CAPROCK Group Inc. bought a new position in Yum China Holdings Inc (NASDAQ:YUMC) during the second quarter, according to its most recent filing with the SEC. The institutional investor bought 5,776 shares of the company’s stock, valued at approximately $228,000.

Other institutional investors have also modified their holdings of the company. Parkside Financial Bank & Trust raised its position in Yum China Holdings by 3.9% in the second quarter. Parkside Financial Bank & Trust now owns 2,719 shares of the company’s stock worth $107,000 after buying an additional 102 shares during the period. FNY Partners Fund LP raised its position in Yum China Holdings by 3,600.0% in the first quarter. FNY Partners Fund LP now owns 3,700 shares of the company’s stock worth $100,000 after buying an additional 3,600 shares during the period. Webster Bank N. A. raised its position in Yum China Holdings by 18.1% in the first quarter. Webster Bank N. A. now owns 4,080 shares of the company’s stock worth $111,000 after buying an additional 625 shares during the period. Parthenon LLC purchased a new position in Yum China Holdings during the second quarter worth approximately $209,000. Finally, Nicolet Bankshares Inc. purchased a new position in Yum China Holdings during the second quarter worth approximately $213,000.

Shares of Yum China Holdings Inc (NASDAQ YUMC) opened at 37.13 on Monday. The company has a 50-day moving average of $38.22 and a 200-day moving average of $32.66. The stock has a market capitalization of $14.23 billion and a P/E ratio of 27.30. Yum China Holdings Inc has a 52 week low of $23.79 and a 52 week high of $42.12.

Yum China Holdings (NASDAQ:YUMC) last announced its quarterly earnings data on Wednesday, July 5th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.03. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.60 billion. Yum China Holdings had a return on equity of 16.35% and a net margin of 7.09%. The firm’s revenue for the quarter was up .4% on a year-over-year basis. On average, analysts anticipate that Yum China Holdings Inc will post $1.44 EPS for the current year.

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YUMC has been the subject of a number of analyst reports. CIBC raised their price objective on shares of Yum China Holdings from $33.00 to $35.00 and gave the company an “outperform” rating in a research report on Monday, April 10th. Zacks Investment Research upgraded shares of Yum China Holdings from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Wednesday, April 12th. Vetr lowered shares of Yum China Holdings from a “hold” rating to a “sell” rating and set a $32.10 price objective for the company. in a research report on Monday, April 24th. Goldman Sachs Group, Inc. (The) lowered shares of Yum China Holdings from a “buy” rating to a “neutral” rating and set a $33.10 price objective for the company. in a research report on Friday, May 5th. They noted that the move was a valuation call. Finally, J P Morgan Chase & Co initiated coverage on shares of Yum China Holdings in a research report on Friday, June 2nd. They issued an “overweight” rating and a $42.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $37.56.

In related news, insider Shella Ng acquired 4,420 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The stock was bought at an average cost of $34.75 per share, for a total transaction of $153,595.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Louis Hsieh acquired 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The shares were bought at an average price of $34.85 per share, with a total value of $1,045,500.00. Following the completion of the purchase, the director now owns 39,080 shares in the company, valued at approximately $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.

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

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