Vontobel Holding Ltd. Sells 12,924 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Vontobel Holding Ltd. trimmed its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 4.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 272,538 shares of the company’s stock after selling 12,924 shares during the quarter. Vontobel Holding Ltd.’s holdings in Yum China were worth $12,270,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Industrial Alliance Investment Management Inc. increased its stake in shares of Yum China by 4.4% in the 1st quarter. Industrial Alliance Investment Management Inc. now owns 6,802 shares of the company’s stock valued at $271,000 after buying an additional 286 shares during the period. Blair William & Co. IL increased its position in Yum China by 1.2% in the second quarter. Blair William & Co. IL now owns 25,639 shares of the company’s stock worth $791,000 after purchasing an additional 302 shares during the period. Carmichael Hill & Associates Inc. increased its position in Yum China by 12.1% in the second quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company’s stock worth $103,000 after purchasing an additional 360 shares during the period. Eagle Bay Advisors LLC lifted its position in Yum China by 53.7% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after purchasing an additional 380 shares during the period. Finally, Bessemer Group Inc. boosted its stake in shares of Yum China by 14.3% in the 1st quarter. Bessemer Group Inc. now owns 3,235 shares of the company’s stock valued at $129,000 after purchasing an additional 405 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Stock Down 0.3 %

Yum China stock opened at $44.07 on Thursday. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $53.83. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.09. The firm has a market capitalization of $17.17 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 1.92 and a beta of 0.35. The company’s 50 day simple moving average is $38.12 and its 200 day simple moving average is $35.96.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.08. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.76 billion. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The firm’s revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.47 EPS. As a group, sell-side analysts anticipate that Yum China Holdings, Inc. will post 2.22 EPS for the current year.

Yum China Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend was Tuesday, August 27th. Yum China’s dividend payout ratio is currently 32.16%.

Insider Activity

In related news, insider Jeff Kuai bought 3,900 shares of the company’s stock in a transaction on Tuesday, August 13th. The shares were purchased at an average cost of $32.72 per share, for a total transaction of $127,608.00. Following the acquisition, the insider now owns 3,900 shares of the company’s stock, valued at approximately $127,608. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. In related news, insider Jeff Kuai bought 3,900 shares of Yum China stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average cost of $32.72 per share, with a total value of $127,608.00. Following the purchase, the insider now owns 3,900 shares in the company, valued at approximately $127,608. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert Blaine Aiken, Jr. purchased 3,000 shares of the company’s stock in a transaction on Friday, August 16th. The stock was purchased at an average cost of $33.74 per share, for a total transaction of $101,220.00. Following the purchase, the director now directly owns 12,088 shares in the company, valued at approximately $407,849.12. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 18,400 shares of company stock worth $619,671 in the last 90 days. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on YUMC. Citigroup raised shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and upped their target price for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.18.

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.