Yum Brands (YUM) Stock Price Rose While Cypress Asset Management Has Cut Position by $882,810; Hardinge (HDNG) Valuation Rose While Highland Capital Management LP Has Raised Its Stake

June 13, 2018 - By Adrian Mccoy

Hardinge Inc. (NASDAQ:HDNG) Logo

James Dondero increased its stake in Hardinge Inc (HDNG) by 272.34% based on its latest 2018Q1 regulatory filing with the SEC. Highland Capital Management Lp bought 89,600 shares as the company’s stock rose 0.65% while stock markets declined. The hedge fund run by James Dondero held 122,500 shares of the capital goods company at the end of 2018Q1, valued at $2.24M, up from 32,900 at the end of the previous reported quarter. Highland Capital Management Lp who had been investing in Hardinge Inc for a number of months, seems to be bullish on the $239.89 million market cap company. It closed at $18.5 lastly. It is up 52.51% since June 13, 2017 and is uptrending. It has outperformed by 39.94% the S&P500. Some Historical HDNG News: 11/05/2018 – HARDINGE – ON MAY 4 REACHED AGREEMENT TO RESOLVE PURPORTED SHAREHOLDER CLASS ACTION ON BEHALF OF CO SHAREHOLDER FILED ON APRIL 17, 2018 – SEC FILING; 22/05/2018 – Hardinge Stockholders Approve Merger With Privet; 22/05/2018 – HARDINGE HOLDERS APPROVE MERGER WITH PRIVET; 12/03/2018 READ NOW: Monteverde & Associates PC Investigates the Sale of Hardinge Inc. – HDNG; 15/05/2018 – Gam Holding Buys New 1.4% Position in Hardinge; 03/05/2018 – Hardinge 1Q EPS 14c; 29/05/2018 – Privet Fund Management LLC Completes Acquisition Of Global Machine Tool Solutions Provider Hardinge Inc; 13/03/2018 – Lifshitz & Miller LLP Announces Investigation of 8point3 Energy Partners LP, Grandpoint Capital, Inc., Hardinge Inc., Johnson &; 15/05/2018 – Millennium Management Buys New 1.2% Position in Hardinge; 16/05/2018 – Foundry Partners LLC Exits Position in Hardinge

Cypress Asset Management Inc decreased its stake in Yum Brands Inc (YUM) by 18.99% based on its latest 2018Q1 regulatory filing with the SEC. Cypress Asset Management Inc sold 10,386 shares as the company’s stock rose 2.43% while stock markets declined. The institutional investor held 44,292 shares of the consumer services company at the end of 2018Q1, valued at $3.77 million, down from 54,678 at the end of the previous reported quarter. Cypress Asset Management Inc who had been investing in Yum Brands Inc for a number of months, seems to be less bullish one the $26.69 billion market cap company. The stock decreased 0.77% or $0.64 during the last trading session, reaching $82.59. About 2.12M shares traded. YUM! Brands, Inc. (NYSE:YUM) has risen 14.42% since June 13, 2017 and is uptrending. It has outperformed by 1.85% the S&P500. Some Historical YUM News: 02/05/2018 – YUM EXECUTIVES DISCUSS RESULTS ON EARNINGS CALL; 19/04/2018 – MEDIA-Pizza Hut UK to be sold to buyout team led by its chief executive- Sky News; 27/03/2018 – Pizza Hut® To Auction Off “Final Four” Pairs Of Pie Tops Il On eBay Charity; 20/03/2018 – Brandt had worked with Niccol at Yum Brands; 16/05/2018 – TELEPIZZA GROUP SA TPZ.MC – TARGETS 2021 UNDERLYING EBITDA AROUND 100 MLN EUROS; 25/04/2018 – Yum! Brands, Inc. Declares Quarterly Dividend of $0.36 Per Share; 02/05/2018 – Yum Brands 1Q Adj EPS 90c; 20/03/2018 – LAUNCH: YUM! BRANDS $1.975B TLB FOR REFINANCE; CALL MARCH 21; 08/03/2018 – YUM EXECUTIVES CONCLUDE COMMENTS; 02/05/2018 – Yum Brands 1Q Net $433M

Since January 22, 2018, it had 0 buys, and 2 selling transactions for $5.33 million activity. The insider Niccol Brian R sold 2,294 shares worth $194,761.

Analysts await YUM! Brands, Inc. (NYSE:YUM) to report earnings on August, 2. They expect $0.74 earnings per share, up 8.82% or $0.06 from last year’s $0.68 per share. YUM’s profit will be $239.18 million for 27.90 P/E if the $0.74 EPS becomes a reality. After $0.90 actual earnings per share reported by YUM! Brands, Inc. for the previous quarter, Wall Street now forecasts -17.78% negative EPS growth.

Among 29 analysts covering YUM! Brands (NYSE:YUM), 12 have Buy rating, 1 Sell and 16 Hold. Therefore 41% are positive. YUM! Brands had 110 analyst reports since July 1, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan with “Overweight” on Thursday, August 20. On Monday, October 16 the stock rating was maintained by Cowen & Co with “Buy”. The company was maintained on Thursday, May 3 by Barclays Capital. Jefferies maintained it with “Hold” rating and $75.0 target in Friday, November 3 report. The stock of YUM! Brands, Inc. (NYSE:YUM) has “Buy” rating given on Thursday, August 3 by Oppenheimer. Nomura maintained YUM! Brands, Inc. (NYSE:YUM) rating on Friday, September 15. Nomura has “Buy” rating and $85.0 target. The stock of YUM! Brands, Inc. (NYSE:YUM) earned “Neutral” rating by Credit Suisse on Thursday, July 14. BMO Capital Markets maintained YUM! Brands, Inc. (NYSE:YUM) rating on Thursday, May 3. BMO Capital Markets has “Market Perform” rating and $90 target. The stock of YUM! Brands, Inc. (NYSE:YUM) has “Hold” rating given on Friday, September 30 by Deutsche Bank. On Tuesday, May 23 the stock rating was maintained by BMO Capital Markets with “Hold”.

Investors sentiment decreased to 0.76 in Q1 2018. Its down 0.22, from 0.98 in 2017Q4. It turned negative, as 52 investors sold YUM shares while 281 reduced holdings. 73 funds opened positions while 181 raised stakes. 229.25 million shares or 2.81% less from 235.88 million shares in 2017Q4 were reported. Chilton Investment Limited Liability Corporation has 0.03% invested in YUM! Brands, Inc. (NYSE:YUM). Motco reported 188 shares. Profit Invest Limited Liability Company stated it has 0.21% of its portfolio in YUM! Brands, Inc. (NYSE:YUM). Brown Brothers Harriman & has 0% invested in YUM! Brands, Inc. (NYSE:YUM) for 2,193 shares. Td Capital Mngmt Limited Company stated it has 3,239 shares. Horizon Invs Limited Liability Corporation, North Carolina-based fund reported 17,931 shares. 414,697 were reported by Amer Century Incorporated. Indiana Trust And Invest Comm accumulated 2,540 shares or 0.1% of the stock. Cap reported 0.12% stake. 28,815 were accumulated by House Ltd Liability Corporation. Northwestern Mutual Wealth Management accumulated 0.01% or 22,016 shares. Amer Research Mgmt Commerce has 0% invested in YUM! Brands, Inc. (NYSE:YUM). New England Private Wealth Advisors reported 0.09% of its portfolio in YUM! Brands, Inc. (NYSE:YUM). Payden And Rygel accumulated 1.24% or 179,700 shares. Pinebridge Investments Ltd Partnership invested 0.03% of its portfolio in YUM! Brands, Inc. (NYSE:YUM).

More recent YUM! Brands, Inc. (NYSE:YUM) news were published by: Investorplace.com which released: “Free Taco Bell Today! How to Get Your Doritos Locos Taco” on June 13, 2018. Also Investorplace.com published the news titled: “4 Food Stocks Ready for Growth as Tastes Change” on June 11, 2018. Cnbc.com‘s news article titled: “KFC to test vegetarian fried chicken” with publication date: June 08, 2018 was also an interesting one.

Among 2 analysts covering Hardinge (NASDAQ:HDNG), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Hardinge had 2 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was upgraded by Sidoti to “Buy” on Tuesday, August 4. The rating was maintained by Jefferies with “Hold” on Friday, October 23.

Investors sentiment decreased to 1.16 in Q1 2018. Its down 0.07, from 1.23 in 2017Q4. It worsened, as 10 investors sold HDNG shares while 27 reduced holdings. 24 funds opened positions while 19 raised stakes. 8.52 million shares or 6.69% less from 9.13 million shares in 2017Q4 were reported. Schwab Charles Invest Management stated it has 27,900 shares. State Street holds 177,389 shares. Manufacturers Life Insurance Company The accumulated 0% or 9,792 shares. Harvest Management Ltd Liability Com has invested 0.36% in Hardinge Inc. (NASDAQ:HDNG). Jpmorgan Chase And invested in 2,328 shares or 0% of the stock. Bluecrest Capital Mgmt Ltd reported 24,477 shares. Moreover, Art Advsrs Ltd Llc has 0.01% invested in Hardinge Inc. (NASDAQ:HDNG) for 13,525 shares. Grace & White reported 222,605 shares stake. Tower Rech Lc (Trc) accumulated 1,854 shares. Panagora Asset Mgmt Inc invested in 0% or 43,826 shares. Dimensional Fund Advsrs Lp accumulated 1.09 million shares. 36,950 are held by First Manhattan. Pacific Ridge Cap Partners Ltd Company reported 210,159 shares. Deutsche Bancorp Ag holds 0% or 137,637 shares. Intll Group Inc accumulated 7,393 shares or 0% of the stock.

Another recent and important Hardinge Inc. (NASDAQ:HDNG) news was published by Fool.com which published an article titled: “3 Stocks Wall Street Hasn’t Heard Of Yet” on June 01, 2018.

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

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