Evermay Wealth Management LLC Trims Stake in Yum China Holdings, Inc. (NYSE:YUMC)

Evermay Wealth Management LLC decreased its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 89.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 880 shares of the company’s stock after selling 7,625 shares during the quarter. Evermay Wealth Management LLC’s holdings in Yum China were worth $40,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Eagle Bay Advisors LLC lifted its stake in shares of Yum China by 53.7% during the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after buying an additional 380 shares during the period. LRI Investments LLC acquired a new stake in shares of Yum China during the first quarter worth $36,000. Pathway Financial Advisers LLC acquired a new stake in shares of Yum China during the first quarter worth $39,000. McClarren Financial Advisors Inc. increased its stake in Yum China by 906.5% in the third 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. Finally, National Bank of Canada FI increased its stake in Yum China by 140.3% in the second quarter. National Bank of Canada FI now owns 1,490 shares of the company’s stock valued at $45,000 after purchasing an additional 870 shares during the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Jeff Kuai acquired 3,900 shares of Yum China stock in a transaction on Tuesday, August 13th. The shares were bought at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the completion of the purchase, the insider now directly owns 3,900 shares in the company, valued at $127,608. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, insider Warton Wang purchased 3,700 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average cost of $34.67 per share, with a total value of $128,279.00. Following the acquisition, the insider now owns 25,023 shares in the company, valued at approximately $867,547.41. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jeff Kuai acquired 3,900 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was purchased at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the acquisition, the insider now directly owns 3,900 shares in the company, valued at $127,608. The disclosure for this purchase can be found here. In the last three months, insiders acquired 18,400 shares of company stock valued at $619,671. Company insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on YUMC shares. Citigroup upgraded Yum China to a “strong-buy” rating in a report on Monday, September 30th. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and boosted their target price for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $46.18.

Yum China Stock Performance

Shares of NYSE:YUMC opened at $44.69 on Thursday. The business has a 50-day moving average of $39.97 and a two-hundred day moving average of $36.25. The firm has a market capitalization of $17.41 billion, a PE ratio of 22.46, a P/E/G ratio of 1.62 and a beta of 0.35. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.09. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.91.

Yum China (NYSE:YUMC) last posted its earnings results on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.08. The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.76 billion. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The company’s revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.47 EPS. As a group, research analysts forecast that Yum China Holdings, Inc. will post 2.23 earnings per share for the current year.

Yum China Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th were issued a dividend of $0.16 per share. The ex-dividend date was Tuesday, August 27th. This represents a $0.64 annualized dividend and a dividend yield of 1.43%. Yum China’s payout ratio is 32.16%.

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.