6,000 Shares in Yum China Holdings, Inc. (NYSE:YUMC) Acquired by L & S Advisors Inc

L & S Advisors Inc acquired a new stake in Yum China Holdings, Inc. (NYSE:YUMC) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,000 shares of the company’s stock, valued at approximately $270,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Eagle Bay Advisors LLC boosted its position in Yum China by 53.7% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock worth $34,000 after purchasing an additional 380 shares in the last quarter. LRI Investments LLC acquired a new position in shares of Yum China in the 1st quarter valued at $36,000. Farther Finance Advisors LLC grew its position in Yum China by 43.9% during the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after buying an additional 258 shares during the period. Pathway Financial Advisers LLC purchased a new position in Yum China in the first quarter valued at $39,000. Finally, McClarren Financial Advisors Inc. raised its position in shares of Yum China by 906.5% in the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after acquiring an additional 834 shares during the period. Institutional investors and hedge funds own 85.58% of the company’s stock.

Wall Street Analyst Weigh In

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

Yum China Stock Down 0.7 %

NYSE YUMC opened at $47.06 on Friday. Yum China Holdings, Inc. has a one year low of $28.50 and a one year 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 business has a fifty day moving average price of $44.42 and a 200 day moving average price of $37.36. The company has a market cap of $17.87 billion, a P/E ratio of 20.82, a P/E/G ratio of 1.68 and a beta of 0.36.

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

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.36%. Yum China’s dividend payout ratio (DPR) is presently 28.32%.

About Yum China

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.