NA Takes Position in Yum China Holdings Inc (YUMC)

Paterniano Del Favero
Luglio 15, 2017

NA acquired a new stake in Yum China Holdings Inc (NASDAQ:YUMC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

ILLEGAL ACTIVITY WARNING: "Yum!"

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Cipher Capital LP now owns 127,712 shares of the restaurant operator's stock valued at $8,161,000 after buying an additional 91,902 shares during the last quarter. BidaskClub cut shares of Yum! Brands during the first quarter valued at $6,256,000. BlackRock Inc. now owns 21,219,447 shares of the company's stock valued at $577,170,000 after buying an additional 20,724,885 shares during the last quarter.

Yum China Holdings Inc (NYSE:YUMC) now has a trailing P/E of 27.24 while its forward P/E according to Thomson Reuters is 22.59. AXA raised its position in shares of Yum! Brands by 3.0% in the fourth quarter. AXA now owns 565,885 shares of the restaurant operator's stock valued at $36,160,000 after buying an additional 376,154 shares during the last quarter.

News headlines about Yum! Brands by 1,222.1% in the first quarter. Yum China Holdings Inc has a 52-week low of $23.79 and a 52-week high of $42.12. Zacks Investment Research cut shares of Yum China Holdings from a hold rating to a sell rating in a report on Friday, April 7th.

The Stock traded with an actual day volume of 3.06 Million and average volume of 3.39 Million respectively. The company has a market capitalization of $14.31 billion and a PE ratio of 27.45. The stock's 50 day moving average is $38.56 and its 200 day moving average is $30.87.

Yum! Brands (NYSE:YUM) last released its earnings results on Wednesday, May 3rd. The restaurant operator reported $0.65 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.05. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.38 billion. Yum! Brands had a net margin of 15.44% and a negative return on equity of 37.63%. Yum China Holdings's revenue was up.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.95 EPS. Brands, Inc. will post $2.77 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 4th. Shareholders of record on Friday, July 14th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, July 12th. Yum! This represents a $1.20 annualized dividend and a yield of 1.63%. Brands's dividend payout ratio is now 31.17%.

TRADEMARK VIOLATION NOTICE: This article was first reported by Community Financial News and is the property of of Community Financial News. Sells 32 Shares of Yum! The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/07/14/atlantic-trust-group-llc-buys-4909-shares-of-yum-brands-inc-yum-updated-updated-updated.html. If you are reading this report on another website, it was illegally stolen and reposted in violation of USA & worldwide trademark and copyright legislation. Brands from a "sell" rating to a "neutral" rating and raised their price target for the company from $57.00 to $65.00 in a report on Thursday, May 11th. Zacks Investment Research lowered shares of Yum! Finally, CIBC increased their price objective on Yum China Holdings from $33.00 to $35.00 and gave the stock an "outperform" rating in a research report on Monday, April 10th.

04/21/2017 - BMO Capital Markets began new coverage on Yum!

05/26/2017 - Yum! Brands, Inc. had its " rating reiterated by analysts at Instinet. They now have a $41.00 price objective on the stock. Deutsche Bank AG reaffirmed a "hold" rating and set a $71.00 price objective (up previously from $68.00) on shares of Yum! Brands in a report on Tuesday, May 30th. Brands from $75.00 to $78.00 and gave the company an "outperform" rating in a report on Tuesday, May 30th. Brands from a "hold" rating to a "buy" rating and set a $72.00 price target on the stock in a research report on Wednesday, April 12th. Fifteen analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of "Buy" and a consensus target price of $76.84. Also, CEO Brian R. Niccol sold 1,471 shares of the firm's stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $72.64, for a total value of $106,853.44. Following the sale, the insider now owns 22,855 shares in the company, valued at $767,928. Also, Director Louis Hsieh purchased 30,000 shares of the company's stock in a transaction that occurred on Wednesday, May 17th. The shares were purchased at an average price of $34.85 per share, for a total transaction of $1,045,500.00. Following the sale, the chief executive officer now owns 6,719 shares in the company, valued at $495,996.58. The disclosure for this sale can be found here.

As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands.

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