Financial Counselors Inc. grew its holdings in Yum China Holdings Inc (NASDAQ:YUMC) by 16.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,806 shares of the company’s stock after purchasing an additional 1,924 shares during the period. Financial Counselors Inc.’s holdings in Yum China Holdings were worth $544,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Aberdeen Asset Management PLC UK raised its holdings in shares of Yum China Holdings by 6.0% in the first quarter. Aberdeen Asset Management PLC UK now owns 24,975,942 shares of the company’s stock valued at $679,344,000 after purchasing an additional 1,406,118 shares during the last quarter. BlackRock Inc. increased its holdings in Yum China Holdings by 4,190.6% during the first quarter. BlackRock Inc. now owns 21,219,447 shares of the company’s stock worth $577,170,000 after buying an additional 20,724,885 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Yum China Holdings by 0.8% during the first quarter. Massachusetts Financial Services Co. MA now owns 15,321,338 shares of the company’s stock worth $416,741,000 after buying an additional 126,232 shares during the last quarter. Loomis Sayles & Co. L P increased its holdings in Yum China Holdings by 0.3% during the first quarter. Loomis Sayles & Co. L P now owns 10,885,386 shares of the company’s stock worth $296,083,000 after buying an additional 32,594 shares during the last quarter. Finally, Clearbridge Investments LLC increased its holdings in Yum China Holdings by 13.8% during the first quarter. Clearbridge Investments LLC now owns 7,908,117 shares of the company’s stock worth $215,101,000 after buying an additional 956,175 shares during the last quarter.

ILLEGAL ACTIVITY WARNING: “Financial Counselors Inc. Acquires 1,924 Shares of Yum China Holdings Inc (YUMC)” was first published by Daily Political and is owned by of Daily Political. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/09/13/financial-counselors-inc-acquires-1924-shares-of-yum-china-holdings-inc-yumc.html.

Yum China Holdings Inc (YUMC) opened at 36.18 on Wednesday. The company’s 50-day moving average is $36.05 and its 200-day moving average is $28.01. The firm has a market capitalization of $13.87 billion and a P/E ratio of 26.60. Yum China Holdings Inc has a one year low of $23.79 and a one year high of $36.40.

Yum China Holdings (NASDAQ:YUMC) last released its quarterly earnings results on Wednesday, July 5th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.60 billion. Yum China Holdings had a return on equity of 16.35% and a net margin of 7.09%. Yum China Holdings’s revenue was up .4% compared to the same quarter last year. Equities analysts forecast that Yum China Holdings Inc will post $1.47 earnings per share for the current fiscal year.

YUMC has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Yum China Holdings from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a report on Friday, May 19th. J P Morgan Chase & Co initiated coverage on shares of Yum China Holdings in a report on Friday, June 2nd. They set an “overweight” rating and a $42.00 target price on the stock. Morgan Stanley boosted their target price on shares of Yum China Holdings from $35.00 to $41.00 and gave the stock an “overweight” rating in a report on Monday, June 26th. Oppenheimer Holdings, Inc. boosted their target price on shares of Yum China Holdings from $35.00 to $43.00 in a report on Thursday, July 6th. Finally, Deutsche Bank AG downgraded shares of Yum China Holdings from a “buy” rating to a “hold” rating and boosted their target price for the stock from $34.72 to $36.61 in a report on Thursday, July 6th. Two equities 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. The stock presently has a consensus rating of “Hold” and a consensus target price of $37.56.

In related news, insider Mark Chu sold 22,184 shares of the stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $37.72, for a total value of $836,780.48. Following the completion of the sale, the insider now directly owns 23,457 shares of the company’s stock, valued at approximately $884,798.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Yum China Holdings 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.

Want to see what other hedge funds are holding YUMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yum China Holdings Inc (NASDAQ:YUMC).

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

Receive News & Ratings for Yum China Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.