Horan Capital Management Has Decreased Yum Brands (YUM) Stake By $1.34 Million; Tenneco (TEN) Shorts Lowered By 6.55%

Horan Capital Management decreased Yum Brands Inc (YUM) stake by 81.29% reported in 2017Q3 SEC filing. Horan Capital Management sold 18,331 shares as Yum Brands Inc (YUM)’s stock rose 2.44%. The Horan Capital Management holds 4,220 shares with $310,000 value, down from 22,551 last quarter. Yum Brands Inc now has $27.95 billion valuation. The stock decreased 0.83% or $0.69 during the last trading session, reaching $82.93. About 1.39M shares traded. Yum! Brands, Inc. (NYSE:YUM) has risen 21.70% since January 17, 2017 and is uptrending. It has outperformed by 5.00% the S&P500.

Tenneco Incorporated (NYSE:TEN) had a decrease of 6.55% in short interest. TEN’s SI was 1.46M shares in January as released by FINRA. Its down 6.55% from 1.56M shares previously. With 365,500 avg volume, 4 days are for Tenneco Incorporated (NYSE:TEN)’s short sellers to cover TEN’s short positions. The SI to Tenneco Incorporated’s float is 2.75%. The stock decreased 1.55% or $1 during the last trading session, reaching $63.69. About 215,010 shares traded. Tenneco Inc. (NYSE:TEN) has risen 7.45% since January 17, 2017 and is uptrending. It has underperformed by 9.25% the S&P500.

Since August 9, 2017, it had 0 insider buys, and 1 sale for $616,871 activity. Gibbs David W sold $616,871 worth of Yum! Brands, Inc. (NYSE:YUM) on Wednesday, August 9.

Investors sentiment increased to 0.99 in Q3 2017. Its up 0.22, from 0.77 in 2017Q2. It improved, as 50 investors sold YUM shares while 238 reduced holdings. 67 funds opened positions while 219 raised stakes. 239.50 million shares or 0.41% less from 240.48 million shares in 2017Q2 were reported. Hennessy Inc owns 30,400 shares for 0.07% of their portfolio. First Manhattan invested in 0.18% or 430,710 shares. Cutter Brokerage Inc reported 0.33% in Yum! Brands, Inc. (NYSE:YUM). Capital Sarl, a California-based fund reported 20,800 shares. First Mercantile Communications holds 0.05% or 3,699 shares in its portfolio. Parkside Bank And Tru has 0.01% invested in Yum! Brands, Inc. (NYSE:YUM) for 326 shares. 16,000 are owned by Moody National Bank Tru Division. Checchi Capital Advisers Ltd Liability reported 0.03% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Moreover, South Dakota Inv Council has 0.08% invested in Yum! Brands, Inc. (NYSE:YUM). Choate Inv Advsr accumulated 10,200 shares or 0.04% of the stock. Horizon Investments Ltd Liability owns 12,501 shares or 0.05% of their US portfolio. Whittier Of Nevada reported 8,945 shares. Needelman Asset Mngmt reported 11,395 shares. Tru Of Toledo Na Oh owns 5,000 shares. Usca Ria Limited Company reported 4,619 shares.

Analysts await Yum! Brands, Inc. (NYSE:YUM) to report earnings on February, 8. They expect $0.80 earnings per share, up 1.27% or $0.01 from last year’s $0.79 per share. YUM’s profit will be $269.60M for 25.92 P/E if the $0.80 EPS becomes a reality. After $0.68 actual earnings per share reported by Yum! Brands, Inc. for the previous quarter, Wall Street now forecasts 17.65% EPS growth.

Among 26 analysts covering YUM! Brands (NYSE:YUM), 11 have Buy rating, 1 Sell and 14 Hold. Therefore 42% are positive. YUM! Brands has $116 highest and $45.1 lowest target. $81.86’s average target is -1.29% below currents $82.93 stock price. YUM! Brands had 91 analyst reports since July 1, 2015 according to SRatingsIntel. Credit Suisse upgraded Yum! Brands, Inc. (NYSE:YUM) rating on Thursday, October 8. Credit Suisse has “Neutral” rating and $75 target. Nomura maintained the shares of YUM in report on Thursday, October 6 with “Buy” rating. The stock has “Buy” rating by Cowen & Co on Friday, August 4. The firm earned “Equal-Weight” rating on Wednesday, October 18 by Barclays Capital. Cowen & Co maintained it with “Buy” rating and $85.0 target in Friday, September 8 report. Robert W. Baird maintained Yum! Brands, Inc. (NYSE:YUM) rating on Tuesday, January 2. Robert W. Baird has “Hold” rating and $88.0 target. The rating was maintained by RBC Capital Markets on Wednesday, October 21 with “Top Pick”. The rating was maintained by RBC Capital Markets on Thursday, August 3 with “Buy”. The firm has “Underperform” rating by CLSA given on Thursday, July 14. Cowen & Co maintained the shares of YUM in report on Monday, October 16 with “Buy” rating.

Horan Capital Management increased Bristol (NYSE:BMY) stake by 5,075 shares to 247,956 valued at $15.80 million in 2017Q3. It also upped Schwab Us Aggregate Bond Etf (SCHZ) stake by 6,948 shares and now owns 57,863 shares. Biogen (NASDAQ:BIIB) was raised too.

Among 11 analysts covering Tenneco Inc (NYSE:TEN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Tenneco Inc had 42 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Monday, September 11. RBC Capital Markets maintained Tenneco Inc. (NYSE:TEN) on Sunday, October 1 with “Hold” rating. On Wednesday, June 21 the stock rating was initiated by CLSA with “Buy”. The firm earned “Hold” rating on Wednesday, April 26 by Jefferies. As per Wednesday, April 27, the company rating was downgraded by Wells Fargo. Barclays Capital maintained Tenneco Inc. (NYSE:TEN) rating on Monday, January 25. Barclays Capital has “Equal Weight” rating and $50 target. On Monday, October 30 the stock rating was maintained by Wells Fargo with “Market Perform”. Barclays Capital maintained Tenneco Inc. (NYSE:TEN) rating on Thursday, January 12. Barclays Capital has “Overweight” rating and $70 target. The firm has “Outperform” rating by RBC Capital Markets given on Monday, October 26. Jefferies maintained Tenneco Inc. (NYSE:TEN) rating on Tuesday, October 24. Jefferies has “Hold” rating and $62.0 target.

Since August 31, 2017, it had 0 insider buys, and 8 sales for $4.98 million activity. The insider Guo Peng sold 5,558 shares worth $320,629. 11,500 Tenneco Inc. (NYSE:TEN) shares with value of $678,500 were sold by Kunz John E. Sherrill Gregg M also sold $1.50 million worth of Tenneco Inc. (NYSE:TEN) on Thursday, August 31. Shares for $782,816 were sold by Harrington James D. on Thursday, September 14.

Tenneco Inc. designs, manufactures, and distributes clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide. The company has market cap of $3.29 billion. The firm offers various vehicle emission control products and systems, including catalytic converters and diesel oxidation catalysts, diesel particulate filters, burner systems, lean nitrogen oxide traps, hydrocarbon vaporizers and injectors, selective catalytic reduction (SCR)systems, SCR-coated diesel particulate filters (SDPF) systems, urea dosing systems, four-way catalysts, alternative NOx reduction technologies, mufflers and resonators, fabricated exhaust manifolds, pipes, hydroformed assemblies, elastomeric hangers and isolators, and after treatment control units. It has a 19.34 P/E ratio. It also provides ride performance products and systems, such as shock absorbers; struts; vibration control components; kinetic suspension technology systems, dual-mode suspension solutions, semi-active and active suspension systems, and kinetic H2/CVSA continuously variable semi active suspension systems; and other ride performance products comprising load assist products, springs, steering stabilizers, adjustable suspension systems, suspension kits, and modular assemblies.