Investment Centers of America Inc. lifted its holdings in Yum China Holdings Inc (NASDAQ:YUMC) by 12.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,670 shares of the company’s stock after purchasing an additional 2,203 shares during the quarter. Investment Centers of America Inc.’s holdings in Yum China Holdings were worth $774,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in YUMC. BlackRock Inc. grew its stake in shares of 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 purchasing an additional 20,724,885 shares in the last quarter. Prudential Financial Inc. grew its stake in shares of Yum China Holdings by 879.0% in the second quarter. Prudential Financial Inc. now owns 3,346,404 shares of the company’s stock worth $131,949,000 after purchasing an additional 3,004,600 shares in the last quarter. Old Mutual Global Investors UK Ltd. grew its stake in shares of Yum China Holdings by 217.9% in the second quarter. Old Mutual Global Investors UK Ltd. now owns 2,644,700 shares of the company’s stock worth $104,280,000 after purchasing an additional 1,812,900 shares in the last quarter. Iridian Asset Management LLC CT bought a new position in shares of Yum China Holdings in the second quarter worth $61,508,000. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in shares of Yum China Holdings by 2,213.7% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 1,579,681 shares of the company’s stock worth $42,967,000 after purchasing an additional 1,511,405 shares in the last quarter.

Shares of Yum China Holdings Inc (NASDAQ YUMC) traded up 1.14% during mid-day trading on Friday, hitting $37.38. The stock had a trading volume of 2,694,094 shares. The firm’s 50-day moving average price is $36.67 and its 200 day moving average price is $32.15. The stock has a market cap of $14.33 billion and a price-to-earnings ratio of 27.49. Yum China Holdings Inc has a 12-month low of $23.79 and a 12-month high of $37.71.

Yum China Holdings (NASDAQ:YUMC) last released its earnings results on Wednesday, July 5th. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.03. The company had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.60 billion. Yum China Holdings had a return on equity of 16.35% and a net margin of 7.09%. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. Equities analysts forecast that Yum China Holdings Inc will post $1.46 EPS for the current fiscal year.

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Several research analysts have recently issued reports on the company. Zacks Investment Research raised Yum China Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $35.90 price target (up previously from $33.10) on shares of Yum China Holdings in a research note on Thursday, July 6th. Oppenheimer Holdings, Inc. increased their price target on Yum China Holdings from $35.00 to $43.00 in a research note on Thursday, July 6th. Bank of America Corporation reissued a “neutral” rating and issued a $41.60 price target on shares of Yum China Holdings in a research note on Sunday, July 30th. Finally, Deutsche Bank AG cut Yum China Holdings from a “buy” rating to a “hold” rating and increased their price target for the stock from $34.72 to $36.61 in a research note on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. Yum China Holdings presently has a consensus rating of “Hold” and a consensus target price of $37.56.

In other news, insider Mark Chu sold 22,184 shares of Yum China Holdings stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $37.72, for a total value of $836,780.48. Following the completion of 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 can be accessed through this link.

Yum China Holdings 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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