Bard Financial Services Inc. Takes Position in Yum China Holdings, Inc. (NYSE:YUMC)

Bard Financial Services Inc. purchased a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 10,205 shares of the company's stock, valued at approximately $459,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Eagle Bay Advisors LLC grew its holdings in shares of Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company's stock worth $34,000 after purchasing an additional 380 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Yum China by 43.9% in the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock worth $38,000 after purchasing an additional 258 shares during the last quarter. McClarren Financial Advisors Inc. grew its holdings 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 worth $42,000 after purchasing an additional 834 shares during the last quarter. National Bank of Canada FI grew its holdings in shares of Yum China by 140.3% in the second quarter. National Bank of Canada FI now owns 1,490 shares of the company's stock worth $45,000 after purchasing an additional 870 shares during the last quarter. Finally, Family Firm Inc. purchased a new stake in Yum China in the second quarter worth $52,000. 85.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the business's stock in a transaction dated 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 owns 16,641 shares of the company's stock, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Yum China from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. StockNews.com upgraded shares of Yum China from a "hold" rating to a "buy" rating in a report on Friday, November 15th. Finally, Citigroup upgraded shares of Yum China to a "strong-buy" rating in a report on Monday, September 30th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Yum China has an average rating of "Buy" and an average price target of $51.68.

Yum China Stock Up 0.9 %

Shares of YUMC stock traded up $0.44 during mid-day trading on Thursday, reaching $49.89. 959,276 shares of the company's stock traded hands, compared to its average volume of 3,158,820. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company has a market cap of $18.95 billion, a P/E ratio of 21.89, a P/E/G ratio of 1.74 and a beta of 0.36. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The company's 50-day moving average price is $46.89 and its 200-day moving average price is $38.37.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.09. The firm had revenue of $3.07 billion for the quarter, compared to analysts' expectations of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The company's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.59 EPS. On average, equities analysts expect that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Tuesday, November 26th. Yum China's payout ratio is 28.32%.

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.