Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Bamco Inc. NY

Bamco Inc. NY cut its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 17.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 392,632 shares of the company’s stock after selling 82,713 shares during the period. Bamco Inc. NY owned approximately 0.10% of Yum China worth $17,676,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of YUMC. Eagle Bay Advisors LLC lifted its stake in shares of Yum China by 53.7% in 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 in the last quarter. Farther Finance Advisors LLC lifted 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 in the last quarter. McClarren Financial Advisors Inc. grew its stake in Yum China by 906.5% during the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after buying an additional 834 shares during the period. National Bank of Canada FI increased its position in shares of Yum China by 140.3% in the second quarter. National Bank of Canada FI now owns 1,490 shares of the company’s stock worth $45,000 after acquiring an additional 870 shares in the last quarter. Finally, Mather Group LLC. raised its stake in shares of Yum China by 172.1% in the 2nd quarter. Mather Group LLC. now owns 1,641 shares of the company’s stock valued at $51,000 after acquiring an additional 1,038 shares during the period. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $47.47, for a total transaction of $302,716.19. Following the sale, the insider now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.30% of the stock is owned by corporate insiders.

Yum China Stock Performance

Shares of YUMC opened at $46.61 on Tuesday. The firm has a market capitalization of $17.70 billion, a PE ratio of 20.62, a P/E/G ratio of 1.65 and a beta of 0.36. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average price of $46.28 and a 200 day moving average price of $37.83. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00.

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

Yum China Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be given a $0.16 dividend. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 annualized dividend and a yield of 1.37%. Yum China’s dividend payout ratio (DPR) is 28.32%.

Analysts Set New Price Targets

Several research analysts have commented on the company. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Macquarie raised 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 research report on Tuesday, August 6th. Citigroup raised shares of Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Finally, JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Yum China has a consensus rating of “Buy” and a consensus price target of $51.68.

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.