Bahl & Gaynor Inc. Buys Shares of 17,312 Yum China Holdings Inc (YUMC)

Bahl & Gaynor Inc. bought a new stake in shares of Yum China Holdings Inc (NASDAQ:YUMC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 17,312 shares of the company’s stock, valued at approximately $453,000.

Other large investors have also recently bought and sold shares of the company. FNY Partners Fund LP lifted its position in Yum China Holdings by 3,600.0% during the first quarter. FNY Partners Fund LP now owns 3,700 shares of the company’s stock valued at $100,000 after acquiring an additional 3,600 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in Yum China Holdings by 3.9% during the second quarter. Parkside Financial Bank & Trust now owns 2,719 shares of the company’s stock valued at $107,000 after acquiring an additional 102 shares during the last quarter. Nippon Life Insurance Co. purchased a new stake in Yum China Holdings during the second quarter valued at approximately $162,000. Parthenon LLC purchased a new stake in Yum China Holdings during the second quarter valued at approximately $209,000. Finally, Taurus Asset Management LLC purchased a new stake in Yum China Holdings during the second quarter valued at approximately $212,000.

Yum China Holdings Inc (NASDAQ:YUMC) opened at 38.86 on Tuesday. Yum China Holdings Inc has a 52 week low of $23.79 and a 52 week high of $39.98. The firm’s 50-day moving average is $37.04 and its 200-day moving average is $35.53. The firm has a market cap of $14.90 billion and a price-to-earnings ratio of 28.57.

Yum China Holdings (NASDAQ:YUMC) last issued its quarterly earnings data on Wednesday, July 5th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. The business had revenue of $1.59 billion during 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%. The company’s quarterly revenue was up .4% compared to the same quarter last year. On average, equities analysts anticipate that Yum China Holdings Inc will post $1.46 earnings per share for the current year.

A number of equities research analysts recently commented on YUMC shares. Zacks Investment Research cut shares of Yum China Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, May 30th. J P Morgan Chase & Co assumed 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 target on the stock. Morgan Stanley upped their price target 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. Oppenheimer Holdings, Inc. upped their price target on shares of Yum China Holdings from $35.00 to $43.00 in a research note on Thursday, July 6th. Finally, Deutsche Bank AG lowered shares of Yum China Holdings from a “buy” rating to a “hold” rating and upped their price target for the company from $34.72 to $36.61 in a research note on Thursday, July 6th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. Yum China Holdings has an average rating of “Hold” and an average price target of $38.68.

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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 transaction of $836,780.48. Following the completion of the sale, the insider now owns 23,457 shares in the company, valued at approximately $884,798.04. The sale 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.

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

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