Economy

Yum China Holdings, Inc. (:YUMC) Charts Reveal Positive Trend

The institutional investor owned 92,923 shares of the company's stock after purchasing an additional 91,737 shares during the period. Brands worth $304,498,000 at the end of the most recent reporting period. The rating was downgraded by Goldman Sachs to "Neutral" on Friday, May 5.

Shares of Yum China Holdings Inc (NASDAQ YUMC) traded up 0.28% during midday trading on Friday, hitting $39.95. Finally, Taurus Asset Management LLC acquired a new stake in Yum China Holdings during the 2nd quarter valued at approximately $212,000. The Toronto Dominion Bank holds 1.26M shares with $65.55 million value, down from 1.36 million last quarter. L P increased its position in shares of Yum! Brands by 0.3% during the 1st quarter. Brands by 82.4% in the first quarter. Brands by 6.0% during the 1st quarter. Wetherby Asset Management Inc. now owns 10,688 shares of the company's stock worth $421,000 after purchasing an additional 344 shares in the last quarter.

Shares of Yum! Brands, Inc. has a one year low of $59.57 and a one year high of $78.14.

In order to tell which way a stock is trending, the stock's share price should be compared to its moving average. The company has market cap of $26.37 billion.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.61 by $0.07. The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.42 billion. Yum! Yum China Holdings had a return on equity of 16.35% and a net margin of 7.09%. The business's revenue was up.4% compared to the same quarter previous year. In terms of moving averages, the 200-day is now at 0.56, the 50-day is 0.59, and the 7-day is resting at 0.59. On average, equities research analysts predict that Yum! Brands, Inc. will post $2.81 EPS for the current year. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of US and worldwide trademark & copyright law. The legal version of this article can be read at https://www.dispatchtribunal.com/2017/09/22/northern-trust-corp-has-304-50-million-position-in-yum-brands-inc-yum.html.

In other Yum China Holdings news, insider Mark Chu sold 22,184 shares of the business's stock in a transaction on Thursday, August 17th. Ballentine Partners LLC now owns 24,863 shares of the company's stock valued at $916,000 after acquiring an additional 407 shares in the last quarter. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The disclosure for this sale can be found here.

A number of brokerages recently weighed in on YUMC. The Street has a $41.66 target price on the shares for the next 12-18 months. Oppenheimer maintained it with "Buy" rating and $85.0 target in Thursday, September 14 report. Cowen & Co maintained the shares of YUM in report on Friday, September 8 with "Buy" rating. Brands in a report on Tuesday, May 30th. Zacks Investment Research raised shares of Yum! UBS maintained it with "Buy" rating and $116 target in Wednesday, July 1 report. The firm has "Buy" rating by Goldman Sachs given on Tuesday, January 17. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $83.00 price objective on shares of Yum!

Among 6 analysts covering Yum China (NYSE:YUMC), 3 have Buy rating, 1 Sell and 2 Hold. The stock of U.S. Bancorp (NYSE:USB) earned "Hold" rating by Keefe Bruyette & Woods on Wednesday, September 13.

Digging deeping into the China Ting Group Holdings Ltd (3398.HK) 's technical indicators, we note that the Williams Percent Range or 14 day Williams %R now sits at -40.00. As of December 31, 2016, the Company had over 7,500 restaurants in China. 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.

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