:YUM) for 16,214 shares. First Tru Advsr Ltd Partnership holds 0.02% or 94,642 shares. Dixon Hubard Feinour And Brown Va holds 0.1% or 4,579 shares. Ameritas Invest Prns accumulated 9,804 shares or 0.04% of the stock. Capital Research Glob Invsts invested in 3.42 million shares or 0.08% of the stock. Franklin Resources Inc invested 0.05% in Yum! Brands, Inc. (NYSE:YUM). Moors And Cabot Inc holds 0.08% of its portfolio in Yum! Brands, Inc. (NYSE:YUM) for 7,799 shares. Hanson Mcclain reported 0% in Yum! Brands, Inc. (NYSE:YUM).

Analysts await Yum! Brands, Inc. (NYSE:YUM) to report earnings on February, 8. They expect $0.80 earnings per share, up 1.27% or $0.01 from last year’s $0.79 per share. YUM’s profit will be $269.59 million for 26.13 P/E if the $0.80 EPS becomes a reality. After $0.68 actual earnings per share reported by Yum! Brands, Inc. for the previous quarter, Wall Street now forecasts 17.65% EPS growth.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.10, from 0.79 in 2017Q2. It increased, as 37 investors sold HLF shares while 56 reduced holdings. 30 funds opened positions while 53 raised stakes. 95.88 million shares or 1.95% less from 97.79 million shares in 2017Q2 were reported. Cap World Invsts owns 275,000 shares. Sg Americas Securities Limited Liability Corporation reported 29,886 shares stake. Js Capital Mgmt Ltd Liability Corp invested 4.15% in Herbalife Ltd. (NYSE:HLF). 5.48M were accumulated by Vanguard Grp. Millennium Mngmt Lc reported 0.02% in Herbalife Ltd. (NYSE:HLF). Guggenheim Limited Liability Corporation stated it has 112,162 shares. Renaissance Tech Ltd Llc has 364,600 shares for 0.03% of their portfolio. Product Limited Liability Corporation holds 0.3% or 135,700 shares. Blair William And Com Il holds 4,597 shares. Panagora Asset invested 0% of its portfolio in Herbalife Ltd. (NYSE:HLF). Price T Rowe Associates Inc Md accumulated 28,570 shares. Salem Invest Counselors holds 0% or 225 shares in its portfolio. Capital Fund invested 0.01% in Herbalife Ltd. (NYSE:HLF). Moreover, Winfield Associate has 0% invested in Herbalife Ltd. (NYSE:HLF) for 10 shares. Bbva Compass Bancorporation stated it has 7,102 shares or 0.03% of all its holdings.

Serengeti Asset Management Lp, which manages about $2.16B and $583.76 million US Long portfolio, decreased its stake in Och Ziff Cap Mgmt Group (NYSE:OZM) by 300,000 shares to 1.00 million shares, valued at $3.22 million in 2017Q3, according to the filing. It also reduced its holding in Irsa Inversiones Y Rep S A (NYSE:IRS) by 175,000 shares in the quarter, leaving it with 925,000 shares, and cut its stake in Pampa Energia S A (NYSE:PAM).

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