YHB Investment Advisors Inc. Decreases Stake in Yum China Holdings, Inc. (NYSE:YUMC)

YHB Investment Advisors Inc. cut its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMCFree Report) by 24.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 12,189 shares of the company’s stock after selling 4,025 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Yum China were worth $549,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in YUMC. AMF Tjanstepension AB boosted its holdings in shares of Yum China by 8.4% in the first quarter. AMF Tjanstepension AB now owns 216,042 shares of the company’s stock worth $8,599,000 after acquiring an additional 16,738 shares during the period. Harbour Capital Advisors LLC purchased a new position in Yum China during the 1st quarter valued at about $360,000. Legacy Wealth Asset Management LLC increased its position in shares of Yum China by 3.9% during the first quarter. Legacy Wealth Asset Management LLC now owns 56,075 shares of the company’s stock valued at $2,231,000 after buying an additional 2,080 shares during the period. Concord Wealth Partners lifted its holdings in shares of Yum China by 61.0% in the first quarter. Concord Wealth Partners now owns 1,937 shares of the company’s stock worth $77,000 after buying an additional 734 shares in the last quarter. Finally, PBCay One RSC Ltd boosted its position in shares of Yum China by 58.9% in the first quarter. PBCay One RSC Ltd now owns 1,606,000 shares of the company’s stock valued at $63,903,000 after acquiring an additional 595,141 shares during the period. Institutional investors own 85.58% of the company’s stock.

Yum China Price Performance

YUMC stock opened at $43.51 on Friday. The firm has a 50 day simple moving average of $39.32 and a two-hundred day simple moving average of $36.15. The stock has a market cap of $16.95 billion, a PE ratio of 21.86, a P/E/G ratio of 1.63 and a beta of 0.35. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $53.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.09.

Yum China (NYSE:YUMCGet Free Report) last announced its earnings results on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.08. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period in the previous year, the business earned $0.47 earnings per share. The firm’s quarterly revenue was up .9% compared to the same quarter last year. On average, analysts predict that Yum China Holdings, Inc. will post 2.22 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th were issued a dividend of $0.16 per share. The ex-dividend date was Tuesday, August 27th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.47%. Yum China’s dividend payout ratio is 32.16%.

Insider Buying and Selling

In other Yum China news, Director Robert Blaine Aiken, Jr. purchased 3,000 shares of Yum China stock in a transaction on Friday, August 16th. The shares were acquired at an average cost of $33.74 per share, for a total transaction of $101,220.00. Following the completion of the transaction, the director now directly owns 12,088 shares of the company’s stock, valued at approximately $407,849.12. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. In other Yum China news, Director Robert Blaine Aiken, Jr. purchased 3,000 shares of the business’s stock in a transaction on Friday, August 16th. The stock was acquired at an average cost of $33.74 per share, for a total transaction of $101,220.00. Following the completion of the transaction, the director now directly owns 12,088 shares in the company, valued at approximately $407,849.12. This represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jeff Kuai acquired 3,900 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was bought at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the acquisition, the insider now owns 3,900 shares of the company’s stock, valued at approximately $127,608. The disclosure for this purchase can be found here. Insiders bought 18,400 shares of company stock worth $619,671 in the last quarter. 0.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

YUMC has been the topic of a number of analyst reports. Citigroup raised shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and increased their price objective for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $46.18.

Check Out Our Latest Research Report on Yum China

Yum China Company Profile

(Free Report)

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.

Further Reading

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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