Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB lessened its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 19.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 27,500 shares of the company’s stock after selling 6,600 shares during the period. E. Ohman J or Asset Management AB’s holdings in Yum China were worth $1,325,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in shares of Yum China by 43.9% in the third 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. McClarren Financial Advisors Inc. grew its position in Yum China by 906.5% in the third 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 period. Concord Wealth Partners boosted its position in shares of Yum China by 56.9% during the third quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after buying an additional 570 shares during the period. Eastern Bank purchased a new position in shares of Yum China during the third quarter worth $103,000. Finally, Prospera Private Wealth LLC purchased a new position in shares of Yum China during the third quarter worth $110,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Insiders Place Their Bets

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction dated 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. The trade was a 27.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.30% of the stock is owned by company insiders.

Yum China Trading Down 0.4 %

YUMC opened at $45.59 on Thursday. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The stock has a market capitalization of $17.31 billion, a price-to-earnings ratio of 20.17, a PEG ratio of 1.40 and a beta of 0.33. 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 business has a fifty day moving average price of $46.75 and a 200 day moving average price of $42.17.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $3.07 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business earned $0.59 EPS. Sell-side analysts expect that Yum China Holdings, Inc. will post 2.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

YUMC has been the subject of several research analyst reports. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a research report on Saturday, February 1st. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $49.57.

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.