King Luther Capital Management Corp held its stake in Yum China Holdings Inc (NASDAQ:YUMC) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 10,612 shares of the company’s stock at the close of the 2nd quarter. King Luther Capital Management Corp’s holdings in Yum China Holdings were worth $418,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in YUMC. BlackRock Inc. boosted its holdings in shares of Yum China Holdings by 4,190.6% during the 1st quarter. BlackRock Inc. now owns 21,219,447 shares of the company’s stock valued at $577,170,000 after buying an additional 20,724,885 shares in the last quarter. Prudential Financial Inc. boosted its holdings in shares of Yum China Holdings by 879.0% during the 2nd quarter. Prudential Financial Inc. now owns 3,346,404 shares of the company’s stock valued at $131,949,000 after buying an additional 3,004,600 shares in the last quarter. Old Mutual Global Investors UK Ltd. boosted its holdings in shares of Yum China Holdings by 217.9% during the 2nd quarter. Old Mutual Global Investors UK Ltd. now owns 2,644,700 shares of the company’s stock valued at $104,280,000 after buying an additional 1,812,900 shares in the last quarter. Iridian Asset Management LLC CT bought a new stake in shares of Yum China Holdings during the 2nd quarter valued at $61,508,000. Finally, Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of Yum China Holdings by 2,213.7% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 1,579,681 shares of the company’s stock valued at $42,967,000 after buying an additional 1,511,405 shares in the last quarter.

Yum China Holdings Inc (NASDAQ YUMC) opened at 39.69 on Wednesday. The company has a market cap of $15.21 billion and a PE ratio of 29.18. The company has a 50-day moving average of $37.42 and a 200-day moving average of $37.42. Yum China Holdings Inc has a 52 week low of $23.79 and a 52 week high of $39.98.

Yum China Holdings (NASDAQ:YUMC) last posted its earnings results on Wednesday, July 5th. The company reported $0.27 earnings per share (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 analyst estimates of $1.60 billion. The company’s revenue for the quarter was up .4% compared to the same quarter last year. On average, equities analysts expect that Yum China Holdings Inc will post $1.46 EPS for the current year.

YUMC has been the topic of a number of research reports. Citigroup Inc. initiated coverage on shares of Yum China Holdings in a report on Monday. They set a “buy” rating and a $51.00 target price on the stock. Zacks Investment Research upgraded shares of Yum China Holdings from a “hold” rating to a “strong-buy” rating and set a $44.00 target price on the stock in a report on Thursday, June 1st. 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 restated an “overweight” rating and set a $41.00 target price on shares of Yum China Holdings in a report on Friday, July 7th. Finally, Deutsche Bank AG cut shares of Yum China Holdings from a “buy” rating to a “hold” rating and boosted their target price for the company from $34.72 to $36.61 in a report on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $38.68.

In other Yum China Holdings news, insider Mark Chu sold 22,184 shares of Yum China Holdings stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $37.72, for a total value of $836,780.48. Following the transaction, the insider now owns 23,457 shares in the company, valued at $884,798.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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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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