BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sells 17,310 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lessened its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 6.4% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 253,704 shares of the company's stock after selling 17,310 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned about 0.07% of Yum China worth $11,421,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Moors & Cabot Inc. acquired a new stake in shares of Yum China in the 3rd quarter valued at approximately $228,000. Advisors Asset Management Inc. lifted its position in shares of Yum China by 2.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 12,659 shares of the company's stock worth $570,000 after purchasing an additional 323 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Yum China by 24.3% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 69,004 shares of the company's stock valued at $3,237,000 after acquiring an additional 13,504 shares in the last quarter. Prospera Private Wealth LLC bought a new stake in shares of Yum China in the 3rd quarter valued at $110,000. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Yum China during the 3rd quarter valued at $6,349,000. Institutional investors and hedge funds own 85.58% of the company's stock.

Yum China Stock Down 0.0 %

Yum China stock traded down $0.02 on Friday, hitting $47.07. 1,987,235 shares of the stock traded hands, compared to its average volume of 2,833,208. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $52.00. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The business's fifty day simple moving average is $44.92 and its 200 day simple moving average is $37.49. The firm has a market cap of $17.88 billion, a P/E ratio of 20.83, a price-to-earnings-growth ratio of 1.67 and a beta of 0.36.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. The company had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. Yum China's revenue for the quarter was up 5.4% on a year-over-year basis. During the same period last year, the company earned $0.59 EPS. As a group, sell-side analysts forecast that Yum China Holdings, Inc. will post 2.33 earnings per share 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 1.36%. Yum China's payout ratio is currently 28.32%.

Wall Street Analyst Weigh In

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

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.