World Investment Advisors LLC Makes New Investment in Yum China Holdings, Inc. (NYSE:YUMC)

World Investment Advisors LLC purchased a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 19,291 shares of the company’s stock, valued at approximately $868,000.

Other large investors have also made changes to their positions in the company. Farther Finance Advisors LLC grew its position in Yum China by 43.9% during the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after buying an additional 258 shares during the period. McClarren Financial Advisors Inc. increased its stake 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 purchasing an additional 834 shares in the last quarter. Eagle Bay Advisors LLC raised 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 worth $34,000 after purchasing an additional 380 shares during the last quarter. National Bank of Canada FI boosted its position in Yum China by 140.3% during the second quarter. National Bank of Canada FI now owns 1,490 shares of the company’s stock worth $45,000 after purchasing an additional 870 shares in the last quarter. Finally, Concord Wealth Partners grew its holdings in Yum China by 56.9% in the third quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock valued at $71,000 after purchasing an additional 570 shares during the last quarter. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on YUMC. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and lifted their target price for the stock 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 report on Monday, September 30th. Finally, StockNews.com cut Yum China from a “buy” rating to a “hold” rating in a report on Friday. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $51.68.

Insider Buying and Selling

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the company’s 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 in the company, valued at $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.30% of the stock is currently owned by company insiders.

Yum China Stock Down 0.8 %

YUMC stock opened at $49.56 on Monday. The company has a 50 day moving average price of $46.89 and a two-hundred day moving average price of $38.60. 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 stock has a market capitalization of $18.82 billion, a P/E ratio of 21.93, a PEG ratio of 1.76 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.

Yum China (NYSE:YUMC) last released its earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. The firm had revenue of $3.07 billion for 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%. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.59 earnings per share. As a group, sell-side analysts expect that Yum China Holdings, Inc. will post 2.33 EPS for the current year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a yield of 1.29%. Yum China’s payout ratio is 28.32%.

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.