Macnealy Hoover Investment Management Cut Yum Brands (YUM) Stake By $425,000; Water Asset Management Has Lowered Rexnord New (RXN) Holding

June 20, 2018 - By Michael Collier

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

Water Asset Management Llc decreased Rexnord Corp New (RXN) stake by 33.04% reported in 2018Q1 SEC filing. Water Asset Management Llc sold 251,712 shares as Rexnord Corp New (RXN)’s stock declined 2.30%. The Water Asset Management Llc holds 510,122 shares with $15.14 million value, down from 761,834 last quarter. Rexnord Corp New now has $3.09 billion valuation. The stock decreased 1.59% or $0.48 during the last trading session, reaching $29.63. About 427,684 shares traded. Rexnord Corporation (NYSE:RXN) has risen 25.91% since June 20, 2017 and is uptrending. It has outperformed by 13.34% the S&P500. Some Historical RXN News: ; 14/05/2018 – REXNORD CORP – EXPECT FISCAL 2019 ADJUSTED EBITDA TO BE IN A RANGE OF $420 MLN TO $440 MLN; 17/05/2018 – Rexnord Company Marketing Scheduled By Janney for May. 24; 14/05/2018 – REXNORD CORP – ANTICIPATE DIVESTING NON-STRATEGIC VAG OPERATIONS THAT SERVE GLOBAL WATER AND WASTEWATER INFRASTRUCTURE END MARKETS; 14/05/2018 – Rexnord Sees FY Adjusted EBITDA $420M-$440M; 14/05/2018 – Rexnord Sees FY Net $129M-Net $143M; 24/05/2018 – Rexnord working with Baird on VAG water divest, sources [17:26 BST24 May 2018] [Proprietary] []; 14/05/2018 – Rexnord 4Q Loss $62M; 14/05/2018 – REXNORD CORP QTRLY SHR LOSS $0.65; 24/05/2018 – Rexnord working with Baird on VAG water divest; 14/05/2018 – REXNORD SEES 2019 ADJ EBITDA $420M TO $440M

Macnealy Hoover Investment Management Inc decreased Yum Brands Inc (YUM) stake by 44.65% reported in 2018Q1 SEC filing. Macnealy Hoover Investment Management Inc sold 5,000 shares as Yum Brands Inc (YUM)’s stock rose 2.43%. The Macnealy Hoover Investment Management Inc holds 6,198 shares with $528,000 value, down from 11,198 last quarter. Yum Brands Inc now has $26.39B valuation. The stock increased 0.79% or $0.64 during the last trading session, reaching $81.65. About 38,052 shares traded. YUM! Brands, Inc. (NYSE:YUM) has risen 14.42% since June 20, 2017 and is uptrending. It has outperformed by 1.85% the S&P500. Some Historical YUM News: ; 23/03/2018 – Yum Closes Below 50-Day Moving Average: Technicals; 16/05/2018 – TELEPIZZA GROUP SA TPZ.MC – PIZZA HUT TO HAVE A CALL OPTION OVER BARE OWNERSHIP OVER THE TELEPIZZA DISTINCTIVE SIGNS, EXERCISABLE ON Y3 + 18 MONTHS; 02/05/2018 – Yum Brands 1Q-End Global Franchise Ownership Mix 97%; 16/05/2018 – Pizza Hut bets on LatAm, Caribbean with Telepizza franchise deal; 16/05/2018 – TELEPIZZA GROUP SA TPZ; 08/05/2018 – Pizza Hut® Expanding Beer Delivery Pilot To Nearly 100 Restaurants In Arizona And California; 16/05/2018 – TELEPIZZA GROUP SA TPZ.MC – TARGETS AVERAGE ANNUAL CAPEX BY 2021 OF ABOUT 40 MLN EUROS; 30/04/2018 – Raise A Slice: Pizza Hut® Celebrates 60 Years With New Double Cheesy Crust Pan Pizza; 28/03/2018 – TIMING: Yum! Brands $1.975b 7Y TLB Accelerated to 5pm ET Today; 02/05/2018 – Yum Brands Sales Miss Estimates Amid Steep Fast-Food Discounts

Investors sentiment decreased to 0.76 in Q1 2018. Its down 0.22, from 0.98 in 2017Q4. It fall, 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. 40,697 are owned by Everett Harris And Company Ca. Financial Counselors accumulated 10,689 shares. Horan Mngmt, a Maryland-based fund reported 4,025 shares. Aspen Inv Mgmt holds 0.61% or 9,987 shares. Whalerock Point Ltd Liability Co stated it has 8,700 shares or 0.24% of all its holdings. Community Comml Bank Na accumulated 360 shares or 0.01% of the stock. Gateway Advisers Ltd has 0.01% invested in YUM! Brands, Inc. (NYSE:YUM) for 18,976 shares. 179,700 are held by Payden And Rygel. Tarbox Family Office holds 607 shares or 0.02% of its portfolio. Commercial Bank Of America De has 4.70M shares. Leavell Mgmt Inc invested 0.11% of its portfolio in YUM! Brands, Inc. (NYSE:YUM). Mufg Americas Hldgs holds 0.02% or 6,244 shares in its portfolio. Asset Advsr Corp stated it has 0.02% of its portfolio in YUM! Brands, Inc. (NYSE:YUM). 3,810 were reported by Virtu Ltd Company. New York State Common Retirement Fund has invested 0.12% of its portfolio in YUM! Brands, Inc. (NYSE:YUM).

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 $239.18M for 27.58 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.

Since January 22, 2018, it had 0 insider purchases, and 2 sales for $5.33 million activity. $194,761 worth of YUM! Brands, Inc. (NYSE:YUM) was sold by Niccol Brian R on Monday, January 22. Eaton Roger G. sold $5.14M worth of stock or 61,683 shares.

More news for YUM! Brands, Inc. (NYSE:YUM) were recently published by: Seekingalpha.com, which released: “Yum Brands sends Pizza Hut down healthier path” on June 19, 2018. Seekingalpha.com‘s article titled: “Domino’s Pizza: The Room For Positive Surprises Appears Limited” and published on June 19, 2018 is yet another important article.

Among 29 analysts covering YUM! Brands (NYSE:YUM), 12 have Buy rating, 1 Sell and 16 Hold. Therefore 41% are positive. YUM! Brands had 111 analyst reports since July 1, 2015 according to SRatingsIntel. The rating was upgraded by Edward Jones on Friday, January 26 to “Buy”. The stock has “Hold” rating by Deutsche Bank on Monday, July 11. JP Morgan maintained the stock with “Overweight” rating in Thursday, April 21 report. Cowen & Co maintained the shares of YUM in report on Wednesday, April 18 with “Buy” rating. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, March 26. Oppenheimer maintained YUM! Brands, Inc. (NYSE:YUM) on Wednesday, May 2 with “Buy” rating. Barclays Capital maintained YUM! Brands, Inc. (NYSE:YUM) rating on Wednesday, October 7. Barclays Capital has “Equal Weight” rating and $73 target. Instinet downgraded the stock to “Neutral” rating in Tuesday, January 30 report. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, May 2 report. As per Friday, March 18, the company rating was initiated by Longbow.

Among 10 analysts covering Rexnord Corporation (NYSE:RXN), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Rexnord Corporation had 32 analyst reports since August 6, 2015 according to SRatingsIntel. Robert W. Baird downgraded the shares of RXN in report on Thursday, June 23 to “Neutral” rating. The rating was downgraded by Barclays Capital on Monday, October 5 to “Equal-Weight”. The stock has “Buy” rating by SunTrust on Thursday, October 26. The stock has “Overweight” rating by KeyBanc Capital Markets on Thursday, February 1. The rating was maintained by Robert W. Baird on Thursday, August 24 with “Buy”. The rating was maintained by Robert W. Baird on Monday, January 8 with “Buy”. The rating was upgraded by Oppenheimer to “Outperform” on Thursday, February 8. On Friday, October 13 the stock rating was maintained by Robert W. Baird with “Buy”. SunTrust maintained Rexnord Corporation (NYSE:RXN) on Thursday, March 22 with “Buy” rating. The firm has “Market Perform” rating by Oppenheimer given on Thursday, October 15.

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.63, from 1.71 in 2017Q4. It turned negative, as 26 investors sold RXN shares while 60 reduced holdings. 32 funds opened positions while 61 raised stakes. 103.21 million shares or 2.25% more from 100.94 million shares in 2017Q4 were reported. Amundi Pioneer Asset Management Inc reported 0.04% stake. Victory Capital invested in 537,830 shares or 0.03% of the stock. Sterling Management Limited Com has invested 0.03% in Rexnord Corporation (NYSE:RXN). James Research reported 0.08% stake. State Of New Jersey Common Pension Fund D has invested 0.16% in Rexnord Corporation (NYSE:RXN). Guggenheim Cap Ltd Liability Co invested 0.03% of its portfolio in Rexnord Corporation (NYSE:RXN). Minnesota-based Us Savings Bank De has invested 0% in Rexnord Corporation (NYSE:RXN). Waddell And Reed Financial accumulated 345,965 shares or 0.02% of the stock. Nelson Van Denburg And Campbell Wealth Mngmt Grp Limited Liability Corporation stated it has 0.03% in Rexnord Corporation (NYSE:RXN). 316,086 are held by Tiaa Cref Invest Mgmt Ltd Liability Co. Wolverine Asset Management Limited reported 0.02% stake. Envestnet Asset Management Incorporated holds 2,347 shares or 0% of its portfolio. Cim Invest Mangement has invested 0.18% of its portfolio in Rexnord Corporation (NYSE:RXN). Sei Invs holds 0.02% or 215,492 shares in its portfolio. Atlantic Trust Ltd Liability Corporation reported 0.06% stake.

Analysts await Rexnord Corporation (NYSE:RXN) to report earnings on August, 1. They expect $0.36 earnings per share, up 33.33% or $0.09 from last year’s $0.27 per share. RXN’s profit will be $37.56 million for 20.58 P/E if the $0.36 EPS becomes a reality. After $0.42 actual earnings per share reported by Rexnord Corporation for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

More news for Rexnord Corporation (NYSE:RXN) were recently published by: Globenewswire.com, which released: “Detailed Research: Economic Perspectives on Edgewell Personal Care Company, Qurate Retail Group, Rexnord …” on June 15, 2018. Businesswire.com‘s article titled: “Rexnord to Participate in Deutsche Bank Global Industrials & Materials Summit” and published on June 04, 2018 is yet another important article.

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