Bislett Management Has Cut Yum Brands (YUM) Holding; Pinnacle Foods (PF) SI Decreased By 2.44%

May 21, 2018 - By Hazel Jackson

Pinnacle Foods Inc. (NYSE:PF) Logo

Pinnacle Foods Inc (NYSE:PF) had a decrease of 2.44% in short interest. PF’s SI was 4.17 million shares in May as released by FINRA. Its down 2.44% from 4.27M shares previously. With 1.73M avg volume, 2 days are for Pinnacle Foods Inc (NYSE:PF)’s short sellers to cover PF’s short positions. The SI to Pinnacle Foods Inc’s float is 3.53%. The stock decreased 0.34% or $0.22 during the last trading session, reaching $62.99. About 698,970 shares traded. Pinnacle Foods Inc. (NYSE:PF) has declined 6.35% since May 21, 2017 and is downtrending. It has underperformed by 17.90% the S&P500.

Bislett Management Llc decreased Yum Brands Inc (YUM) stake by 5.26% reported in 2017Q4 SEC filing. Bislett Management Llc sold 5,000 shares as Yum Brands Inc (YUM)’s stock rose 1.80%. The Bislett Management Llc holds 90,000 shares with $7.35 million value, down from 95,000 last quarter. Yum Brands Inc now has $26.81B valuation. The stock increased 0.72% or $0.6 during the last trading session, reaching $82.93. About 858,593 shares traded. YUM! Brands, Inc. (NYSE:YUM) has risen 32.07% since May 21, 2017 and is uptrending. It has outperformed by 20.52% the S&P500.

Investors sentiment increased to 1.08 in 2017 Q4. Its up 0.26, from 0.82 in 2017Q3. It improved, as 41 investors sold Pinnacle Foods Inc. shares while 95 reduced holdings. 57 funds opened positions while 90 raised stakes. 109.66 million shares or 0.76% less from 110.51 million shares in 2017Q3 were reported. 13,200 were accumulated by Ntv Asset Mgmt Limited Company. Moreover, Td Asset Management has 0% invested in Pinnacle Foods Inc. (NYSE:PF) for 37,600 shares. Quantbot Technologies Lp owns 16,791 shares for 0.09% of their portfolio. Ci Invests Inc has invested 0.11% in Pinnacle Foods Inc. (NYSE:PF). Assetmark owns 1,840 shares or 0% of their US portfolio. Amalgamated Bancshares stated it has 0.04% of its portfolio in Pinnacle Foods Inc. (NYSE:PF). First Manhattan Com holds 4,515 shares or 0% of its portfolio. Parallax Volatility Advisers Limited Partnership holds 0% or 23,931 shares in its portfolio. Guggenheim Capital Limited Liability Corp has 85,805 shares. 11,590 are held by Argent Mgmt Limited Com. Pub Employees Retirement Of Ohio holds 0.02% or 68,294 shares. 21,900 are owned by Utah Retirement. Art Advsr Ltd Liability Co reported 0.32% stake. Rmb Mgmt Limited Liability Co reported 0.07% stake. Opus Inv Management Inc, a Massachusetts-based fund reported 15,000 shares.

More important recent Pinnacle Foods Inc. (NYSE:PF) news were published by: Seekingalpha.com which released: “Pinnacle-ConAgra merger speculation picks up again” on May 21, 2018, also Seekingalpha.com published article titled: “Pinnacle Foods beat estimates in Q1”, Streetinsider.com published: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” on May 15, 2018. More interesting news about Pinnacle Foods Inc. (NYSE:PF) was released by: Streetinsider.com and their article: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” with publication date: May 15, 2018.

Pinnacle Foods Inc. manufactures, markets, and distributes branded convenience food products in North America. The company has market cap of $7.51 billion. It operates through four divisions: Frozen, Grocery, Boulder, and Specialty. It has a 14.16 P/E ratio. The Frozen segment offers frozen vegetables, frozen complete bagged meals, frozen prepared seafood, frozen and refrigerated bagels, frozen pizza, and full-calorie single-serve frozen dinners and entrées under the Birds Eye, Birds Eye Voila!, Van de Kamp's, Mrs.

Since March 7, 2018, it had 1 buy, and 3 selling transactions for $115,059 activity. $344,379 worth of Pinnacle Foods Inc. (NYSE:PF) was sold by Schiller Mark L. on Monday, May 7. Pant Muktesh had bought 20,000 shares worth $1.14 million on Wednesday, March 7. Shares for $571,639 were sold by BARKLEY MICHAEL J..

Among 17 analysts covering Pinnacle Foods Inc (NYSE:PF), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Pinnacle Foods Inc had 47 analyst reports since October 19, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Outperform” rating and $64 target in Wednesday, October 4 report. The rating was maintained by Buckingham Research with “Buy” on Friday, March 2. DA Davidson initiated it with “Neutral” rating and $47 target in Friday, December 11 report. BMO Capital Markets maintained Pinnacle Foods Inc. (NYSE:PF) rating on Friday, July 28. BMO Capital Markets has “Buy” rating and $6300 target. Credit Suisse maintained Pinnacle Foods Inc. (NYSE:PF) rating on Friday, October 27. Credit Suisse has “Outperform” rating and $60 target. The stock of Pinnacle Foods Inc. (NYSE:PF) has “Buy” rating given on Tuesday, March 13 by Piper Jaffray. The rating was maintained by DA Davidson with “Neutral” on Friday, July 29. The stock of Pinnacle Foods Inc. (NYSE:PF) earned “Neutral” rating by Buckingham Research on Monday, April 30. The firm has “Buy” rating by Stifel Nicolaus given on Monday, September 18. The firm has “Overweight” rating given on Friday, May 4 by Morgan Stanley.

Investors sentiment decreased to 0.98 in 2017 Q4. Its down 0.01, from 0.99 in 2017Q3. It is negative, as 48 investors sold YUM shares while 251 reduced holdings. 88 funds opened positions while 205 raised stakes. 235.88 million shares or 1.51% less from 239.50 million shares in 2017Q3 were reported. 426,558 were accumulated by Credit Suisse Ag. Paragon Cap Mngmt holds 0.12% in YUM! Brands, Inc. (NYSE:YUM) or 3,841 shares. Synovus Financial Corp has 15,591 shares. Cap One Natl Association, New York-based fund reported 5,494 shares. Private Trust Co Na reported 15,808 shares or 0.27% of all its holdings. Prudential reported 0.17% in YUM! Brands, Inc. (NYSE:YUM). Cornerstone Inc has 3,500 shares for 0.03% of their portfolio. Matthews Interest Mngmt Ltd Liability Com holds 2.45% or 634,910 shares in its portfolio. Ubs Asset Americas holds 0.09% or 1.36M shares. Bokf Na holds 0.07% in YUM! Brands, Inc. (NYSE:YUM) or 30,673 shares. Jacobs Levy Equity Mngmt reported 299,735 shares or 0.43% of all its holdings. Kentucky Retirement holds 0.12% of its portfolio in YUM! Brands, Inc. (NYSE:YUM) for 20,781 shares. Aperio Ltd Liability Corp reported 0.1% in YUM! Brands, Inc. (NYSE:YUM). 720 are held by Arrow Fincl Corp. Sg Americas Ltd Co, a New York-based fund reported 143,516 shares.

Since January 22, 2018, it had 0 insider purchases, and 1 sale for $194,761 activity. Niccol Brian R sold $194,761 worth of stock.

Among 29 analysts covering YUM! Brands (NYSE:YUM), 12 have Buy rating, 1 Sell and 16 Hold. Therefore 41% are positive. YUM! Brands had 109 analyst reports since July 1, 2015 according to SRatingsIntel. Deutsche Bank maintained YUM! Brands, Inc. (NYSE:YUM) rating on Monday, July 11. Deutsche Bank has “Hold” rating and $83 target. Stifel Nicolaus maintained the shares of YUM in report on Wednesday, April 18 with “Buy” rating. The company was maintained on Thursday, September 14 by Oppenheimer. As per Friday, March 10, the company rating was upgraded by Evercore. The firm has “Buy” rating given on Tuesday, June 20 by Oppenheimer. Deutsche Bank maintained it with “Hold” rating and $86 target in Friday, September 30 report. The firm has “Overweight” rating given on Thursday, July 14 by JP Morgan. The firm has “Buy” rating by Nomura given on Thursday, July 14. Barclays Capital maintained the stock with “Hold” rating in Tuesday, January 16 report. The firm earned “Hold” rating on Tuesday, April 5 by Evercore.

More news for YUM! Brands, Inc. (NYSE:YUM) were recently published by: Investorplace.com, which released: “Should Investors Buy the Post-Earnings Dip in Yum! Brands, Inc. Stock?” on May 07, 2018. Globenewswire.com‘s article titled: “Report: Exploring Fundamental Drivers Behind Alcoa, FedEx, 22nd Century Group, Aspen Technology, Yum! Brands …” and published on May 07, 2018 is yet another important article.

Analysts await YUM! Brands, Inc. (NYSE:YUM) to report earnings on August, 2. They expect $0.73 earnings per share, up 7.35% or $0.05 from last year’s $0.68 per share. YUM’s profit will be $235.96M for 28.40 P/E if the $0.73 EPS becomes a reality. After $0.90 actual earnings per share reported by YUM! Brands, Inc. for the previous quarter, Wall Street now forecasts -18.89% negative EPS growth.

Pinnacle Foods Inc. (NYSE:PF) Institutional Positions Chart

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