CENTRAL TRUST Co Cuts Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

CENTRAL TRUST Co decreased its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 8.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,861 shares of the company’s stock after selling 420 shares during the quarter. CENTRAL TRUST Co’s holdings in Yum China were worth $234,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Waverton Investment Management Ltd increased its holdings 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 purchasing an additional 3,270,560 shares during the period. Janus Henderson Group PLC purchased a new stake in Yum China during the 3rd quarter worth about $2,177,000. GSA Capital Partners LLP increased its holdings 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 purchasing an additional 17,898 shares during the period. Grove Bank & Trust boosted its position in shares of 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 in the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in shares of Yum China by 21.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 2,510,386 shares of the company’s stock worth $113,017,000 after acquiring an additional 441,252 shares in the last quarter. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Insider Activity at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China 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 directly owns 16,641 shares in the company, valued at approximately $789,948.27. This trade represents a 27.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on YUMC shares. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $49.57.

Yum China Stock Up 1.6 %

Shares of NYSE YUMC opened at $45.72 on Wednesday. The stock has a market cap of $17.36 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 1.40 and a beta of 0.33. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00. The business has a 50-day moving average price of $46.77 and a 200 day moving average price of $42.15.

Yum China (NYSE:YUMC) last announced its earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. The firm had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The business’s revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.59 EPS. Equities research analysts forecast that Yum China Holdings, Inc. will post 2.31 earnings per share for the current year.

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.