Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Naples Global Advisors LLC

Naples Global Advisors LLC lessened its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,733 shares of the company’s stock after selling 1,873 shares during the quarter. Naples Global Advisors LLC’s holdings in Yum China were worth $2,203,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kentucky Trust Co purchased a new stake in shares of Yum China in the fourth quarter valued at approximately $29,000. Farther Finance Advisors LLC raised its position in Yum China by 43.9% during the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after acquiring an additional 258 shares during the period. McClarren Financial Advisors Inc. grew its position in shares of Yum China by 906.5% in the third 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. Concord Wealth Partners increased its stake in shares of Yum China by 56.9% during the third quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after purchasing an additional 570 shares in the last quarter. Finally, Eastern Bank acquired a new position in shares of Yum China during the 3rd quarter worth about $103,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on YUMC. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. StockNews.com cut Yum China from a “buy” rating to a “hold” rating in a research report on Sunday. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $49.57.

Insider Activity

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were 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. This trade represents a 27.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Yum China Stock Up 1.7 %

Shares of NYSE YUMC opened at $48.30 on Thursday. The stock has a market cap of $18.34 billion, a PE ratio of 20.73, a P/E/G ratio of 1.50 and a beta of 0.33. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00. The company has a 50-day moving average of $46.90 and a 200 day moving average of $42.82.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. As a group, sell-side analysts predict that Yum China Holdings, Inc. will post 2.55 EPS for the current fiscal year.

Yum China Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This is an increase from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.99%. Yum China’s dividend payout ratio (DPR) is 27.47%.

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.