Zurcher Kantonalbank Zurich Cantonalbank increased its position in Yum China Holdings Inc (NASDAQ:YUMC) by 6.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,379 shares of the company’s stock after buying an additional 6,368 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Yum China Holdings were worth $4,471,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. BKD Wealth Advisors LLC increased its position in shares of Yum China Holdings by 0.4% in the second quarter. BKD Wealth Advisors LLC now owns 7,547 shares of the company’s stock worth $298,000 after buying an additional 30 shares in the last quarter. Parkside Financial Bank & Trust increased its position in shares of Yum China Holdings by 3.9% in the second quarter. Parkside Financial Bank & Trust now owns 2,719 shares of the company’s stock worth $107,000 after buying an additional 102 shares in the last quarter. Whittier Trust Co. increased its position in shares of Yum China Holdings by 2.4% in the second quarter. Whittier Trust Co. now owns 12,501 shares of the company’s stock worth $493,000 after buying an additional 297 shares in the last quarter. Wetherby Asset Management Inc. increased its position in shares of Yum China Holdings by 3.3% in the second quarter. Wetherby Asset Management Inc. now owns 10,688 shares of the company’s stock worth $421,000 after buying an additional 344 shares in the last quarter. Finally, Ballentine Partners LLC increased its position in shares of Yum China Holdings by 1.7% in the second quarter. Ballentine Partners LLC now owns 24,863 shares of the company’s stock worth $916,000 after buying an additional 407 shares in the last quarter.

Yum China Holdings Inc (NASDAQ YUMC) opened at 35.80 on Friday. Yum China Holdings Inc has a 1-year low of $23.79 and a 1-year high of $42.12. The stock’s 50 day moving average is $36.72 and its 200-day moving average is $34.09. The company has a market capitalization of $13.72 billion and a P/E ratio of 26.32.

Yum China Holdings (NASDAQ:YUMC) last released its quarterly earnings results on Wednesday, July 5th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.60 billion. Yum China Holdings had a net margin of 7.09% and a return on equity of 16.35%. Yum China Holdings’s revenue for the quarter was up .4% compared to the same quarter last year. On average, 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 brokerages have commented on YUMC. Zacks Investment Research upgraded shares of Yum China Holdings from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a research note on Friday, May 19th. Oppenheimer Holdings, Inc. upped 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) restated 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. Bank of America Corporation restated a “neutral” rating and issued a $41.60 target price on shares of Yum China Holdings in a research note on Sunday, July 30th. Finally, Deutsche Bank AG downgraded shares of Yum China Holdings from a “buy” rating to a “hold” rating and upped their target price for the stock from $34.72 to $36.61 in a research note on Thursday, July 6th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. Yum China Holdings presently has an average rating of “Hold” and an average price target of $37.56.

In other news, insider Mark Chu sold 22,184 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $37.72, for a total value of $836,780.48. Following the sale, the insider now directly owns 23,457 shares of the company’s stock, valued at approximately $884,798.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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.

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

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