Wealth Enhancement Advisory Services LLC Acquires 329 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Wealth Enhancement Advisory Services LLC grew its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 1.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 21,720 shares of the company’s stock after acquiring an additional 329 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Yum China were worth $978,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Farther Finance Advisors LLC raised its position in Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after purchasing an additional 258 shares during the last quarter. McClarren Financial Advisors Inc. raised its position in shares of Yum China by 906.5% during the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after acquiring an additional 834 shares during the last quarter. Concord Wealth Partners lifted its stake in shares of Yum China by 56.9% in the third quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after acquiring an additional 570 shares during the period. Eastern Bank bought a new stake in Yum China in the third quarter valued at approximately $103,000. Finally, Prospera Private Wealth LLC acquired a new stake in Yum China during the 3rd quarter valued at approximately $110,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Stock Performance

NYSE:YUMC opened at $43.43 on Thursday. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $16.49 billion, a P/E ratio of 19.22, a P/E/G ratio of 1.76 and a beta of 0.35. The company has a fifty day moving average of $47.47 and a 200-day moving average of $40.67. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00.

Yum China (NYSE:YUMC) last issued its earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The company had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period last year, the business posted $0.59 EPS. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Yum China Holdings, Inc. will post 2.33 EPS for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend was Tuesday, November 26th. Yum China’s dividend payout ratio is currently 28.32%.

Insider Activity at Yum China

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the transaction, the insider now owns 16,641 shares in the company, valued at $789,948.27. This trade represents a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have recently commented on YUMC. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research note on Saturday, December 21st. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and upped their price target for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. Finally, Citigroup raised Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $49.57.

Yum China 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.