Daiwa Securities Group Inc. raised its position in shares of Yum China Holdings Inc (NASDAQ:YUMC) by 68.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,900 shares of the company’s stock after buying an additional 3,200 shares during the period. Daiwa Securities Group Inc.’s holdings in Yum China Holdings were worth $311,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in YUMC. Aberdeen Asset Management PLC UK raised its stake in 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 worth $679,344,000 after buying an additional 1,406,118 shares in the last quarter. BlackRock Inc. raised its stake in Yum China Holdings by 4,190.6% in 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 in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Yum China Holdings by 0.8% in 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 in the last quarter. Loomis Sayles & Co. L P raised its stake in Yum China Holdings by 0.3% in 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 in the last quarter. Finally, Clearbridge Investments LLC raised its stake in Yum China Holdings by 13.8% in 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 in the last quarter.

Shares of Yum China Holdings Inc (NASDAQ YUMC) opened at 37.23 on Wednesday. The company has a 50 day moving average of $37.39 and a 200-day moving average of $33.37. Yum China Holdings Inc has a 52 week low of $23.79 and a 52 week high of $42.12. The company has a market cap of $14.27 billion and a price-to-earnings ratio of 27.38.

Yum China Holdings (NASDAQ:YUMC) last issued its quarterly earnings results on Wednesday, July 5th. The company reported $0.27 EPS for the quarter, topping 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 company had revenue of $1.59 billion during 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. On average, equities research analysts expect that Yum China Holdings Inc will post $1.45 earnings per share for the current fiscal year.

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A number of analysts have recently issued reports on YUMC shares. Vetr lowered shares of Yum China Holdings from a “hold” rating to a “sell” rating and set a $32.10 price objective on the stock. in a research note on Monday, April 24th. Goldman Sachs Group, Inc. (The) lowered shares of Yum China Holdings from a “buy” rating to a “neutral” rating and set a $33.10 price objective on the stock. in a research note on Friday, May 5th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Yum China Holdings from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a research note on Friday, May 19th. J P Morgan Chase & Co started coverage on shares of Yum China Holdings in a research note on Friday, June 2nd. They set an “overweight” rating and a $42.00 price objective on the stock. Finally, Morgan Stanley lifted their price objective on shares of Yum China Holdings from $35.00 to $41.00 and gave the company an “overweight” rating in a research note on Monday, June 26th. Two 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 stock. Yum China Holdings presently has a consensus rating of “Hold” and a consensus target price of $37.56.

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

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