Glen Eagle Advisors LLC Sells 633 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Glen Eagle Advisors LLC decreased its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 43.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 836 shares of the company’s stock after selling 633 shares during the period. Glen Eagle Advisors LLC’s holdings in Yum China were worth $38,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Eagle Bay Advisors LLC grew its holdings in Yum China by 53.7% during the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after purchasing an additional 380 shares during the period. Farther Finance Advisors LLC grew its stake in shares of 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 acquiring an additional 258 shares during the period. McClarren Financial Advisors Inc. increased 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 worth $42,000 after acquiring an additional 834 shares during the last quarter. National Bank of Canada FI raised its stake in Yum China by 140.3% in the 2nd quarter. National Bank of Canada FI now owns 1,490 shares of the company’s stock valued at $45,000 after acquiring an additional 870 shares during the period. Finally, Mather Group LLC. lifted its holdings in Yum China by 172.1% during the second quarter. Mather Group LLC. now owns 1,641 shares of the company’s stock valued at $51,000 after purchasing an additional 1,038 shares during the last quarter. 85.58% of the stock is owned by institutional investors.

Yum China Price Performance

YUMC stock opened at $48.53 on Friday. The firm has a 50 day simple moving average of $46.77 and a two-hundred day simple moving average of $38.09. The stock has a market cap of $18.43 billion, a PE ratio of 21.47, a P/E/G ratio of 1.72 and a beta of 0.36. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $52.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15.

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 analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $3.07 billion for 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%. Yum China’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period last year, the firm posted $0.59 EPS. On average, analysts predict that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Yum China Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date is Tuesday, November 26th. Yum China’s dividend payout ratio (DPR) is presently 28.32%.

Insider Buying and Selling at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the company’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 transaction of $302,716.19. Following the completion of the transaction, the insider now owns 16,641 shares of the company’s stock, valued at $789,948.27. This represents a 27.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Citigroup raised shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Finally, JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $51.68.

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.