Stock Yards Bank & Trust Co. Reduces Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Stock Yards Bank & Trust Co. trimmed its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 28.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,628 shares of the company’s stock after selling 3,369 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Yum China were worth $416,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC raised its holdings in Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after purchasing an additional 258 shares during the period. McClarren Financial Advisors Inc. lifted its stake 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 in the last quarter. Concord Wealth Partners boosted its holdings in Yum China by 56.9% in the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after buying an additional 570 shares during the period. Eastern Bank purchased a new stake in Yum China in the 3rd quarter worth $103,000. Finally, Prospera Private Wealth LLC purchased a new position in shares of Yum China in the third quarter valued at about $110,000. Institutional investors own 85.58% of the company’s stock.

Yum China Stock Performance

NYSE YUMC opened at $45.06 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $52.00. The business has a 50 day simple moving average of $46.77 and a two-hundred day simple moving average of $42.04. The stock has a market capitalization of $17.11 billion, a PE ratio of 19.94, a P/E/G ratio of 1.40 and a beta of 0.33.

Yum China (NYSE:YUMC) last posted its 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. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. Yum China’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period last year, the firm posted $0.59 earnings per share. On average, research analysts predict that Yum China Holdings, Inc. will post 2.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the transaction, the insider now owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on YUMC shares. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $49.57.

Yum China 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.