Pathstone Holdings LLC Sells 2,850 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Pathstone Holdings LLC trimmed its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 6.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 41,185 shares of the company’s stock after selling 2,850 shares during the period. Pathstone Holdings LLC’s holdings in Yum China were worth $1,854,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in Yum China by 43.9% in 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 in the last quarter. LRI Investments LLC bought a new stake in Yum China in the 1st quarter worth about $36,000. McClarren Financial Advisors Inc. increased its holdings in Yum China by 906.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after buying an additional 834 shares in the last quarter. Pathway Financial Advisers LLC bought a new stake in Yum China in the 1st quarter worth about $39,000. Finally, Eagle Bay Advisors LLC increased its holdings in 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 buying an additional 380 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.30% of the company’s stock.

Yum China Trading Up 2.9 %

Shares of NYSE:YUMC opened at $46.78 on Thursday. The stock has a market capitalization of $17.77 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 1.69 and a beta of 0.36. 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’s 50-day simple moving average is $45.39 and its two-hundred day simple moving average is $37.61. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week 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 for the quarter, beating 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 firm had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the previous year, the firm earned $0.59 EPS. The business’s quarterly revenue was up 5.4% on a year-over-year basis. Analysts expect that Yum China Holdings, Inc. will post 2.33 EPS for the current year.

Yum China Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a dividend of $0.16 per share. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.37%. Yum China’s payout ratio is currently 28.32%.

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.