Gilder Gagnon Howe & Co. LLC acquired a new stake in shares of Yum China Holdings Inc (NASDAQ:YUMC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 28,836 shares of the company’s stock, valued at approximately $1,137,000.

Other hedge funds have also added to or reduced their stakes in the company. Shell Asset Management Co. increased its stake in Yum China Holdings by 1.3% in the first quarter. Shell Asset Management Co. now owns 138,478 shares of the company’s stock valued at $3,767,000 after buying an additional 1,778 shares during the period. ST Germain D J Co. Inc. boosted 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 in the last quarter. Acadian Asset Management LLC boosted its position in Yum China Holdings by 145.7% in the first quarter. Acadian Asset Management LLC now owns 261,314 shares of the company’s stock valued at $7,108,000 after buying an additional 154,938 shares in the last quarter. Boyd Watterson Asset Management LLC OH boosted its position in Yum China Holdings by 33.2% in the first quarter. Boyd Watterson Asset Management LLC OH now owns 14,164 shares of the company’s stock valued at $385,000 after buying an additional 3,529 shares in the last quarter. Finally, Howland Capital Management LLC purchased a new position in Yum China Holdings during the first quarter valued at about $1,262,000.

Yum China Holdings Inc (NASDAQ:YUMC) opened at 37.33 on Friday. Yum China Holdings Inc has a 1-year low of $23.79 and a 1-year high of $42.12. The firm has a market capitalization of $14.31 billion and a PE ratio of 27.45. The company has a 50 day moving average of $37.64 and a 200 day moving average of $33.07.

Yum China Holdings (NASDAQ:YUMC) last posted 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. Yum China Holdings had a net margin of 7.09% and a return on equity of 16.35%. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.60 billion. Yum China Holdings’s revenue for the quarter was up .4% on a year-over-year basis. Analysts forecast that Yum China Holdings Inc will post $1.45 EPS for the current year.

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Several research firms recently issued reports on YUMC. Vetr cut shares of Yum China Holdings from a “hold” rating to a “sell” rating and set a $32.10 target price for the company. in a research note on Monday, April 24th. Zacks Investment Research upgraded shares of Yum China Holdings from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research note on Friday, May 19th. Oppenheimer Holdings, Inc. boosted their target price on shares of 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 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 analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $37.56.

In other Yum China Holdings news, Director Louis Hsieh bought 30,000 shares of Yum China Holdings stock in a transaction on Wednesday, May 17th. The stock was bought at an average price of $34.85 per share, with a total value of $1,045,500.00. Following the completion of the acquisition, the director now owns 39,080 shares in the company, valued at $1,361,938. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shella Ng bought 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, with a total value 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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