Patriot Financial Group Insurance Agency LLC Trims Position in Yum China Holdings, Inc. (NYSE:YUMC)

Patriot Financial Group Insurance Agency LLC decreased its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 7.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,677 shares of the company’s stock after selling 637 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Yum China were worth $370,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in YUMC. Farther Finance Advisors LLC boosted 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 valued at $38,000 after purchasing an additional 258 shares in the last quarter. McClarren Financial Advisors Inc. lifted its position in Yum China by 906.5% during the third 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. Concord Wealth Partners boosted its holdings in shares of Yum China by 56.9% during the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock valued at $71,000 after buying an additional 570 shares in the last quarter. Eastern Bank purchased a new stake in shares of Yum China in the 3rd quarter worth about $103,000. Finally, Prospera Private Wealth LLC bought a new position in shares of Yum China in the 3rd quarter worth about $110,000. 85.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on YUMC shares. StockNews.com downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $49.57.

Yum China Price Performance

Shares of NYSE:YUMC opened at $45.61 on Thursday. 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 firm has a market cap of $17.32 billion, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 1.34 and a beta of 0.35. The business has a 50-day simple moving average of $46.82 and a two-hundred day simple moving average of $41.65. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00.

Yum China (NYSE:YUMC) last issued its 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. The company had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the company posted $0.59 earnings per share. On average, analysts expect that Yum China Holdings, Inc. will post 2.33 earnings per share for the current year.

Yum China Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were issued a $0.16 dividend. The ex-dividend date was Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a yield of 1.40%. Yum China’s dividend payout ratio is currently 28.32%.

Insider Buying and Selling at Yum China

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the business’s stock in a transaction dated 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 $789,948.27. The trade was a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.30% of the stock is currently owned by corporate insiders.

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.