Yum China Holdings, Inc. (NYSE:YUMC) Position Increased by River Global Investors LLP

River Global Investors LLP raised its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 20.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 53,356 shares of the company’s stock after purchasing an additional 9,141 shares during the period. River Global Investors LLP’s holdings in Yum China were worth $2,402,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in YUMC. Eagle Bay Advisors LLC boosted its holdings in shares of Yum China by 53.7% during the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after acquiring an additional 380 shares during the period. LRI Investments LLC acquired a new position in shares of Yum China during the first quarter valued at $36,000. Farther Finance Advisors LLC boosted its holdings in shares of Yum China by 43.9% during the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after acquiring an additional 258 shares during the period. Pathway Financial Advisers LLC acquired a new position in shares of Yum China during the first quarter valued at $39,000. Finally, McClarren Financial Advisors Inc. boosted its holdings in shares of 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 acquiring an additional 834 shares during the period. Institutional investors own 85.58% of the company’s stock.

Yum China Price Performance

YUMC stock traded down $2.15 during trading on Friday, hitting $49.31. The company had a trading volume of 2,433,096 shares, compared to its average volume of 3,194,609. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $18.96 billion, a price-to-earnings ratio of 21.82, a P/E/G ratio of 1.76 and a beta of 0.36. The business has a 50 day moving average of $42.22 and a 200 day moving average of $36.83.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The company had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the prior year, the company earned $0.59 EPS. Yum China’s revenue was up 5.4% on a year-over-year basis. As a group, research analysts predict that Yum China Holdings, Inc. will post 2.31 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Tuesday, November 26th. Yum China’s payout ratio is 28.32%.

Insider Buying and Selling at Yum China

In other Yum China news, insider Jeff Kuai purchased 3,900 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was bought 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 of the company’s stock, valued at $127,608. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, insider Jeff Kuai acquired 3,900 shares of Yum China stock in a transaction on Tuesday, August 13th. The stock was bought at an average cost of $32.72 per share, with a total value of $127,608.00. Following the completion of the purchase, the insider now owns 3,900 shares of the company’s stock, valued at $127,608. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Warton Wang acquired 3,700 shares of Yum China stock in a transaction on Friday, August 16th. The shares were purchased at an average cost of $34.67 per share, with a total value of $128,279.00. Following the completion of the purchase, the insider now directly owns 25,023 shares of the company’s stock, valued at approximately $867,547.41. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders acquired 18,400 shares of company stock valued at $619,671. 0.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on YUMC. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and upped their price objective 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. Finally, StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a report on Wednesday. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Yum China has a consensus rating of “Buy” and an average price target of $51.68.

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.