Laurel Wealth Advisors LLC Has $480,000 Stock Holdings in Yum China $YUMC

Laurel Wealth Advisors LLC grew its position in Yum China (NYSE:YUMC) by 4,371.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 10,731 shares of the company’s stock after purchasing an additional 10,491 shares during the period. Laurel Wealth Advisors LLC’s holdings in Yum China were worth $480,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in YUMC. SouthState Corp increased its position in Yum China by 4,915.4% in the first quarter. SouthState Corp now owns 652 shares of the company’s stock worth $34,000 after purchasing an additional 639 shares during the period. Bell Investment Advisors Inc boosted its stake in shares of Yum China by 95.6% in the 2nd quarter. Bell Investment Advisors Inc now owns 665 shares of the company’s stock valued at $30,000 after purchasing an additional 325 shares during the last quarter. Cheviot Value Management LLC acquired a new stake in shares of Yum China during the 1st quarter worth approximately $42,000. Marshall & Sullivan Inc. WA bought a new stake in shares of Yum China during the second quarter worth approximately $36,000. Finally, Atlantic Union Bankshares Corp acquired a new position in Yum China in the second quarter valued at approximately $45,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Trading Down 0.3%

Shares of NYSE YUMC opened at $48.14 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.39 and a debt-to-equity ratio of 0.01. Yum China has a twelve month low of $41.00 and a twelve month high of $53.99. The company’s fifty day moving average is $44.61 and its 200-day moving average is $44.90. The stock has a market cap of $17.40 billion, a price-to-earnings ratio of 19.89, a P/E/G ratio of 1.63 and a beta of 0.18.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. Yum China had a return on equity of 14.13% and a net margin of 8.04%.The business had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter last year, the business posted $0.77 EPS. The firm’s revenue was up 4.4% compared to the same quarter last year. Equities research analysts predict that Yum China will post 2.54 EPS for the current year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 2nd will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, December 2nd. Yum China’s dividend payout ratio (DPR) is 39.83%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. CLSA reaffirmed an “outperform” rating and set a $55.00 target price on shares of Yum China in a report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Yum China in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Yum China has a consensus rating of “Buy” and a consensus price target of $55.00.

Insider Buying and Selling at Yum China

In other news, insider Jeff Kuai sold 5,167 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $48.00, for a total value of $248,016.00. Following the completion of the transaction, the insider owned 56,602 shares in the company, valued at $2,716,896. This represents a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Warton Wang sold 8,187 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $48.28, for a total transaction of $395,268.36. Following the sale, the insider directly owned 46,847 shares of the company’s stock, valued at $2,261,773.16. This represents a 14.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 18,242 shares of company stock valued at $878,397. 0.40% of the stock is currently owned by corporate insiders.

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.