Yum China $YUMC Position Cut by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its holdings in shares of Yum China (NYSE:YUMC) by 42.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 28,015 shares of the company’s stock after selling 20,400 shares during the period. Nisa Investment Advisors LLC’s holdings in Yum China were worth $1,151,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vontobel Holding Ltd. boosted its stake in shares of Yum China by 19.1% during the 3rd quarter. Vontobel Holding Ltd. now owns 2,120,887 shares of the company’s stock worth $87,168,000 after acquiring an additional 339,552 shares in the last quarter. Hanson & Doremus Investment Management raised its stake in shares of Yum China by 0.9% in the 3rd quarter. Hanson & Doremus Investment Management now owns 51,307 shares of the company’s stock valued at $2,109,000 after acquiring an additional 469 shares in the last quarter. Ninety One UK Ltd raised its stake in shares of Yum China by 17.9% in the 3rd quarter. Ninety One UK Ltd now owns 442,523 shares of the company’s stock valued at $18,188,000 after acquiring an additional 67,333 shares in the last quarter. Euro Pacific Asset Management LLC acquired a new stake in Yum China in the 3rd quarter worth approximately $220,000. Finally, Farther Finance Advisors LLC lifted its holdings in Yum China by 38.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,344 shares of the company’s stock worth $137,000 after purchasing an additional 934 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on YUMC. The Goldman Sachs Group reaffirmed a “buy” rating and set a $59.00 target price on shares of Yum China in a research report on Thursday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Yum China in a research report on Friday, August 21st. Finally, Wall Street Zen cut shares of Yum China from a “buy” rating to a “hold” rating in a research note on Saturday, October 10th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Yum China currently has an average rating of “Moderate Buy” and an average price target of $59.21.

Yum China Stock Up 2.2%

Yum China stock opened at $45.53 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.96 and a quick ratio of 0.78. Yum China has a fifty-two week low of $39.72 and a fifty-two week high of $58.39. The firm has a fifty day moving average price of $43.57 and a two-hundred day moving average price of $46.88. The firm has a market cap of $15.59 billion, a price-to-earnings ratio of 16.68, a P/E/G ratio of 1.17 and a beta of 0.07.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.03. The company had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.05 billion. Yum China had a return on equity of 15.82% and a net margin of 7.84%. The firm’s revenue was up 12.6% compared to the same quarter last year. During the same period last year, the business posted $0.58 earnings per share. As a group, analysts forecast that Yum China will post 2.95 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, August 27th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Thursday, August 27th. Yum China’s payout ratio is currently 42.49%.

Insider Activity at Yum China

In related news, insider Duoduo (Howard) Huang sold 24,096 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $47.08, for a total transaction of $1,134,439.68. Following the completion of the sale, the insider owned 7,589 shares in the company, valued at $357,290.12. This represents a 76.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jeff Kuai sold 14,586 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $47.72, for a total value of $696,043.92. Following the completion of the sale, the insider directly owned 63,541 shares in the company, valued at $3,032,176.52. This trade represents a 18.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.44% of the stock is owned by corporate insiders.

Yum China Profile

Yum China Holdings, Inc is a restaurant company focused on operating and developing quick-service and casual-dining brands in China. Headquartered in Shanghai, the company serves customers across mainland China through a large network of company-owned and franchised restaurants, supported by digital ordering, delivery and loyalty platforms.

Its principal brands include KFC, Pizza Hut and Taco Bell, for which Yum China holds the exclusive rights to operate and franchise restaurants in China.