Patriot Financial Group Insurance Agency LLC Has $370,000 Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Patriot Financial Group Insurance Agency LLC lessened its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMCFree Report) by 7.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,677 shares of the company’s stock after selling 637 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Yum China were worth $370,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its position in shares of Yum China by 43.9% during the 3rd 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. D.A. Davidson & CO. boosted its position in shares of Yum China by 1.3% during the 3rd quarter. D.A. Davidson & CO. now owns 23,692 shares of the company’s stock worth $1,067,000 after acquiring an additional 304 shares in the last quarter. First Citizens Bank & Trust Co. lifted its position in shares of Yum China by 2.2% during the 4th quarter. First Citizens Bank & Trust Co. now owns 14,054 shares of the company’s stock worth $677,000 after buying an additional 309 shares during the last quarter. Advisors Asset Management Inc. increased its position in Yum China by 2.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 12,659 shares of the company’s stock worth $570,000 after purchasing an additional 323 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Yum China by 1.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 21,720 shares of the company’s stock valued at $978,000 after purchasing an additional 329 shares during the last quarter. 85.58% of the stock is owned by institutional investors.

Insider Activity at Yum China

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the transaction, the insider now owns 16,641 shares in the company, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.30% of the stock is currently owned by corporate insiders.

Yum China Price Performance

Shares of NYSE:YUMC opened at $45.61 on Thursday. The stock’s 50 day moving average is $46.82 and its 200-day moving average is $41.65. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $17.32 billion, a price-to-earnings ratio of 20.18, a PEG ratio of 1.34 and a beta of 0.35.

Yum China (NYSE:YUMCGet Free Report) last announced its earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.09. The company had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. Yum China’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.59 earnings per share. Sell-side analysts forecast that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were paid a $0.16 dividend. The ex-dividend date was Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a yield of 1.40%. Yum China’s dividend payout ratio is 28.32%.

Wall Street Analyst Weigh In

YUMC has been the subject of several research analyst reports. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. StockNews.com downgraded Yum China from a “buy” rating to a “hold” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $49.57.

Check Out Our Latest Stock Report on YUMC

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.

Featured Articles

Want to see what other hedge funds are holding YUMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yum China Holdings, Inc. (NYSE:YUMCFree Report).

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

Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.