Evermay Wealth Management LLC Trims Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Evermay Wealth Management LLC decreased its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 89.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 880 shares of the company’s stock after selling 7,625 shares during the quarter. Evermay Wealth Management LLC’s holdings in Yum China were worth $40,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. GUARDCAP ASSET MANAGEMENT Ltd grew its stake in Yum China by 38.4% during the 1st quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company’s stock worth $486,391,000 after buying an additional 3,389,987 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Yum China by 1.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 11,967,353 shares of the company’s stock worth $369,073,000 after acquiring an additional 121,617 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Yum China by 18.9% in the 2nd quarter. Principal Financial Group Inc. now owns 5,256,309 shares of the company’s stock valued at $162,135,000 after acquiring an additional 836,194 shares during the period. Mondrian Investment Partners LTD raised its position in Yum China by 56.3% in the 2nd quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company’s stock valued at $133,203,000 after purchasing an additional 1,582,859 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Yum China by 0.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,552,629 shares of the company’s stock worth $159,939,000 after purchasing an additional 11,535 shares during the period. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Trading Up 0.4 %

Shares of Yum China stock opened at $44.69 on Thursday. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01. The firm has a market cap of $17.41 billion, a price-to-earnings ratio of 22.46, a price-to-earnings-growth ratio of 1.62 and a beta of 0.35. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.91. The company’s 50-day simple moving average is $39.97 and its 200-day simple moving average is $36.25.

Yum China (NYSE:YUMC) last released its earnings results on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.08. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter in the previous year, the firm posted $0.47 EPS. The firm’s quarterly revenue was up .9% on a year-over-year basis. As a group, equities research analysts anticipate that Yum China Holdings, Inc. will post 2.23 earnings per share for the current year.

Yum China Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 17th. Shareholders of record on Tuesday, August 27th were given a dividend of $0.16 per share. The ex-dividend date was Tuesday, August 27th. This represents a $0.64 annualized dividend and a dividend yield of 1.43%. Yum China’s payout ratio is currently 32.16%.

Insiders Place Their Bets

In related news, insider Jeff Kuai acquired 3,900 shares of Yum China stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the completion of the purchase, the insider now directly owns 3,900 shares of the company’s stock, valued at approximately $127,608. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Joey Wat bought 3,800 shares of the stock in a transaction on Wednesday, August 14th. The shares were bought at an average price of $33.98 per share, with a total value of $129,124.00. Following the completion of the acquisition, the chief executive officer now owns 272,944 shares of the company’s stock, valued at approximately $9,274,637.12. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeff Kuai purchased 3,900 shares of the business’s stock in a transaction dated Tuesday, August 13th. The shares were purchased at an average cost of $32.72 per share, with a total value of $127,608.00. Following the purchase, the insider now directly owns 3,900 shares in the company, valued at approximately $127,608. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 18,400 shares of company stock worth $619,671. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

YUMC has been the subject of a number of research reports. Citigroup raised shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and increased their price objective for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Yum China currently has a consensus rating of “Moderate Buy” and an average target price of $46.18.

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.