Stewart West Indies Trading Company Has Decreased Position in Yum Brands (YUM) by $4.93 Million as Stock Price Rose; Essex Financial Services Has Lifted General Dynamicscorp (GD) Stake by $1.20 Million as Share Value Declined

August 12, 2018 - By Mary Kidd

YUM! Brands, Inc. (NYSE:YUM) Logo

Essex Financial Services Inc increased its stake in General Dynamicscorp (GD) by 19.32% based on its latest 2018Q1 regulatory filing with the SEC. Essex Financial Services Inc bought 5,463 shares as the company’s stock declined 8.23% with the market. The institutional investor held 33,745 shares of the marine transportation company at the end of 2018Q1, valued at $7.45M, up from 28,282 at the end of the previous reported quarter. Essex Financial Services Inc who had been investing in General Dynamicscorp for a number of months, seems to be bullish on the $66.18 billion market cap company. The stock decreased 1.74% or $3.94 during the last trading session, reaching $222.02. About 2.91 million shares traded or 77.41% up from the average. General Dynamics Corporation (NYSE:GD) has risen 3.50% since August 12, 2017 and is uptrending. It has underperformed by 9.07% the S&P500. Some Historical GD News: 20/03/2018 – GENERAL DYNAMICS CORP – TRANSACTION IS NOW VALUED AT $9.7 BLN, INCLUDING ASSUMPTION OF $2.8 BLN IN CSRA DEBT; 18/04/2018 – General Dynamics Selected to Support the U.S. Army Intelligence and Security Command; 08/03/2018 – At the top of the list are the female CEOs of Lockheed Martin and General Dynamics; 29/05/2018 – Gulfstream Interiors And Seats Earn Design Awards; 23/05/2018 – General Dynamics Chairman and CEO Novakovic to Speak at Bernstein’s 34th Annual Strategic Decisions Conference; 25/04/2018 – General Dynamics 1Q-End Total Potential Contract Value $87.6B; 18/03/2018 – GENERAL DYNAMICS CORP- CONTINUES TO BELIEVE COMBINATION CREATES A PREMIER PROVIDER OF HIGH-TECH IT SOLUTIONS TO GOVERNMENT TECHNOLOGY SERVICES MARKET; 03/04/2018 – Frank Konkel: #Breaking: The Bidding War is Over: General Dynamics Completes CSRA Buy & Creates Government’s Largest Tech; 07/03/2018 – GENERAL DYNAMICS BOARD BOOSTS DIV; 20/03/2018 – GD TO USE LOAN TO FOR GEN. CORP PURPOSES INCL. DEAL FINANCING

Stewart West Indies Trading Company decreased its stake in Yum Brands Inc (YUM) by 6.34% based on its latest 2018Q1 regulatory filing with the SEC. Stewart West Indies Trading Company sold 58,000 shares as the company’s stock rose 2.43% while stock markets declined. The institutional investor held 857,000 shares of the consumer services company at the end of 2018Q1, valued at $72.96 million, down from 915,000 at the end of the previous reported quarter. Stewart West Indies Trading Company who had been investing in Yum Brands Inc for a number of months, seems to be less bullish one the $26.46B market cap company. The stock increased 0.25% or $0.21 during the last trading session, reaching $82.94. About 1.92M shares traded. YUM! Brands, Inc. (NYSE:YUM) has risen 14.42% since August 12, 2017 and is uptrending. It has outperformed by 1.85% the S&P500. Some Historical YUM News: 20/03/2018 – Brandt had worked with Niccol at Yum Brands; 20/03/2018 – LAUNCH: YUM! BRANDS $1.975B TLB FOR REFINANCE; CALL MARCH 21; 22/03/2018 – Taco Bell Tortilla Chips Spice Up Stores Nationwide; 02/05/2018 – YUM CALL ENDS; 09/05/2018 – Libstar makes market debut on Johannesburg bourse; 16/05/2018 – TELEPIZZA GROUP SA TPZ; 16/05/2018 – PIZZA HUT – DEAL DOUBLES PIZZA HUT’S FOOTPRINT IN THE REGIONS COVERED BY THE ALLIANCE; 28/03/2018 – TIMING: Yum! Brands $1.975b 7Y TLB Accelerated to 5pm ET Today; 01/05/2018 – Grubhub: 5 Interesting Details About the Yum Brands Deal — Barrons.com; 16/05/2018 – TELEPIZZA GROUP SA TPZ.MC – GRADUAL CONVERSION OF TELEPIZZA STORES TO PIZZA HUT WITH FULL FLEXIBILITY IN SPAIN, PORTUGAL

Essex Financial Services Inc, which manages about $2.52B and $509.95M US Long portfolio, decreased its stake in Boeing Co (NYSE:BA) by 4,885 shares to 27,613 shares, valued at $9.05M in 2018Q1, according to the filing. It also reduced its holding in Thermo Fisherscientific Inc (NYSE:TMO) by 2,818 shares in the quarter, leaving it with 13,496 shares, and cut its stake in Amgen Inc (NASDAQ:AMGN).

Since February 14, 2018, it had 0 insider purchases, and 8 insider sales for $8.28 million activity. 3,522 General Dynamics Corporation (NYSE:GD) shares with value of $754,828 were sold by Johnson S. Daniel. Roualet Mark C. sold 3,585 shares worth $814,050. KEANE JOHN M sold $389,574 worth of stock or 1,800 shares. CASEY JOHN PATRICK sold 9,304 shares worth $2.00 million. The insider LYLES LESTER L sold $1.15 million.

More notable recent General Dynamics Corporation (NYSE:GD) news were published by: Seekingalpha.com which released: “General Dynamics: The Trough Is Overflowing” on July 19, 2018, also Benzinga.com with their article: “General Dynamics Q2 Earnings Outlook” published on July 24, 2018, Seekingalpha.com published: “General Dynamics: Naval And Military IT Dominance” on August 07, 2018. More interesting news about General Dynamics Corporation (NYSE:GD) were released by: Bizjournals.com and their article: “General Dynamics appoints new head of information technology and mission systems business” published on August 08, 2018 as well as Fool.com‘s news article titled: “Better Buy: General Dynamics Corporation vs. Northrop Grumman” with publication date: July 16, 2018.

Among 22 analysts covering General Dynamics Corporation (NYSE:GD), 14 have Buy rating, 2 Sell and 6 Hold. Therefore 64% are positive. General Dynamics Corporation had 81 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co on Monday, July 17 with “Buy”. Drexel Hamilton downgraded the shares of GD in report on Friday, July 31 to “Hold” rating. The stock of General Dynamics Corporation (NYSE:GD) has “Outperform” rating given on Thursday, January 28 by RBC Capital Markets. Credit Suisse maintained General Dynamics Corporation (NYSE:GD) rating on Thursday, July 26. Credit Suisse has “Outperform” rating and $229 target. On Wednesday, March 1 the stock rating was downgraded by Citigroup to “Neutral”. The firm earned “Buy” rating on Sunday, October 8 by RBC Capital Markets. The stock of General Dynamics Corporation (NYSE:GD) earned “Buy” rating by RBC Capital Markets on Wednesday, November 15. Wells Fargo maintained the stock with “Outperform” rating in Thursday, January 25 report. RBC Capital Markets maintained the shares of GD in report on Monday, January 30 with “Outperform” rating. The stock has “Outperform” rating by RBC Capital Markets on Thursday, October 29.

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.19, from 1.07 in 2017Q4. It worsened, as 52 investors sold GD shares while 361 reduced holdings. 100 funds opened positions while 263 raised stakes. 230.81 million shares or 0.50% more from 229.66 million shares in 2017Q4 were reported. 9,685 are held by Buffington Mohr Mcneal. Hsbc Holding Public Ltd Llc invested in 704,042 shares. Peapack Gladstone has invested 0% of its portfolio in General Dynamics Corporation (NYSE:GD). Exane Derivatives holds 1,769 shares. Bw Gestao De Investimentos Ltda owns 11,368 shares. Washington Trust Savings Bank invested 0.08% of its portfolio in General Dynamics Corporation (NYSE:GD). Quantbot Tech Limited Partnership has invested 0.18% of its portfolio in General Dynamics Corporation (NYSE:GD). Highvista Strategies Ltd Co has 0.17% invested in General Dynamics Corporation (NYSE:GD) for 1,777 shares. Rathbone Brothers Public Ltd Com has 2,241 shares for 0.02% of their portfolio. Trustmark Natl Bank Department has 0.03% invested in General Dynamics Corporation (NYSE:GD). Jolley Asset Mgmt Limited Liability Co reported 42 shares. Tru Department Mb Commercial Bank N A invested in 1.27% or 50,279 shares. Optimum Inv Advsr stated it has 0.04% of its portfolio in General Dynamics Corporation (NYSE:GD). Town And Country Commercial Bank And Trust Company Dba First Bankers Trust Company owns 0.18% invested in General Dynamics Corporation (NYSE:GD) for 1,577 shares. Renaissance Gru Lc invested in 0.01% or 1,122 shares.

Among 29 analysts covering YUM! Brands (NYSE:YUM), 13 have Buy rating, 1 Sell and 15 Hold. Therefore 45% are positive. YUM! Brands had 112 analyst reports since July 1, 2015 according to SRatingsIntel. As per Thursday, July 14, the company rating was maintained by BTIG Research. Citigroup maintained the stock with “Neutral” rating in Tuesday, June 19 report. The rating was maintained by Cowen & Co on Friday, August 4 with “Buy”. The stock of YUM! Brands, Inc. (NYSE:YUM) earned “Hold” rating by BMO Capital Markets on Tuesday, May 23. The firm has “Equal-Weight” rating given on Thursday, May 3 by Morgan Stanley. On Friday, May 26 the stock rating was maintained by Oppenheimer with “Buy”. The stock of YUM! Brands, Inc. (NYSE:YUM) earned “Neutral” rating by Longbow on Friday, February 10. UBS maintained YUM! Brands, Inc. (NYSE:YUM) on Friday, August 4 with “Buy” rating. The firm has “Hold” rating given on Wednesday, September 27 by Jefferies. The stock of YUM! Brands, Inc. (NYSE:YUM) has “Equal-Weight” rating given on Friday, November 3 by Morgan Stanley.

More important recent YUM! Brands, Inc. (NYSE:YUM) news were published by: Seekingalpha.com which released: “Yum Brands’ Food Is Indeed YUM-Tastic.” on July 17, 2018, also Fool.com published article titled: “Why Buying Papa John’s Would Be a Mistake for Wendy’s”, Nasdaq.com published: “Factors of Influence in 2018, Key Indicators and Opportunity within Omnicom Group, Ironwood Pharmaceuticals …” on August 09, 2018. More interesting news about YUM! Brands, Inc. (NYSE:YUM) was released by: Seekingalpha.com and their article: “Operating margin gain at Yum Brands” with publication date: August 02, 2018.

Analysts await YUM! Brands, Inc. (NYSE:YUM) to report earnings on November, 1. They expect $0.82 EPS, up 20.59% or $0.14 from last year’s $0.68 per share. YUM’s profit will be $261.58M for 25.29 P/E if the $0.82 EPS becomes a reality. After $0.82 actual EPS reported by YUM! Brands, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since May 17, 2018, it had 0 insider buys, and 1 sale for $5.14 million activity.

YUM! Brands, Inc. (NYSE:YUM) Institutional Positions Chart

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