BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sells 17,310 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 6.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 253,704 shares of the company’s stock after selling 17,310 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.07% of Yum China worth $11,421,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after buying an additional 258 shares during the period. LRI Investments LLC bought a new stake in Yum China in the first quarter valued at approximately $36,000. McClarren Financial Advisors Inc. increased its position in Yum China by 906.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after purchasing an additional 834 shares during the period. Pathway Financial Advisers LLC bought a new position in Yum China during the 1st quarter worth approximately $39,000. Finally, Eagle Bay Advisors LLC lifted its position 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 worth $34,000 after purchasing an additional 380 shares during the period. Institutional investors own 85.58% of the company’s stock.

Analysts Set New Price Targets

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

Yum China Stock Down 0.0 %

Yum China stock opened at $47.07 on Friday. The firm has a market capitalization of $17.88 billion, a price-to-earnings ratio of 20.83, a price-to-earnings-growth ratio of 1.67 and a beta of 0.36. The firm’s fifty day moving average price is $44.92 and its two-hundred day moving average price is $37.49. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $52.00. 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 (NYSE:YUMC) last released its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share (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 company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.59 EPS. On average, equities research analysts predict that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s dividend payout ratio is 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.