Bbva Compass Bancshares Inc. Increases Position in Yum China Holdings Inc (YUMC)

Bbva Compass Bancshares Inc. boosted its stake in shares of Yum China Holdings Inc (NASDAQ:YUMC) by 1.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 65,898 shares of the company’s stock after buying an additional 752 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Yum China Holdings were worth $2,598,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Great West Life Assurance Co. Can boosted its position in shares of Yum China Holdings by 3.4% in the second quarter. Great West Life Assurance Co. Can now owns 261,590 shares of the company’s stock valued at $10,301,000 after buying an additional 8,643 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Yum China Holdings by 3.9% in the second quarter. Parkside Financial Bank & Trust now owns 2,719 shares of the company’s stock valued at $107,000 after buying an additional 102 shares in the last quarter. Harbour Capital Advisors LLC boosted its position in shares of Yum China Holdings by 3,843.0% in the second quarter. Harbour Capital Advisors LLC now owns 39,430 shares of the company’s stock valued at $1,000,000 after buying an additional 38,430 shares in the last quarter. IBM Retirement Fund purchased a new position in shares of Yum China Holdings during the second quarter valued at $216,000. Finally, NGAM Advisors L.P. boosted its position in shares of Yum China Holdings by 2.6% in the second quarter. NGAM Advisors L.P. now owns 697,214 shares of the company’s stock valued at $27,492,000 after buying an additional 17,845 shares in the last quarter.

Shares of Yum China Holdings Inc (NASDAQ:YUMC) traded up 1.26% on Friday, reaching $37.80. The company’s stock had a trading volume of 1,470,536 shares. The stock has a market cap of $14.49 billion and a PE ratio of 27.79. The company’s 50 day moving average is $37.56 and its 200-day moving average is $33.15. Yum China Holdings Inc has a 1-year low of $23.79 and a 1-year high of $42.12.

Yum China Holdings (NASDAQ:YUMC) last posted its earnings results on Wednesday, July 5th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. Yum China Holdings had a return on equity of 16.35% and a net margin of 7.09%. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.60 billion. The company’s revenue was up .4% compared to the same quarter last year. On average, equities analysts predict that Yum China Holdings Inc will post $1.45 earnings per share for the current fiscal year.

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Several brokerages recently weighed in on YUMC. Zacks Investment Research cut Yum China Holdings from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Bank of America Corporation reaffirmed a “neutral” rating and set a $41.60 target price on shares of Yum China Holdings in a report on Sunday, July 30th. Morgan Stanley reissued an “overweight” rating and issued a $41.00 price objective on shares of Yum China Holdings in a research note on Friday, July 7th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $35.90 price objective (up from $33.10) on shares of Yum China Holdings in a research note on Thursday, July 6th. Finally, Deutsche Bank AG downgraded Yum China Holdings from a “buy” rating to a “hold” rating and increased their price objective for the stock from $34.72 to $36.61 in a research note on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. Yum China Holdings has an average rating of “Hold” and a consensus target price of $37.56.

In related news, insider Shella Ng purchased 4,420 shares of Yum China Holdings stock in a transaction that occurred on Wednesday, May 17th. The shares were acquired at an average price of $34.75 per share, with a total value of $153,595.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Louis Hsieh purchased 30,000 shares of Yum China Holdings stock in a transaction that occurred on Wednesday, May 17th. The shares were bought at an average cost of $34.85 per share, for a total transaction of $1,045,500.00. Following the transaction, the director now directly owns 39,080 shares of the company’s stock, valued at $1,361,938. The disclosure for this purchase can be found here.

Yum China Holdings Company Profile

Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.

Institutional Ownership by Quarter for Yum China Holdings (NASDAQ:YUMC)

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