Kentucky Trust Co Takes $29,000 Position in Yum China Holdings, Inc. (NYSE:YUMC)

Kentucky Trust Co acquired a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 600 shares of the company’s stock, valued at approximately $29,000.

Several other institutional investors have also recently modified their holdings of YUMC. Farther Finance Advisors LLC boosted its holdings 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 acquiring an additional 258 shares during the period. McClarren Financial Advisors Inc. boosted its holdings 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 acquiring an additional 834 shares during the period. Concord Wealth Partners boosted its holdings 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 acquiring an additional 570 shares during the period. 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 Yum China during the 3rd quarter valued at about $110,000. 85.58% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other 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 value of $302,716.19. Following the completion of the transaction, the insider now owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. This represents a 27.70 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on YUMC. JPMorgan Chase & Co. upgraded 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 report on Tuesday, November 5th. StockNews.com cut Yum China from a “buy” rating to a “hold” rating in a report on Sunday. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $49.57.

Yum China Trading Up 1.7 %

NYSE YUMC opened at $48.30 on Thursday. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The stock has a 50 day simple moving average of $46.90 and a two-hundred day simple moving average of $42.82. The stock has a market cap of $18.34 billion, a P/E ratio of 20.73, a price-to-earnings-growth ratio of 1.50 and a beta of 0.33.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. On average, analysts forecast that Yum China Holdings, Inc. will post 2.55 earnings per share for the current year.

Yum China Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a $0.24 dividend. The ex-dividend date is Thursday, March 6th. This represents a $0.96 annualized dividend and a yield of 1.99%. This is a boost from Yum China’s previous quarterly dividend of $0.16. Yum China’s dividend payout ratio (DPR) is 27.47%.

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.