Motley Fool Asset Management LLC Sells 7,315 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Motley Fool Asset Management LLC lessened its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 3.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 214,756 shares of the company’s stock after selling 7,315 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Yum China were worth $10,169,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Farther Finance Advisors LLC raised its position in Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after purchasing an additional 258 shares during the last quarter. McClarren Financial Advisors Inc. raised its position in shares of 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 acquiring an additional 834 shares during the last quarter. Eagle Bay Advisors LLC raised its position 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 worth $34,000 after acquiring an additional 380 shares during the last quarter. National Bank of Canada FI raised its position in shares of Yum China by 140.3% during 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 during the last quarter. Finally, Concord Wealth Partners raised its position in shares of Yum China by 56.9% during the third quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after acquiring an additional 570 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

Yum China Trading Up 1.1 %

NYSE YUMC opened at $47.14 on Wednesday. The stock has a 50-day simple moving average of $46.45 and a 200 day simple moving average of $37.89. The company has a market capitalization of $17.90 billion, a PE ratio of 20.86, a P/E/G ratio of 1.65 and a beta of 0.36. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00.

Yum China (NYSE:YUMC) last released 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 during the quarter, compared to the consensus estimate of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.59 earnings per share. Research analysts forecast that Yum China Holdings, Inc. will post 2.33 EPS for the current 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 issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.36%. Yum China’s dividend payout ratio (DPR) is currently 28.32%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on YUMC shares. Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and boosted their target price for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. 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, JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $51.68.

Insiders Place Their Bets

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the completion of the sale, the insider now directly owns 16,641 shares in the company, valued at $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.30% of the company’s stock.

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.