Two Sigma Advisers LP Sells 418,800 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Two Sigma Advisers LP lessened its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 34.3% during the third quarter, Holdings Channel reports. The fund owned 801,350 shares of the company’s stock after selling 418,800 shares during the period. Two Sigma Advisers LP’s holdings in Yum China were worth $36,077,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Cetera Advisors LLC boosted its holdings in shares of Yum China by 6.3% during the 1st quarter. Cetera Advisors LLC now owns 6,823 shares of the company’s stock worth $272,000 after buying an additional 406 shares during the period. Mather Group LLC. boosted its holdings in shares of Yum China by 172.1% during the second quarter. Mather Group LLC. now owns 1,641 shares of the company’s stock worth $51,000 after acquiring an additional 1,038 shares during the period. CWM LLC grew its position in shares of Yum China by 53.5% in the second quarter. CWM LLC now owns 9,972 shares of the company’s stock valued at $308,000 after purchasing an additional 3,477 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Yum China by 21.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 20,747 shares of the company’s stock worth $640,000 after purchasing an additional 3,672 shares during the period. Finally, Naples Global Advisors LLC lifted its holdings in Yum China by 16.6% during the 2nd quarter. Naples Global Advisors LLC now owns 42,514 shares of the company’s stock worth $1,311,000 after purchasing an additional 6,046 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Analyst Ratings Changes

YUMC has been the topic of a number of research reports. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. Citigroup raised shares of Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Finally, StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $51.68.

Insider Activity

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction that occurred 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 approximately $789,948.27. The trade was a 27.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Yum China Stock Up 1.1 %

Shares of NYSE YUMC opened at $48.53 on Friday. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00. The stock’s fifty day moving average is $46.77 and its 200 day moving average is $38.09. 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 stock has a market capitalization of $18.43 billion, a P/E ratio of 21.47, a PEG ratio of 1.72 and a beta of 0.36.

Yum China (NYSE:YUMC) last issued its earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.68 by $0.09. The company had revenue of $3.07 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the company earned $0.59 EPS. Sell-side analysts forecast 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 announced 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. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date is Tuesday, November 26th. Yum China’s dividend payout ratio is presently 28.32%.

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.