Captrust Financial Advisors Has $3.82 Million Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Captrust Financial Advisors lessened its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 3.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 84,737 shares of the company’s stock after selling 2,959 shares during the quarter. Captrust Financial Advisors’ holdings in Yum China were worth $3,815,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC raised its stake in shares of 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 period. McClarren Financial Advisors Inc. raised its stake in shares of Yum China by 906.5% in 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. Eagle Bay Advisors LLC raised its stake 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 valued at $34,000 after purchasing an additional 380 shares during the period. National Bank of Canada FI raised its stake in shares of Yum China by 140.3% in the 2nd quarter. National Bank of Canada FI now owns 1,490 shares of the company’s stock valued at $45,000 after purchasing an additional 870 shares during the period. Finally, Concord Wealth Partners raised its stake in shares of Yum China by 56.9% in the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock valued at $71,000 after purchasing an additional 570 shares during the period. Institutional investors and hedge funds own 85.58% of the company’s stock.

Insider Buying and Selling

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the business’s stock in a transaction that occurred 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 sale, the insider now owns 16,641 shares in the company, valued at $789,948.27. The trade was a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have issued reports on YUMC shares. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and raised their price objective for the company 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 equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $51.68.

Yum China Trading Up 1.1 %

Yum China stock opened at $47.14 on Wednesday. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00. 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 $17.90 billion, a P/E ratio of 20.86, a PEG ratio of 1.65 and a beta of 0.36. The stock has a 50-day simple moving average of $46.45 and a 200 day simple moving average of $37.89.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The business had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter last year, the company posted $0.59 earnings per share. Yum China’s quarterly revenue was up 5.4% on a year-over-year basis. Analysts expect that Yum China Holdings, Inc. will post 2.33 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors 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 is Tuesday, November 26th. Yum China’s payout ratio is currently 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.