E. Ohman J or Asset Management AB Sells 6,600 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

E. Ohman J or Asset Management AB reduced its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 19.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,500 shares of the company’s stock after selling 6,600 shares during the period. E. Ohman J or Asset Management AB’s holdings in Yum China were worth $1,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in YUMC. Farther Finance Advisors LLC grew its stake in 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 purchasing an additional 258 shares during the last quarter. McClarren Financial Advisors Inc. grew its stake in 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 purchasing an additional 834 shares during the last quarter. Concord Wealth Partners grew its stake in Yum China by 56.9% during the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock valued at $71,000 after purchasing an additional 570 shares during the last quarter. Eastern Bank purchased a new stake in Yum China during the 3rd quarter valued at about $103,000. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Yum China in the third quarter worth about $110,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the 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 completion of the transaction, the insider now owns 16,641 shares of the company’s stock, valued at $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.30% of the company’s stock.

Yum China Stock Performance

Shares of YUMC stock opened at $45.59 on Thursday. The company has a market capitalization of $17.31 billion, a P/E ratio of 20.17, a P/E/G ratio of 1.40 and a beta of 0.33. The business’s 50 day moving average is $46.75 and its two-hundred day moving average is $42.17. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00.

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

Analyst Ratings Changes

YUMC has been the topic of a number of recent research reports. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a research note on Saturday, February 1st. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company 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.