Pathstone Holdings LLC Reduces Position in Yum China Holdings, Inc. (NYSE:YUMC)

Pathstone Holdings LLC lessened its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 6.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,185 shares of the company’s stock after selling 2,850 shares during the quarter. Pathstone Holdings LLC’s holdings in Yum China were worth $1,854,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Farther Finance Advisors LLC boosted its stake in shares of 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 purchasing an additional 258 shares during the period. Blair William & Co. IL boosted its stake in shares of Yum China by 1.2% during the second quarter. Blair William & Co. IL now owns 25,639 shares of the company’s stock valued at $791,000 after purchasing an additional 302 shares during the period. Carmichael Hill & Associates Inc. boosted its stake in shares of Yum China by 12.1% during the second quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company’s stock valued at $103,000 after purchasing an additional 360 shares during the period. Eagle Bay Advisors LLC boosted its stake 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 valued at $34,000 after purchasing an additional 380 shares during the period. Finally, Farmers & Merchants Investments Inc. boosted its stake in shares of Yum China by 11.9% during the third quarter. Farmers & Merchants Investments Inc. now owns 3,750 shares of the company’s stock valued at $169,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Insiders Place Their Bets

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the completion of the transaction, the insider now directly owns 16,641 shares in the company, valued at $789,948.27. This trade 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. 0.30% of the stock is owned by corporate insiders.

Yum China Price Performance

YUMC opened at $46.78 on Thursday. The stock has a fifty day simple moving average of $45.39 and a two-hundred day simple moving average of $37.61. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The company has a market cap of $17.77 billion, a price-to-earnings ratio of 20.11, a price-to-earnings-growth ratio of 1.69 and a beta of 0.36. 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 posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping 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 quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.59 earnings per share. 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 $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a yield of 1.37%. Yum China’s dividend payout ratio (DPR) is 28.32%.

Analyst Ratings Changes

YUMC has been the subject of a number of analyst reports. Citigroup raised Yum China to a “strong-buy” rating in a research note on Monday, September 30th. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and raised their price target for the stock from $30.00 to $37.40 in a research note on Tuesday, August 6th. Finally, JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Yum China currently has an average 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.