Trexquant Investment LP bought a new stake in shares of Yum China Holdings Inc (NASDAQ:YUMC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 19,341 shares of the company’s stock, valued at approximately $763,000.

A number of other institutional investors also recently bought and sold shares of the stock. BKD Wealth Advisors LLC raised its position in Yum China Holdings by 0.4% in the second quarter. BKD Wealth Advisors LLC now owns 7,547 shares of the company’s stock valued at $298,000 after buying an additional 30 shares during the period. ST Germain D J Co. Inc. raised its position in Yum China Holdings by 0.4% in the first quarter. ST Germain D J Co. Inc. now owns 8,758 shares of the company’s stock valued at $238,000 after buying an additional 34 shares during the period. 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 valued at $107,000 after buying an additional 102 shares during the period. Whittier Trust Co. raised its position in Yum China Holdings by 2.4% in the second quarter. Whittier Trust Co. now owns 12,501 shares of the company’s stock valued at $493,000 after buying an additional 297 shares during the period. Finally, BB&T Corp raised its position in Yum China Holdings by 0.7% in the first quarter. BB&T Corp now owns 61,966 shares of the company’s stock valued at $1,686,000 after buying an additional 414 shares during the period.

Shares of Yum China Holdings Inc (YUMC) opened at 37.33 on Friday. The stock has a market cap of $14.31 billion and a price-to-earnings ratio of 27.45. Yum China Holdings Inc has a 52 week low of $23.79 and a 52 week high of $42.12. The stock’s 50 day moving average price is $37.64 and its 200-day moving average price is $33.07.

Yum China Holdings (NASDAQ:YUMC) last released its quarterly earnings data on Wednesday, July 5th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.60 billion. The business’s revenue was up .4% on a year-over-year basis. Equities analysts anticipate that Yum China Holdings Inc will post $1.45 earnings per share for the current fiscal year.

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Several equities analysts have issued reports on the company. Vetr lowered Yum China Holdings from a “hold” rating to a “sell” rating and set a $32.10 target price on the stock. in a research note on Monday, April 24th. Zacks Investment Research upgraded Yum China Holdings from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a research note on Friday, May 19th. Oppenheimer Holdings, Inc. lifted their target price on Yum China Holdings from $35.00 to $43.00 in a research note on Thursday, July 6th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $35.90 target price (up previously from $33.10) on shares of Yum China Holdings in a research note on Thursday, July 6th. Finally, Bank of America Corporation reiterated a “neutral” rating and issued a $41.60 target price on shares of Yum China Holdings in a research note on Sunday, July 30th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. Yum China Holdings presently has an average rating of “Hold” and an average price target of $37.56.

In other news, Director Louis Hsieh purchased 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The shares were purchased at an average price of $34.85 per share, for a total transaction of $1,045,500.00. Following the purchase, the director now directly owns 39,080 shares of the company’s stock, valued at approximately $1,361,938. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shella Ng purchased 4,420 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The shares were purchased at an average price of $34.75 per share, for a total transaction of $153,595.00. 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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