As Ocwen Finl (OCN) Market Value Declined, Shareholder Akanthos Capital Management Decreased by $4.39 Million Its Holding; Thrivent Financial For Lutherans Upped Its Yum! Brands (YUM) Stake by $475,741

January 14, 2018 - By Maria Brooks

Thrivent Financial For Lutherans increased its stake in Yum! Brands Inc (YUM) by 46.89% based on its latest 2017Q3 regulatory filing with the SEC. Thrivent Financial For Lutherans bought 6,517 shares as the company’s stock rose 2.44% with the market. The institutional investor held 20,415 shares of the consumer services company at the end of 2017Q3, valued at $1.50M, up from 13,898 at the end of the previous reported quarter. Thrivent Financial For Lutherans who had been investing in Yum! Brands Inc for a number of months, seems to be bullish on the $28.18 billion market cap company. The stock increased 1.37% or $1.13 during the last trading session, reaching $83.62. About 1.38 million shares traded. Yum! Brands, Inc. (NYSE:YUM) has risen 21.70% since January 14, 2017 and is uptrending. It has outperformed by 5.00% the S&P500.

Michael Kao decreased its stake in Ocwen Finl Corp (OCN) by 59.39% based on its latest 2017Q3 regulatory filing with the SEC. Akanthos Capital Management Llc sold 1.46 million shares as the company’s stock declined 50.76% while stock markets rallied. The hedge fund run by Michael Kao held 1.00 million shares of the consumer services company at the end of 2017Q3, valued at $3.44 million, down from 2.46M at the end of the previous reported quarter. Akanthos Capital Management Llc who had been investing in Ocwen Finl Corp for a number of months, seems to be less bullish one the $399.12 million market cap company. The stock increased 0.33% or $0.01 during the last trading session, reaching $3.05. About 766,151 shares traded. Ocwen Financial Corporation (NYSE:OCN) has risen 72.00% since January 14, 2017 and is uptrending. It has outperformed by 55.30% the S&P500.

Since August 9, 2017, it had 0 insider purchases, and 1 sale for $616,871 activity.

Among 26 analysts covering YUM! Brands (NYSE:YUM), 11 have Buy rating, 1 Sell and 14 Hold. Therefore 42% are positive. YUM! Brands had 90 analyst reports since July 1, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Goldman Sachs on Thursday, May 11. RBC Capital Markets maintained it with “Buy” rating and $8300 target in Thursday, June 22 report. On Thursday, November 2 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm earned “Hold” rating on Monday, July 11 by Deutsche Bank. The rating was upgraded by Credit Suisse to “Outperform” on Wednesday, October 19. On Wednesday, April 26 the stock rating was maintained by Cowen & Co with “Outperform”. As per Tuesday, May 16, the company rating was upgraded by Argus Research. The stock of Yum! Brands, Inc. (NYSE:YUM) earned “Top Pick” rating by RBC Capital Markets on Wednesday, October 7. Longbow initiated the shares of YUM in report on Friday, March 18 with “Buy” rating. On Thursday, July 14 the stock rating was maintained by Oppenheimer with “Outperform”.

Thrivent Financial For Lutherans, which manages about $82.94B and $28.31 billion US Long portfolio, decreased its stake in Unitedhealth Group Inc (NYSE:UNH) by 4,340 shares to 1.69 million shares, valued at $330.17M in 2017Q3, according to the filing. It also reduced its holding in Svb Financial Group (NASDAQ:SIVB) by 63,626 shares in the quarter, leaving it with 105,185 shares, and cut its stake in Mid (NYSE:MAA).

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.22, from 0.77 in 2017Q2. It is positive, 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. D Scott Neal Incorporated accumulated 77 shares. Commonwealth Equity Service reported 95,266 shares. Heritage Invsts Mngmt, a Maryland-based fund reported 187,060 shares. 3,451 were reported by Group One Trading Ltd Partnership. Moreover, Swiss Retail Bank has 0.11% invested in Yum! Brands, Inc. (NYSE:YUM) for 1.31M shares. Wesbanco State Bank Incorporated accumulated 0.03% or 7,831 shares. Liberty Mutual Gp Asset Mgmt reported 34,784 shares. Fernwood Investment Mngmt Lc holds 0.76% of its portfolio in Yum! Brands, Inc. (NYSE:YUM) for 16,582 shares. Montag A And Assocs Inc invested in 0.02% or 2,919 shares. Cls Investments Ltd Liability Co reported 0% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Bankshares Of America De has 0.08% invested in Yum! Brands, Inc. (NYSE:YUM) for 6.69 million shares. Millennium Mgmt Ltd invested in 62,475 shares or 0.01% of the stock. Cleararc reported 8,850 shares or 0.1% of all its holdings. Blb&B Advsrs Lc holds 5,466 shares. Fagan Associates reported 1.04% in Yum! Brands, Inc. (NYSE:YUM).

Among 10 analysts covering Ocwen Financial (NYSE:OCN), 1 have Buy rating, 2 Sell and 7 Hold. Therefore 10% are positive. Ocwen Financial had 24 analyst reports since July 31, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, September 8 by Vetr. Wood maintained the stock with “Hold” rating in Tuesday, April 11 report. Vetr upgraded the shares of OCN in report on Wednesday, September 2 to “Strong-Buy” rating. Compass Point upgraded the shares of OCN in report on Wednesday, August 26 to “Neutral” rating. The firm has “Hold” rating given on Friday, October 6 by Keefe Bruyette & Woods. The stock has “Buy” rating by Compass Point on Monday, April 24. The company was downgraded on Thursday, August 6 by Zacks. As per Monday, August 3, the company rating was downgraded by Bank of America. The firm earned “Hold” rating on Monday, August 14 by Keefe Bruyette & Woods. As per Tuesday, August 4, the company rating was maintained by Compass Point.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.34, from 1.18 in 2017Q2. It is negative, as 23 investors sold OCN shares while 27 reduced holdings. 15 funds opened positions while 27 raised stakes. 57.15 million shares or 5.73% less from 60.63 million shares in 2017Q2 were reported. Jane Street Limited Liability reported 0% stake. Citigroup accumulated 108,014 shares or 0% of the stock. First Quadrant Limited Partnership Ca reported 171,500 shares. 11,991 are owned by Prudential Finance Inc. Fishman Jay A Mi reported 20,000 shares. Saba Capital Mgmt Ltd Partnership owns 388,141 shares. California State Teachers Retirement Systems holds 169,438 shares or 0% of its portfolio. Cqs Cayman Lp reported 0.39% in Ocwen Financial Corporation (NYSE:OCN). Glg Prtn Lp owns 191,500 shares for 0.03% of their portfolio. Horizon Kinetics Limited Liability Company has invested 0.01% in Ocwen Financial Corporation (NYSE:OCN). Omega Advsrs Incorporated accumulated 8.66M shares. Connor Clark And Lunn owns 787,239 shares for 0.02% of their portfolio. Fincl Bank Of America De holds 41,955 shares. Panagora Asset Management stated it has 3,000 shares. Parallax Volatility Advisers Limited Partnership stated it has 84,838 shares.

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