Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC lessened its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 9.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 189,652 shares of the company’s stock after selling 20,285 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Yum China were worth $8,538,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Value Partners Investments Inc. raised its position in shares of Yum China by 27.4% during the 3rd quarter. Value Partners Investments Inc. now owns 255,950 shares of the company’s stock worth $11,523,000 after purchasing an additional 55,000 shares during the period. Waverton Investment Management Ltd grew its stake 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 buying an additional 3,270,560 shares during the last quarter. GSA Capital Partners LLP increased its position in Yum China by 100.2% in the third quarter. GSA Capital Partners LLP now owns 35,760 shares of the company’s stock worth $1,610,000 after buying an additional 17,898 shares during the period. Thrivent Financial for Lutherans lifted its stake in Yum China by 171.7% in the second quarter. Thrivent Financial for Lutherans now owns 2,069,134 shares of the company’s stock valued at $63,812,000 after buying an additional 1,307,574 shares during the last quarter. Finally, Grove Bank & Trust boosted its holdings in shares of Yum China by 64.3% during the third quarter. Grove Bank & Trust now owns 2,466 shares of the company’s stock valued at $111,000 after acquiring an additional 965 shares during the period. Institutional investors own 85.58% of the company’s stock.

Analysts Set New Price Targets

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 boosted their price objective for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and raised their target price for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. Finally, StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $51.68.

Insider Buying and Selling

In other 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 completion of the sale, the insider now directly owns 16,641 shares of the company’s stock, valued at $789,948.27. This trade represents a 27.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.30% of the company’s stock.

Yum China Price Performance

Shares of NYSE:YUMC opened at $47.14 on Wednesday. The stock’s 50 day moving average price is $46.45 and its 200 day moving average price is $37.89. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The stock has a market cap of $17.90 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 1.65 and a beta of 0.36. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.09. The business had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The company’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.59 earnings per share. Equities research analysts anticipate that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be paid 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.