Wiser Advisor Group LLC Cuts Stake in Yum China Holdings, Inc. (NYSE:YUMC)

Wiser Advisor Group LLC reduced its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 12.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,509 shares of the company’s stock after selling 622 shares during the quarter. Wiser Advisor Group LLC’s holdings in Yum China were worth $203,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of YUMC. Eagle Bay Advisors LLC boosted its position in Yum China by 53.7% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after buying an additional 380 shares during the last quarter. LRI Investments LLC bought a new position in shares of Yum China during the first quarter worth about $36,000. Farther Finance Advisors LLC grew its stake in Yum China by 43.9% in the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after purchasing an additional 258 shares in the last quarter. Pathway Financial Advisers LLC acquired a new position in shares of Yum China in the 1st quarter worth approximately $39,000. Finally, McClarren Financial Advisors Inc. grew its position in shares of Yum China by 906.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after buying an additional 834 shares during the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

YUMC has been the topic of several recent analyst reports. Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and lifted their target price for the company from $30.00 to $37.40 in a research note on Tuesday, August 6th. Citigroup upgraded shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and increased their target price for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. Finally, StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $51.68.

Yum China Price Performance

Shares of YUMC traded up $0.28 during midday trading on Monday, reaching $47.35. The stock had a trading volume of 240,096 shares, compared to its average volume of 3,193,621. 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 company has a market capitalization of $17.98 billion, a P/E ratio of 20.83, a P/E/G ratio of 1.67 and a beta of 0.36. The firm’s 50 day moving average price is $44.92 and its 200-day moving average price is $37.49. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00.

Yum China (NYSE:YUMC) last released its quarterly earnings data 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. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The business had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same period last year, the company posted $0.59 EPS. The company’s revenue was up 5.4% compared to the same quarter last year. On average, analysts forecast that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Announces Dividend

The company also recently announced 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 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s payout ratio is 28.32%.

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.