Yum China Holdings, Inc. (NYSE:YUMC) Stock Position Raised by Raymond James Trust N.A.

Raymond James Trust N.A. lifted its position in Yum China Holdings, Inc. (NYSE:YUMC) by 14.0% in the 1st quarter, Holdings Channel reports. The fund owned 17,033 shares of the company’s stock after buying an additional 2,089 shares during the period. Raymond James Trust N.A.’s holdings in Yum China were worth $1,009,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Wealthcare Advisory Partners LLC purchased a new stake in shares of Yum China in the 1st quarter valued at approximately $25,000. Hoover Financial Advisors Inc. purchased a new stake in Yum China in the 4th quarter worth approximately $25,000. Sterling Financial Planning Inc. purchased a new stake in Yum China in the 4th quarter worth approximately $27,000. Crescent Capital Consulting LLC purchased a new stake in Yum China in the 4th quarter worth approximately $29,000. Finally, Valley Brook Capital Group purchased a new stake in Yum China in the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 81.59% of the company’s stock.

NYSE:YUMC opened at $60.23 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.14 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $25.33 billion, a PE ratio of 45.98, a PEG ratio of 4.78 and a beta of 0.87. The firm’s fifty day simple moving average is $60.30 and its 200 day simple moving average is $58.97. Yum China Holdings, Inc. has a 1 year low of $43.50 and a 1 year high of $64.64.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Monday, April 26th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.08. The company had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.38 billion. Yum China had a net margin of 6.33% and a return on equity of 16.35%. The business’s quarterly revenue was up 45.8% on a year-over-year basis. During the same period last year, the business posted $0.16 EPS. As a group, analysts anticipate that Yum China Holdings, Inc. will post 1.17 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 18th. Shareholders of record on Tuesday, May 25th will be given a $0.12 dividend. The ex-dividend date is Monday, May 24th. This represents a $0.48 annualized dividend and a yield of 0.80%. Yum China’s dividend payout ratio is 12.77%.

YUMC has been the subject of a number of research analyst reports. The Goldman Sachs Group downgraded shares of Yum China from a “conviction-buy” rating to a “buy” rating in a research report on Monday, April 19th. Atlantic Securities began coverage on shares of Yum China in a report on Tuesday, April 13th. They set an “overweight” rating and a $72.00 price target on the stock. Jefferies Financial Group raised their price target on shares of Yum China from $63.10 to $68.70 and gave the company a “buy” rating in a report on Tuesday, January 26th. Royal Bank of Canada raised their price target on shares of Yum China from $112.00 to $123.00 and gave the company a “sector perform” rating in a report on Thursday, April 29th. Finally, Oppenheimer restated a “hold” rating on shares of Yum China in a report on Wednesday, April 28th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $76.34.

Yum China Company Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, COFFii & JOY, East Dawning, Taco Bell, and Lavazza brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, specialty coffee, simmer pot, and Italian coffee categories.

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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