Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Creative Planning

Creative Planning cut its position in Yum China Holdings, Inc. (NYSE:YUMC) by 5.5% during the third quarter, HoldingsChannel.com reports. The fund owned 56,807 shares of the company’s stock after selling 3,280 shares during the period. Creative Planning’s holdings in Yum China were worth $2,557,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. GUARDCAP ASSET MANAGEMENT Ltd boosted its stake in Yum China by 38.4% during the first quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company’s stock worth $486,391,000 after buying an additional 3,389,987 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Yum China by 1.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 11,967,353 shares of the company’s stock worth $369,073,000 after buying an additional 121,617 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Yum China by 18.9% during the second quarter. Principal Financial Group Inc. now owns 5,256,309 shares of the company’s stock worth $162,135,000 after buying an additional 836,194 shares during the last quarter. Mondrian Investment Partners LTD boosted its stake in Yum China by 56.3% during the second quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company’s stock worth $133,203,000 after buying an additional 1,582,859 shares during the last quarter. Finally, Earnest Partners LLC raised its position in Yum China by 39.8% in the second quarter. Earnest Partners LLC now owns 2,330,021 shares of the company’s stock valued at $72,024,000 after purchasing an additional 663,742 shares during the period. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Price Performance

YUMC stock opened at $43.63 on Monday. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $17.00 billion, a PE ratio of 21.92, a P/E/G ratio of 1.63 and a beta of 0.35. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $53.42. The business’s fifty day moving average price is $39.52 and its 200 day moving average price is $36.15.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.08. The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.76 billion. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.47 EPS. On average, sell-side analysts anticipate that Yum China Holdings, Inc. will post 2.22 EPS for the current year.

Yum China Announces Dividend

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 $0.16 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $0.64 annualized dividend and a dividend yield of 1.47%. Yum China’s dividend payout ratio is presently 32.16%.

Insider Activity at Yum China

In other news, CTO Leila Zhang acquired 4,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were purchased at an average price of $33.36 per share, for a total transaction of $133,440.00. Following the acquisition, the chief technology officer now owns 41,339 shares of the company’s stock, valued at $1,379,069.04. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Jeff Kuai purchased 3,900 shares of the stock in a transaction on 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 directly owns 3,900 shares of the company’s stock, valued at approximately $127,608. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Leila Zhang purchased 4,000 shares of the stock in a transaction on Thursday, August 15th. The shares were purchased at an average price of $33.36 per share, with a total value of $133,440.00. Following the acquisition, the chief technology officer now directly owns 41,339 shares in the company, valued at $1,379,069.04. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 18,400 shares of company stock worth $619,671. 0.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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

Yum China Company Profile

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.