Yum China Holdings Inc (NYSE:YUMC) dropped 0% during trading on Thursday . The company traded as low as $40.97 and last traded at $41.00. Approximately 6,913,442 shares changed hands during trading, an increase of 181% from the average daily volume of 2,462,216 shares. The stock had previously closed at $41.00.

YUMC has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Yum China from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Macquarie initiated coverage on Yum China in a research report on Wednesday, January 3rd. They set an “outperform” rating and a $55.00 price target on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $44.28.

The firm has a market capitalization of $15,760.00 and a PE ratio of 27.15. The company has a current ratio of 1.69, a quick ratio of 1.42 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.02. The firm had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.15 billion. Yum China had a return on equity of 21.35% and a net margin of 8.43%. The business’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period last year, the company earned $0.17 EPS. equities analysts forecast that Yum China Holdings Inc will post 1.43 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in Yum China by 9.2% in the 2nd quarter. Vanguard Group Inc. now owns 3,553,947 shares of the company’s stock valued at $140,133,000 after buying an additional 300,116 shares during the last quarter. Dimensional Fund Advisors LP bought a new position in Yum China in the 2nd quarter valued at $267,000. Raymond James Financial Services Advisors Inc. boosted its position in Yum China by 6.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 49,594 shares of the company’s stock valued at $1,955,000 after buying an additional 3,149 shares during the last quarter. North Star Asset Management Inc. lifted its stake in shares of Yum China by 0.3% in the 2nd quarter. North Star Asset Management Inc. now owns 72,246 shares of the company’s stock valued at $2,849,000 after purchasing an additional 190 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its stake in shares of Yum China by 148.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 98,816 shares of the company’s stock valued at $3,897,000 after purchasing an additional 59,081 shares during the period. Hedge funds and other institutional investors own 79.94% of the company’s stock.

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Yum China 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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