GLG Partners LP cut its holdings in shares of Yum China Holdings Inc (NASDAQ:YUMC) by 68.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 36,378 shares of the company’s stock after selling 77,284 shares during the period. GLG Partners LP’s holdings in Yum China Holdings were worth $1,434,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. BKD Wealth Advisors LLC grew its holdings in shares of Yum China Holdings by 0.4% during the 2nd quarter. BKD Wealth Advisors LLC now owns 7,547 shares of the company’s stock worth $298,000 after acquiring an additional 30 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Yum China Holdings by 3.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 2,719 shares of the company’s stock valued at $107,000 after purchasing an additional 102 shares during the period. Hall Capital Management Co. Inc. lifted its stake in shares of Yum China Holdings by 1.2% in the 2nd quarter. Hall Capital Management Co. Inc. now owns 10,126 shares of the company’s stock valued at $399,000 after purchasing an additional 118 shares during the period. QS Investors LLC lifted its stake in shares of Yum China Holdings by 1.4% in the 2nd quarter. QS Investors LLC now owns 15,270 shares of the company’s stock valued at $602,000 after purchasing an additional 204 shares during the period. Finally, Whittier Trust Co. lifted its stake in shares of Yum China Holdings by 2.4% in the 2nd quarter. Whittier Trust Co. now owns 12,501 shares of the company’s stock valued at $493,000 after purchasing an additional 297 shares during the period.

YUMC has been the topic of several recent research reports. Oppenheimer Holdings, Inc. upped their price target on Yum China Holdings from $35.00 to $43.00 in a research note on Thursday, July 6th. Zacks Investment Research upgraded shares of Yum China Holdings from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Wednesday, June 28th. Citigroup Inc. started coverage on shares of Yum China Holdings in a research report on Monday, September 18th. They issued a “buy” rating and a $51.00 target price on the stock. 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 report on Thursday, July 6th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $35.90 price target (up from $33.10) on shares of Yum China Holdings in a research note on Thursday, July 6th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $38.68.

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In other Yum China Holdings news, insider Mark Chu sold 22,184 shares of the stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $37.72, for a total transaction of $836,780.48. Following the sale, the insider now owns 23,457 shares of the company’s stock, 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 hyperlink.

Shares of Yum China Holdings Inc (NASDAQ YUMC) traded up 0.45% on Wednesday, reaching $40.49. 307,430 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $38.69 and a 200-day moving average price of $38.69. The company has a market cap of $15.52 billion and a PE ratio of 29.77. Yum China Holdings Inc has a 12-month low of $23.79 and a 12-month high of $40.99.

Yum China Holdings (NASDAQ:YUMC) last issued its quarterly earnings data on Wednesday, July 5th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The company 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 business’s revenue for the quarter was up .4% compared to the same quarter last year. Equities research analysts anticipate that Yum China Holdings Inc will post $1.47 EPS for the current fiscal year.

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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