Captrust Financial Advisors Sells 2,959 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Captrust Financial Advisors cut its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 84,737 shares of the company’s stock after selling 2,959 shares during the period. Captrust Financial Advisors’ holdings in Yum China were worth $3,815,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Value Partners Investments Inc. raised its holdings in shares of Yum China by 27.4% in the 3rd quarter. Value Partners Investments Inc. now owns 255,950 shares of the company’s stock worth $11,523,000 after buying an additional 55,000 shares in the last quarter. Waverton Investment Management Ltd grew its position in Yum China by 350.7% during the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock worth $189,202,000 after acquiring an additional 3,270,560 shares during the last quarter. GSA Capital Partners LLP grew its position in Yum China by 100.2% during the 3rd quarter. GSA Capital Partners LLP now owns 35,760 shares of the company’s stock worth $1,610,000 after acquiring an additional 17,898 shares during the last quarter. Thrivent Financial for Lutherans grew its position in Yum China by 171.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,069,134 shares of the company’s stock worth $63,812,000 after acquiring an additional 1,307,574 shares during the last quarter. Finally, Grove Bank & Trust grew its position in Yum China by 64.3% during the 3rd quarter. Grove Bank & Trust now owns 2,466 shares of the company’s stock worth $111,000 after acquiring an additional 965 shares during the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

YUMC has been the topic of a number of research analyst reports. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Citigroup upgraded Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and increased their price target for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $51.68.

Insider Transactions at Yum China

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the sale, the insider now owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. This trade represents a 27.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.30% of the stock is owned by corporate insiders.

Yum China Stock Up 1.1 %

Shares of YUMC opened at $47.14 on Wednesday. The firm has a market capitalization of $17.90 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 1.65 and a beta of 0.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The business’s fifty day moving average price is $46.45 and its two-hundred day moving average price is $37.89. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same period last year, the company earned $0.59 EPS. The firm’s revenue was up 5.4% on a year-over-year basis. On average, analysts predict that Yum China Holdings, Inc. will post 2.33 earnings per share for the current year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.36%. Yum China’s dividend payout ratio is currently 28.32%.

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.