Boyd Watterson Asset Management LLC OH lowered its position in shares of Yum China Holdings Inc (NYSE:YUMC) by 48.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 8,446 shares of the company’s stock after selling 8,030 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Yum China were worth $384,000 as of its most recent filing with the SEC.
Other institutional investors have also recently added to or reduced their stakes in the company. Intrust Bank NA grew its position in Yum China by 3.7% in the 2nd quarter. Intrust Bank NA now owns 6,766 shares of the company’s stock valued at $312,000 after buying an additional 240 shares in the last quarter. Laurel Wealth Advisors LLC grew its position in Yum China by 18.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,730 shares of the company’s stock valued at $80,000 after buying an additional 270 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in Yum China by 26.4% in the 2nd quarter. Capital Investment Advisory Services LLC now owns 1,384 shares of the company’s stock valued at $60,000 after buying an additional 289 shares in the last quarter. State of Alaska Department of Revenue grew its position in Yum China by 0.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 41,445 shares of the company’s stock valued at $1,913,000 after buying an additional 291 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its position in Yum China by 4.2% in the 2nd quarter. Rehmann Capital Advisory Group now owns 7,289 shares of the company’s stock valued at $337,000 after buying an additional 294 shares in the last quarter. Institutional investors and hedge funds own 80.61% of the company’s stock.
NYSE YUMC traded up $0.44 on Thursday, reaching $44.27. The company’s stock had a trading volume of 32,450 shares, compared to its average volume of 1,348,109. Yum China Holdings Inc has a twelve month low of $30.60 and a twelve month high of $48.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.12 and a current ratio of 1.31. The stock has a market cap of $16.28 billion, a PE ratio of 29.03, a PEG ratio of 2.68 and a beta of 1.13. The firm’s 50 day moving average is $44.86 and its two-hundred day moving average is $44.01.
Yum China (NYSE:YUMC) last issued its quarterly earnings results on Tuesday, July 30th. The company reported $0.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.09. Yum China had a net margin of 7.91% and a return on equity of 21.03%. The company had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.16 billion. During the same period in the prior year, the company earned $0.36 EPS. Yum China’s revenue was up 2.7% on a year-over-year basis. Equities research analysts anticipate that Yum China Holdings Inc will post 1.71 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Shareholders of record on Tuesday, August 27th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend was Monday, August 26th. Yum China’s payout ratio is 31.37%.
In other Yum China news, insider Angela Ai sold 13,477 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $44.74, for a total value of $602,960.98. Following the completion of the sale, the insider now directly owns 28,445 shares of the company’s stock, valued at approximately $1,272,629.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.44% of the stock is currently owned by corporate insiders.
A number of equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Yum China from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research report on Saturday, September 14th. ValuEngine lowered shares of Yum China from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $51.05.
Yum China Profile
Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, Little Sheep, and COFFii & JOY brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, and coffee categories.
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