Charles Schwab Investment Management Inc. Grows Position in Yum China Holdings, Inc. (NYSE:YUMC)

Charles Schwab Investment Management Inc. increased its holdings in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 8.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 975,425 shares of the company's stock after purchasing an additional 76,406 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.25% of Yum China worth $45,523,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of YUMC. Waverton Investment Management Ltd raised its holdings in shares of Yum China by 350.7% during the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company's stock valued at $189,202,000 after purchasing an additional 3,270,560 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Yum China by 49.6% in the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company's stock worth $356,206,000 after acquiring an additional 2,609,494 shares during the last quarter. Mondrian Investment Partners LTD raised its holdings in shares of Yum China by 56.3% in the 2nd quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company's stock worth $133,203,000 after acquiring an additional 1,582,859 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Yum China by 171.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,069,134 shares of the company's stock worth $63,812,000 after acquiring an additional 1,307,574 shares during the last quarter. Finally, Lind Value II ApS acquired a new stake in shares of Yum China in the 2nd quarter worth about $40,246,000. Institutional investors own 85.58% of the company's stock.

Yum China Price Performance

Shares of Yum China stock traded up $0.06 on Monday, hitting $46.61. 1,495,732 shares of the company traded hands, compared to its average volume of 3,184,325. The firm's 50-day simple moving average is $46.28 and its 200 day simple moving average is $37.83. 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 company has a market cap of $17.70 billion, a P/E ratio of 20.62, a P/E/G ratio of 1.65 and a beta of 0.36. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00.

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

Yum China Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China's payout ratio is 28.32%.

Analyst Upgrades and Downgrades

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

Insider Activity

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the business'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 transaction, the insider now directly owns 16,641 shares of the company's stock, valued at $789,948.27. The trade was a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.30% of the company's stock.

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.