As Graco (GGG) Stock Value Declined, Fenimore Asset Management Raised by $29.10 Million Its Position; As Yum Brands (YUM) Stock Rose, Holder Incline Global Management Has Trimmed Its Position by $20.06 Million

May 21, 2018 - By Ellis Scott

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

Jeff Lignelli decreased its stake in Yum Brands Inc (YUM) by 99.42% based on its latest 2017Q4 regulatory filing with the SEC. Incline Global Management Llc sold 247,647 shares as the company’s stock rose 1.80% while stock markets declined. The hedge fund run by Jeff Lignelli held 1,453 shares of the consumer services company at the end of 2017Q4, valued at $119,000, down from 249,100 at the end of the previous reported quarter. Incline Global Management Llc who had been investing in Yum Brands Inc for a number of months, seems to be less bullish one the $26.79 billion market cap company. The stock increased 0.67% or $0.55 during the last trading session, reaching $82.89. About 731,310 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.

Fenimore Asset Management Inc increased its stake in Graco Inc. (GGG) by 199% based on its latest 2017Q4 regulatory filing with the SEC. Fenimore Asset Management Inc bought 646,572 shares as the company’s stock declined 0.59% with the market. The institutional investor held 971,481 shares of the fluid controls company at the end of 2017Q4, valued at $43.93M, up from 324,909 at the end of the previous reported quarter. Fenimore Asset Management Inc who had been investing in Graco Inc. for a number of months, seems to be bullish on the $7.91 billion market cap company. The stock increased 1.96% or $0.905 during the last trading session, reaching $47.175. About 346,705 shares traded. Graco Inc. (NYSE:GGG) has risen 44.03% since May 21, 2017 and is uptrending. It has outperformed by 32.48% the S&P500.

Among 15 analysts covering Graco Inc (NYSE:GGG), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. Graco Inc had 36 analyst reports since September 15, 2015 according to SRatingsIntel. On Wednesday, October 4 the stock rating was maintained by Robert W. Baird with “Hold”. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, July 27 report. The company was downgraded on Thursday, April 14 by SunTrust. The company was maintained on Monday, May 1 by RBC Capital Markets. The firm has “Hold” rating given on Wednesday, April 12 by RBC Capital Markets. The firm earned “Neutral” rating on Monday, April 4 by Sidoti. The rating was maintained by RBC Capital Markets on Wednesday, January 27 with “Underperform”. The rating was maintained by RBC Capital Markets on Wednesday, February 1 with “Sector Perform”. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, October 11. The firm has “Market Perform” rating by William Blair given on Thursday, July 21.

Investors sentiment increased to 9.88 in 2017 Q4. Its up 8.92, from 0.96 in 2017Q3. It is positive, as 25 investors sold GGG shares while 7 reduced holdings. 59 funds opened positions while 257 raised stakes. 278.85 million shares or 493.55% more from 46.98 million shares in 2017Q3 were reported. Pacific Glob Inv Mngmt Commerce invested in 16,920 shares. Balyasny Asset Mngmt Lc has invested 0% in Graco Inc. (NYSE:GGG). M&T Commercial Bank reported 54,747 shares. Regions Finance has invested 0.03% of its portfolio in Graco Inc. (NYSE:GGG). Benjamin F Edwards & has invested 0.01% in Graco Inc. (NYSE:GGG). Mason Street Advisors Limited Liability reported 82,959 shares or 0.09% of all its holdings. Parametric Port Associates Ltd Liability holds 0.08% of its portfolio in Graco Inc. (NYSE:GGG) for 1.71M shares. Vident Inv Advisory Limited Liability holds 0.03% of its portfolio in Graco Inc. (NYSE:GGG) for 15,543 shares. Virtus Advisers accumulated 1.16 million shares. Bluemountain Cap Ltd Liability Corporation has invested 0.25% in Graco Inc. (NYSE:GGG). Brinker Cap Incorporated accumulated 23,835 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt has 24,597 shares. Cookson Peirce owns 14,610 shares for 0.06% of their portfolio. Smith Asset Management Limited Partnership holds 0.29% or 207,210 shares in its portfolio. 2.58M are owned by Bancorp Of New York Mellon Corporation.

Since December 13, 2017, it had 0 buys, and 8 insider sales for $18.82 million activity. 15,000 shares were sold by Etchart Eric, worth $657,476 on Tuesday, May 1. 15,000 shares were sold by VAN SANT R WILLIAM, worth $684,693. 221,670 shares were sold by MCHALE PATRICK J, worth $10.01 million. The insider CARROLL WILLIAM J sold $1.24 million. Another trade for 12,750 shares valued at $1.68 million was sold by Rothe Christian E.

More recent Graco Inc. (NYSE:GGG) news were published by: Seekingalpha.com which released: “Graco Inc. 2018 Q1 – Results – Earnings Call Slides” on April 26, 2018. Also Gurufocus.com published the news titled: “Graco Inc (GGG) President and CEO Patrick J Mchale Sold $10 million of Shares” on May 09, 2018. Seekingalpha.com‘s news article titled: “Graco (GGG) Q1 2018 Results – Earnings Call Transcript” with publication date: April 26, 2018 was also an interesting one.

Fenimore Asset Management Inc, which manages about $2.04B and $2.63 billion US Long portfolio, decreased its stake in Marriott Intl Inc New Cl A (NASDAQ:MAR) by 5,755 shares to 380,685 shares, valued at $51.67M in 2017Q4, according to the filing. It also reduced its holding in Microchip Technology Incorpora (NASDAQ:MCHP) by 9,521 shares in the quarter, leaving it with 908,795 shares, and cut its stake in Illinois Tool Works Inc. (NYSE:ITW).

Incline Global Management Llc, which manages about $222.93 million and $1.80B US Long portfolio, upped its stake in Altaba Inc by 55,704 shares to 890,394 shares, valued at $62.19 million in 2017Q4, according to the filing. It also increased its holding in Caesars Entmt Corp (Call) (NASDAQ:CZR) by 4.00M shares in the quarter, for a total of 4.56M shares, and has risen its stake in Imax Corp (NYSE:IMAX).

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.01, from 0.99 in 2017Q3. It worsened, 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. Toth Advisory Corporation reported 0.01% stake. Old Second Comml Bank Of Aurora accumulated 370 shares. 9,146 are owned by Tci Wealth. Ing Groep Nv accumulated 5,099 shares. Beck Mack Oliver Ltd Liability Corp reported 0.04% stake. Waddell And Reed Finance Inc has invested 0.11% in YUM! Brands, Inc. (NYSE:YUM). Synovus owns 0.02% invested in YUM! Brands, Inc. (NYSE:YUM) for 15,591 shares. Bkd Wealth Advsr Limited Com invested in 7,695 shares. Com Of Vermont holds 1,980 shares or 0.02% of its portfolio. The New York-based State Teachers Retirement Systems has invested 0.09% in YUM! Brands, Inc. (NYSE:YUM). Adage Cap Prtnrs Group Incorporated Limited Liability Corporation owns 0.09% invested in YUM! Brands, Inc. (NYSE:YUM) for 505,749 shares. Bislett Limited Liability Company invested 4.26% in YUM! Brands, Inc. (NYSE:YUM). Rampart Invest Mgmt Commerce Ltd Liability Company reported 0.15% of its portfolio in YUM! Brands, Inc. (NYSE:YUM). Kistler holds 0.05% or 1,549 shares. Orrstown Financial Services Incorporated reported 195 shares stake.

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

More news for YUM! Brands, Inc. (NYSE:YUM) were recently published by: Globenewswire.com, which released: “Report: Exploring Fundamental Drivers Behind Alcoa, FedEx, 22nd Century Group, Aspen Technology, Yum! Brands …” on May 07, 2018. Investorplace.com‘s article titled: “Should Investors Buy the Post-Earnings Dip in Yum! Brands, Inc. Stock?” 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 $235.94M for 28.39 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.

Graco Inc. (NYSE:GGG) Institutional Positions Chart

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By1 Ellis Scott

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