As Yum Brands (YUM) Stock Rose, Shareholder Bislett Management Trimmed by $405,000 Its Stake; As Orbotech LTD (ORBK) Valuation Rose, Ion Asset Management LTD Has Trimmed Its Stake

May 18, 2018 - By Michael Collier

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

Bart Baum decreased its stake in Orbotech Ltd (ORBK) by 4.61% based on its latest 2017Q4 regulatory filing with the SEC. Ion Asset Management Ltd sold 45,269 shares as the company’s stock rose 23.02% while stock markets declined. The hedge fund run by Bart Baum held 937,369 shares of the industrial machinery and components company at the end of 2017Q4, valued at $47.09 million, down from 982,638 at the end of the previous reported quarter. Ion Asset Management Ltd who had been investing in Orbotech Ltd for a number of months, seems to be less bullish one the $3.06B market cap company. The stock increased 0.49% or $0.31 during the last trading session, reaching $63.2. About 413,238 shares traded. Orbotech Ltd. (NASDAQ:ORBK) has risen 91.25% since May 18, 2017 and is uptrending. It has outperformed by 79.70% the S&P500.

Bislett Management Llc decreased its stake in Yum Brands Inc (YUM) by 5.26% based on its latest 2017Q4 regulatory filing with the SEC. Bislett Management Llc sold 5,000 shares as the company’s stock rose 1.80% while stock markets declined. The institutional investor held 90,000 shares of the consumer services company at the end of 2017Q4, valued at $7.35M, down from 95,000 at the end of the previous reported quarter. Bislett Management Llc who had been investing in Yum Brands Inc for a number of months, seems to be less bullish one the $26.83B market cap company. The stock decreased 0.68% or $0.57 during the last trading session, reaching $83. About 1.98 million shares traded. YUM! Brands, Inc. (NYSE:YUM) has risen 32.07% since May 18, 2017 and is uptrending. It has outperformed by 20.52% the S&P500.

Ion Asset Management Ltd, which manages about $388.03M US Long portfolio, upped its stake in Tower Semiconductor Ltd (NASDAQ:TSEM) by 43,661 shares to 924,623 shares, valued at $31.51M in 2017Q4, according to the filing.

Among 10 analysts covering Orbotech (NASDAQ:ORBK), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Orbotech had 27 analyst reports since September 8, 2015 according to SRatingsIntel. The stock of Orbotech Ltd. (NASDAQ:ORBK) has “Overweight” rating given on Thursday, November 2 by Barclays Capital. The firm has “Buy” rating by Oppenheimer given on Wednesday, November 1. The firm has “Hold” rating given on Tuesday, March 20 by Lake Street. Jefferies downgraded the stock to “Hold” rating in Tuesday, March 20 report. The firm has “Hold” rating by Needham given on Monday, March 19. Oppenheimer maintained it with “Buy” rating and $58.0 target in Thursday, February 15 report. The rating was downgraded by Stifel Nicolaus on Monday, March 19 to “Hold”. As per Tuesday, September 8, the company rating was initiated by Lake Street. The stock has “Hold” rating by Standpoint Research on Monday, May 22. Jefferies maintained Orbotech Ltd. (NASDAQ:ORBK) on Monday, February 12 with “Buy” rating.

Analysts await Orbotech Ltd. (NASDAQ:ORBK) to report earnings on August, 1. They expect $0.86 earnings per share, up 36.51% or $0.23 from last year’s $0.63 per share. ORBK’s profit will be $41.68M for 18.37 P/E if the $0.86 EPS becomes a reality. After $0.77 actual earnings per share reported by Orbotech Ltd. for the previous quarter, Wall Street now forecasts 11.69% EPS growth.

More recent Orbotech Ltd. (NASDAQ:ORBK) news were published by: Globes.Co.Il which released: “Orbotech beats analysts ahead of acquisition” on May 08, 2018. Also Businesswire.com published the news titled: “SHAREHOLDER ALERT: Rigrodsky & Long, PA Announces Investigation of Orbotech Ltd.” on May 16, 2018. Prnewswire.com‘s news article titled: “Orbotech and the Institute of Microelectronics (IME) to Develop Advanced Packaging Solutions in Fan-Out Wafer Level …” with publication date: May 16, 2018 was also an interesting one.

Analysts await YUM! Brands, Inc. (NYSE:YUM) to report earnings on August, 2. They expect $0.73 EPS, up 7.35% or $0.05 from last year’s $0.68 per share. YUM’s profit will be $235.95M for 28.42 P/E if the $0.73 EPS becomes a reality. After $0.90 actual EPS reported by YUM! Brands, Inc. for the previous quarter, Wall Street now forecasts -18.89% negative EPS growth.

Since January 22, 2018, it had 0 insider buys, and 1 insider sale for $194,761 activity.

More notable recent YUM! Brands, Inc. (NYSE:YUM) news were published by: Investorplace.com which released: “Should Investors Buy the Post-Earnings Dip in Yum! Brands, Inc. Stock?” on May 07, 2018, also Seekingalpha.com with their article: “Apollo names new bosses at Qdoba” published on May 14, 2018, Investorplace.com published: “Ackman Has a Point About United Technologies Corporation Stock” on May 18, 2018. More interesting news about YUM! Brands, Inc. (NYSE:YUM) were released by: Seekingalpha.com and their article: “Pizza Hut signs deal with Telepizza” published on May 16, 2018 as well as Investorplace.com‘s news article titled: “About That Big Price Target for Chipotle Mexican Grill…” with publication date: May 16, 2018.

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. The stock of YUM! Brands, Inc. (NYSE:YUM) has “Overweight” rating given on Thursday, July 14 by JP Morgan. The stock of YUM! Brands, Inc. (NYSE:YUM) earned “Hold” rating by Deutsche Bank on Monday, July 11. RBC Capital Markets maintained the shares of YUM in report on Thursday, August 3 with “Buy” rating. The firm has “Buy” rating given on Thursday, October 6 by Nomura. On Tuesday, May 16 the stock rating was upgraded by Argus Research to “Buy”. Oppenheimer maintained YUM! Brands, Inc. (NYSE:YUM) rating on Wednesday, December 2. Oppenheimer has “Outperform” rating and $88.0 target. The stock of YUM! Brands, Inc. (NYSE:YUM) has “Equal-Weight” rating given on Wednesday, September 28 by Morgan Stanley. Nomura maintained YUM! Brands, Inc. (NYSE:YUM) rating on Friday, November 3. Nomura has “Buy” rating and $89 target. The stock of YUM! Brands, Inc. (NYSE:YUM) earned “Hold” rating by BMO Capital Markets on Friday, September 15. The stock has “Buy” rating by RBC Capital Markets on Thursday, November 2.

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

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