CENTRAL TRUST Co Lowers Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

CENTRAL TRUST Co reduced its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 8.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,861 shares of the company’s stock after selling 420 shares during the quarter. CENTRAL TRUST Co’s holdings in Yum China were worth $234,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of YUMC. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Yum China by 7.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 12,316 shares of the company’s stock valued at $380,000 after buying an additional 803 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Yum China in the 2nd quarter valued at approximately $945,000. Atomi Financial Group Inc. acquired a new stake in shares of Yum China in the 3rd quarter valued at approximately $329,000. Pathway Financial Advisors LLC acquired a new stake in shares of Yum China in the 3rd quarter valued at approximately $270,000. Finally, UMB Bank n.a. lifted its holdings in shares of Yum China by 62.3% in the 3rd quarter. UMB Bank n.a. now owns 3,204 shares of the company’s stock valued at $144,000 after buying an additional 1,230 shares during the period. 85.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on YUMC shares. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a report on Saturday. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $49.57.

Yum China Stock Performance

Shares of YUMC stock opened at $45.72 on Wednesday. The stock has a fifty day moving average price of $46.77 and a 200 day moving average price of $42.15. The stock has a market cap of $17.36 billion, a PE ratio of 20.23, a P/E/G ratio of 1.40 and a beta of 0.33. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year 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.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share 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 company had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the previous year, the firm posted $0.59 earnings per share. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. Sell-side analysts forecast that Yum China Holdings, Inc. will post 2.31 earnings per share for the current fiscal year.

Insider Transactions at Yum China

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the completion of the transaction, the insider now directly owns 16,641 shares of the company’s stock, valued at $789,948.27. The trade was a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.30% of the company’s stock.

Yum China 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.