Vontobel Holding Ltd. Has $12.27 Million Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Vontobel Holding Ltd. trimmed its position in Yum China Holdings, Inc. (NYSE:YUMCFree Report) by 4.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 272,538 shares of the company’s stock after selling 12,924 shares during the quarter. Vontobel Holding Ltd. owned about 0.07% of Yum China worth $12,270,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Applied Capital LLC FL acquired a new position in Yum China during the 3rd quarter worth $779,000. Grove Bank & Trust increased its stake in shares of Yum China by 64.3% in the third quarter. Grove Bank & Trust now owns 2,466 shares of the company’s stock worth $111,000 after purchasing an additional 965 shares during the period. Procyon Advisors LLC increased its stake in shares of Yum China by 17.7% in the third quarter. Procyon Advisors LLC now owns 14,006 shares of the company’s stock worth $631,000 after purchasing an additional 2,110 shares during the period. Valeo Financial Advisors LLC bought a new stake in Yum China during the 3rd quarter valued at approximately $217,000. Finally, UMB Bank n.a. grew its holdings in Yum China by 62.3% in the 3rd quarter. UMB Bank n.a. now owns 3,204 shares of the company’s stock valued at $144,000 after buying an additional 1,230 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on YUMC shares. Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and upped their price target for the stock from $30.00 to $37.40 in a report on Tuesday, August 6th. Citigroup raised shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $46.18.

Read Our Latest Stock Report on YUMC

Yum China Price Performance

Shares of NYSE:YUMC opened at $44.07 on Thursday. The firm has a market capitalization of $17.17 billion, a PE ratio of 22.15, a PEG ratio of 1.92 and a beta of 0.35. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.83. The business’s 50 day moving average is $38.12 and its 200-day moving average is $35.96.

Yum China (NYSE:YUMCGet Free Report) last announced its quarterly earnings results on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.08. The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.76 billion. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The business’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 EPS. Sell-side analysts predict that Yum China Holdings, Inc. will post 2.22 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th were given a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend was Tuesday, August 27th. Yum China’s dividend payout ratio (DPR) is presently 32.16%.

Insiders Place Their Bets

In related news, insider Jeff Kuai bought 3,900 shares of the company’s stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average cost of $32.72 per share, with a total value of $127,608.00. Following the acquisition, the insider now owns 3,900 shares in the company, valued at approximately $127,608. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Warton Wang purchased 3,700 shares of the business’s stock in a transaction that occurred on Friday, August 16th. The stock was purchased at an average cost of $34.67 per share, with a total value of $128,279.00. Following the acquisition, the insider now directly owns 25,023 shares of the company’s stock, valued at approximately $867,547.41. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Jeff Kuai acquired 3,900 shares of the firm’s stock in a transaction on Tuesday, August 13th. The shares were purchased at an average cost 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 disclosure for this purchase can be found here. Insiders acquired a total of 18,400 shares of company stock worth $619,671 over the last quarter. Company insiders own 0.30% of the company’s stock.

Yum China Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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