23 September, 2017
Brands, Inc. (NYSE:YUM) by 191.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 72.04% of the company's stock. Brands were worth $4,082,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the company. Formula Growth Ltd. grew its stake in Yum China Holdings by 69.7% in the first quarter. Brands by 49.0% during the first quarter. The fund owned 55,344 shares of the restaurant operator's stock after acquiring an additional 36,344 shares during the quarter. Bronfman E.L. Rothschild L.P. raised its holdings in Yum! As of the end of the quarter Davidson Kempner Capital Management Lp had bought a total of 550,000 shares growing its position 440.0%. Brands by 0.5% during the second quarter. Short shares increased 148,212 over that timeframe. Brands by 164.5% during the 2nd quarter. MA now owns 15,321,338 shares of the company's stock valued at $416,741,000 after purchasing an additional 126,232 shares in the last quarter. Kistler Tiffany Companies LLC increased its holdings in shares of Yum! Brands by 6.0% during the 1st quarter.
In other Yum China Holdings news, insider Mark Chu sold 22,184 shares of the firm's stock in a transaction that occurred on Thursday, August 17th. The company has market cap of $195.03 million.
Shares of Yum! Brands (NYSE:YUM) opened at 75.97 on Friday. The company has a 50-day moving average of $37.42 and a 200 day moving average of $37.42. The company has market cap of $15.27 billion.
Yum China Holdings (NASDAQ:YUMC) last released its quarterly earnings data on Wednesday, July 5th. (NYSE:YUM) to report $0.65 EPS on October, 4.They anticipate $0.44 EPS change or 40.37 % from last quarter's $1.09 EPS. The company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.60 billion. Brands had a net margin of 16.76% and a negative return on equity of 24.95%. Yum! The business's revenue for the quarter was up.4% compared to the same quarter past year. Next quarter's EPS is estimated at $0.81 with next year's EPS projected to be $3.18. A popular tool among technical stock analysts is the moving average. Brands will post $2.81 EPS for the current fiscal year. If you are viewing this article on another website, it was stolen and republished in violation of US & worldwide trademark and copyright laws. The original version of this piece of content can be accessed at https://stocknewstimes.com/2017/09/22/amalgamated-bank-has-1-48-million-holdings-in-yum-china-holdings-inc-yumc.html. BlackRock Inc. now owns 27,306,495 shares of the company's stock valued at $1,076,695,000 after purchasing an additional 6,087,048 shares during the last quarter. Following the transaction, the insider now directly owns 23,457 shares in the company, valued at approximately $884,798.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The stock was sold at an average price of $74.00, for a total value of $616,864.00. The disclosure for this sale can be found here. Parallel Advisors LLC now owns 2,202 shares of the restaurant operator's stock worth $150,000 after buying an additional 609 shares during the period.
A number of other analysts have also issued reports on YUMC. Finally, UBS AG boosted their target price on shares of Yum! Brands in a report on Friday, September 8th. Brands in a report on Tuesday, May 30th. The value of the investment in Yum! Goldman Sachs upgraded the stock to "Buy" rating in Tuesday, January 17 report. CIBC increased their price objective on Yum! The firm has "Mkt Perform" rating given on Friday, November 4 by Bernstein. Exact definitions of a "buy" vary by brokerage, but in general a buy rating is better than neutral but worse than a strong buy, if the brokerage in question issues strong buy ratings. The stock has "Neutral" rating by BTIG Research on Thursday, July 14. Brands, 10 give it "Buy", 1 "Sell" rating, while 12 recommend "Hold". As per Wednesday, April 26, the company rating was maintained by Cowen & Co.
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 Firm operates through three divisions: The KFC Division, which includes the activities of the KFC concept around the world; The Pizza Hut Division, which includes the activities of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the activities of the Taco Bell concept around the world. The hedge funds in our partner's database reported: 240.48 million shares, down from 247.59 million shares in 2017Q1.
