North Star Asset Management Inc. Has $2.45 Million Holdings in Yum China Holdings Inc (YUMC)

North Star Asset Management Inc. decreased its holdings in shares of Yum China Holdings Inc (NYSE:YUMC) by 4.4% during the third quarter, Holdings Channel reports. The institutional investor owned 69,768 shares of the company’s stock after selling 3,215 shares during the period. North Star Asset Management Inc.’s holdings in Yum China were worth $2,450,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Kovack Advisors Inc. grew its stake in shares of Yum China by 24.8% during the third quarter. Kovack Advisors Inc. now owns 7,583 shares of the company’s stock valued at $266,000 after buying an additional 1,505 shares during the last quarter. Atria Investments LLC grew its stake in shares of Yum China by 28.1% during the second quarter. Atria Investments LLC now owns 9,081 shares of the company’s stock valued at $349,000 after buying an additional 1,990 shares during the last quarter. Pennsylvania Trust Co grew its stake in shares of Yum China by 30.7% during the second quarter. Pennsylvania Trust Co now owns 8,718 shares of the company’s stock valued at $335,000 after buying an additional 2,050 shares during the last quarter. Boyd Watterson Asset Management LLC OH grew its stake in shares of Yum China by 8.9% during the second quarter. Boyd Watterson Asset Management LLC OH now owns 25,057 shares of the company’s stock valued at $964,000 after buying an additional 2,055 shares during the last quarter. Finally, Baldwin Investment Management LLC grew its stake in shares of Yum China by 27.3% during the second quarter. Baldwin Investment Management LLC now owns 9,785 shares of the company’s stock valued at $376,000 after buying an additional 2,100 shares during the last quarter. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Angela Ai sold 4,529 shares of the stock in a transaction that occurred on Friday, September 7th. The stock was sold at an average price of $38.25, for a total value of $173,234.25. Following the transaction, the insider now owns 9,000 shares of the company’s stock, valued at $344,250. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.37% of the stock is owned by corporate insiders.



A number of research analysts have recently commented on YUMC shares. Bank of America cut Yum China from a “neutral” rating to an “underperform” rating and cut their target price for the company from $44.30 to $34.00 in a research note on Thursday, July 19th. Oppenheimer cut Yum China from an “outperform” rating to a “market perform” rating and set a $33.00 target price on the stock. in a research note on Friday, August 17th. UBS Group cut Yum China from an “outperform” rating to a “market perform” rating in a research note on Friday, August 17th. Zacks Investment Research raised Yum China from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 18th. Finally, Macquarie cut Yum China from an “outperform” rating to a “neutral” rating in a research note on Thursday, August 2nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Yum China currently has an average rating of “Hold” and an average target price of $42.50.

Shares of NYSE:YUMC opened at $31.20 on Tuesday. Yum China Holdings Inc has a 52-week low of $30.10 and a 52-week high of $48.75. The company has a market capitalization of $12.16 billion, a P/E ratio of 21.97, a PEG ratio of 1.47 and a beta of 1.12. The company has a current ratio of 1.74, a quick ratio of 1.51 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Wednesday, August 1st. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.03. Yum China had a return on equity of 20.94% and a net margin of 6.45%. The company had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $2.10 billion. During the same quarter in the prior year, the firm earned $0.27 earnings per share. Yum China’s revenue was up 12.3% compared to the same quarter last year. As a group, equities research analysts predict that Yum China Holdings Inc will post 1.51 earnings per share for the current fiscal year.

Yum China Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, and Little Sheep brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, and Mexican-style food categories.

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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