Osborne Partners Capital Management LLC maintained its stake in Yum China Holdings Inc (NASDAQ:YUMC) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 18,480 shares of the company’s stock at the end of the second quarter. Osborne Partners Capital Management LLC’s holdings in Yum China Holdings were worth $729,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the company. Comerica Bank acquired a new stake in Yum China Holdings during the fourth quarter valued at approximately $687,000. Dimensional Fund Advisors LP acquired a new stake in Yum China Holdings during the fourth quarter valued at approximately $11,165,000. Metropolitan Life Insurance Co. NY acquired a new stake in Yum China Holdings during the fourth quarter valued at approximately $625,000. Guggenheim Capital LLC acquired a new stake in Yum China Holdings during the fourth quarter valued at approximately $2,180,000. Finally, UBS Asset Management Americas Inc. acquired a new stake in Yum China Holdings during the fourth quarter valued at approximately $29,906,000.
Shares of Yum China Holdings Inc (NASDAQ:YUMC) traded down 0.363% during midday trading on Tuesday, reaching $37.045. 806,134 shares of the company’s stock were exchanged. Yum China Holdings Inc has a 12-month low of $23.79 and a 12-month high of $42.12. The stock has a market capitalization of $14.20 billion and a P/E ratio of 27.239. The firm has a 50-day moving average of $38.94 and a 200-day moving average of $32.22.
Yum China Holdings (NASDAQ:YUMC) last released its quarterly earnings data on Wednesday, July 5th. The company reported $0.27 earnings per share 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 net margin of 7.09% and a return on equity of 16.35%. The firm’s quarterly revenue was up .4% on a year-over-year basis. Analysts anticipate that Yum China Holdings Inc will post $1.44 EPS for the current fiscal year.
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YUMC has been the subject of several recent research reports. Zacks Investment Research downgraded shares of Yum China Holdings from a “hold” rating to a “sell” rating in a research report on Friday, April 7th. Sanford C. Bernstein reissued a “market perform” rating and set a $31.00 target price on shares of Yum China Holdings in a research report on Friday, April 7th. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $35.00 price objective (up from $33.00) on shares of Yum China Holdings in a research report on Friday, April 7th. Vetr downgraded shares of Yum China Holdings from a “buy” rating to a “hold” rating in a research report on Friday, April 7th. Finally, CIBC upped their price objective on shares of Yum China Holdings from $33.00 to $35.00 and gave the stock an “outperform” rating in a research report on Monday, April 10th. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. Yum China Holdings has a consensus rating of “Hold” and an average price target of $37.16.
In other news, insider Shella Ng acquired 4,420 shares of Yum China Holdings stock in a transaction on Wednesday, May 17th. The stock was acquired at an average cost of $34.75 per share, for a total transaction of $153,595.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Louis Hsieh acquired 30,000 shares of Yum China Holdings stock in a transaction on Wednesday, May 17th. The shares were purchased 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.
About Yum China Holdings
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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