BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Decreases Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp cut its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 2.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 152,350 shares of the company’s stock after selling 3,400 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Yum China were worth $6,859,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Value Partners Investments Inc. boosted its stake in shares of Yum China by 27.4% during the third quarter. Value Partners Investments Inc. now owns 255,950 shares of the company’s stock valued at $11,523,000 after purchasing an additional 55,000 shares during the period. California State Teachers Retirement System boosted its position in Yum China by 15.3% during the 1st quarter. California State Teachers Retirement System now owns 127,693 shares of the company’s stock valued at $5,081,000 after buying an additional 16,981 shares during the period. Waverton Investment Management Ltd grew its holdings in Yum China by 350.7% in the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock worth $189,202,000 after acquiring an additional 3,270,560 shares during the last quarter. GSA Capital Partners LLP increased its position in shares of Yum China by 100.2% in the third quarter. GSA Capital Partners LLP now owns 35,760 shares of the company’s stock valued at $1,610,000 after acquiring an additional 17,898 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in shares of Yum China by 171.7% during the second quarter. Thrivent Financial for Lutherans now owns 2,069,134 shares of the company’s stock valued at $63,812,000 after acquiring an additional 1,307,574 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

YUMC has been the topic of a number of research analyst reports. Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and boosted their price target for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Citigroup raised Yum China to a “strong-buy” rating in a research note on Monday, September 30th. Finally, StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $51.68.

Yum China Trading Down 0.5 %

YUMC opened at $46.55 on Monday. The stock has a market cap of $17.68 billion, a PE ratio of 20.60, a PEG ratio of 1.65 and a beta of 0.36. The business has a 50 day moving average of $46.08 and a 200-day moving average of $37.78. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week 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.

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

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be issued a dividend of $0.16 per share. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.37%. Yum China’s payout ratio is 28.32%.

Insider Transactions 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 completion of the transaction, the insider now owns 16,641 shares of the company’s stock, valued at $789,948.27. The trade was a 27.70 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.30% of the company’s stock.

Yum China Company 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.