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Scopus Asset Management LP Has Lowered By $32.12 Million Its Yum Brands (YUM) Stake; Turtle Beach (HEAR) Shorts Raised By 4.41%

Scopus Asset Management Lp decreased Yum Brands Inc (YUM) stake by 53.33% reported in 2017Q3 SEC filing. Scopus Asset Management Lp sold 440,010 shares as Yum Brands Inc (YUM)’s stock rose 2.44%. The Scopus Asset Management Lp holds 384,990 shares with $28.34 million value, down from 825,000 last quarter. Yum Brands Inc now has $25.96B valuation. The stock decreased 0.08% or $0.06 during the last trading session, reaching $78.19. About 1.78M shares traded. Yum! Brands, Inc. (NYSE:YUM) has risen 21.70% since February 20, 2017 and is uptrending. It has outperformed by 5.00% the S&P500.

Turtle Beach Corporation (NASDAQ:HEAR) had an increase of 4.41% in short interest. HEAR’s SI was 1.40M shares in February as released by FINRA. Its up 4.41% from 1.34M shares previously. With 149,500 avg volume, 9 days are for Turtle Beach Corporation (NASDAQ:HEAR)’s short sellers to cover HEAR’s short positions. The SI to Turtle Beach Corporation’s float is 6.03%. The stock 0.92% or $0 during the last trading session, reaching $0.47. It is up 27.27% since February 20, 2017 and is downtrending. It has underperformed by 43.97% the S&P500.

Among 5 analysts covering Turtle Beach (NASDAQ:HEAR), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Turtle Beach had 8 analyst reports since September 24, 2015 according to SRatingsIntel. The rating was maintained by B. Riley & Co on Tuesday, July 18 with “Hold”. The stock has “Hold” rating by Wunderlich on Wednesday, January 20. The firm has “Outperform” rating given on Monday, September 28 by Oppenheimer. The rating was maintained by Wunderlich on Tuesday, February 2 with “Hold”. Cowen & Co downgraded the shares of HEAR in report on Monday, March 28 to “Market Perform” rating. The firm has “Buy” rating by Oppenheimer given on Friday, August 11. Oppenheimer initiated it with “Outperform” rating and $6 target in Thursday, September 24 report.

Turtle Beach Corporation, an audio technology company, develops, commercializes, and markets a range of products under the Turtle Beach and HyperSound brands in the North America, the United Kingdom, Europe, and internationally. The company has market cap of $23.23 million. The firm offers headset products for use across various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices. It currently has negative earnings. It also provides audio products for commercial and consumer devices, as well as for listeners with hearing loss.

Since January 22, 2018, it had 0 buys, and 1 insider sale for $194,761 activity. $194,761 worth of stock was sold by Niccol Brian R on Monday, January 22.

Scopus Asset Management Lp increased Republic Svcs Inc (NYSE:RSG) stake by 32,500 shares to 462,500 valued at $30.55 million in 2017Q3. It also upped Us Foods Hldg Corp stake by 50,000 shares and now owns 1.90M shares. Burlington Stores Inc (NYSE:BURL) was raised too.

Among 29 analysts covering YUM! Brands (NYSE:YUM), 11 have Buy rating, 1 Sell and 17 Hold. Therefore 38% are positive. YUM! Brands had 99 analyst reports since July 1, 2015 according to SRatingsIntel. The stock of Yum! Brands, Inc. (NYSE:YUM) earned “Hold” rating by Deutsche Bank on Friday, September 30. On Thursday, July 14 the stock rating was maintained by Credit Suisse with “Neutral”. As per Monday, September 11, the company rating was maintained by RBC Capital Markets. The stock has “Neutral” rating by Longbow on Friday, February 10. The company was maintained on Thursday, September 14 by Oppenheimer. The stock of Yum! Brands, Inc. (NYSE:YUM) has “Equal Weight” rating given on Wednesday, October 7 by Barclays Capital. The company was maintained on Wednesday, November 2 by Deutsche Bank. RBC Capital Markets downgraded the shares of YUM in report on Friday, September 23 to “Outperform” rating. As per Friday, February 9, the company rating was maintained by Wells Fargo. On Tuesday, January 16 the stock rating was maintained by Barclays Capital with “Hold”.

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