Davis R M Inc. Takes $267,000 Position in Yum China Holdings, Inc. (NYSE:YUMC)

Davis R M Inc. acquired a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,937 shares of the company’s stock, valued at approximately $267,000.

A number of other institutional investors also recently bought and sold shares of YUMC. Eagle Bay Advisors LLC raised its position in shares of Yum China by 53.7% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after buying an additional 380 shares during the period. LRI Investments LLC purchased a new stake in Yum China in the first quarter valued at $36,000. Farther Finance Advisors LLC lifted its stake in shares of Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after purchasing an additional 258 shares during the last quarter. Pathway Financial Advisers LLC acquired a new stake in shares of Yum China during the 1st quarter worth about $39,000. Finally, McClarren Financial Advisors Inc. raised its holdings in Yum China by 906.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after buying an additional 834 shares during the period. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Price Performance

Shares of YUMC opened at $47.60 on Tuesday. 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 fifty-two week low of $28.50 and a fifty-two week high of $52.00. The company has a market cap of $18.08 billion, a P/E ratio of 21.06, a PEG ratio of 1.67 and a beta of 0.36. The firm’s 50 day moving average price is $44.92 and its 200 day moving average price is $37.49.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the company earned $0.59 earnings per share. The company’s revenue was up 5.4% on a year-over-year basis. On average, research analysts forecast that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The business 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. This represents a $0.64 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s payout ratio is presently 28.32%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and lifted their price target for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. Citigroup upgraded Yum China to a “strong-buy” rating in a research note on Monday, September 30th. Finally, StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $51.68.

About Yum China

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.