Yum China Holdings, Inc. (NYSE:YUMC) Stock Position Raised by Fmr LLC

FMR LLC boosted its position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 4,176.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,588,977 shares of the company's stock after purchasing an additional 3,505,053 shares during the period. FMR LLC owned about 0.95% of Yum China worth $161,576,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in YUMC. B. Riley Wealth Advisors Inc. purchased a new position in shares of Yum China during the 1st quarter worth approximately $159,000. Atria Investments Inc increased its stake in shares of Yum China by 2.8% during the 1st quarter. Atria Investments Inc now owns 27,022 shares of the company's stock worth $1,076,000 after purchasing an additional 726 shares in the last quarter. Cetera Advisors LLC increased its stake in shares of Yum China by 6.3% during the 1st quarter. Cetera Advisors LLC now owns 6,823 shares of the company's stock worth $272,000 after purchasing an additional 406 shares in the last quarter. DNB Asset Management AS increased its stake in shares of Yum China by 1.9% during the 2nd quarter. DNB Asset Management AS now owns 27,630 shares of the company's stock worth $852,000 after purchasing an additional 513 shares in the last quarter. Finally, Mather Group LLC. increased its stake in shares of Yum China by 172.1% during the 2nd quarter. Mather Group LLC. now owns 1,641 shares of the company's stock worth $51,000 after purchasing an additional 1,038 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company's stock.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm'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 sale, the insider now directly owns 16,641 shares in the company, valued at approximately $789,948.27. This trade represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.30% of the stock is owned by insiders.

Yum China Stock Performance

YUMC remained flat at $47.14 on Wednesday. 1,199,273 shares of the company traded hands, compared to its average volume of 3,178,235. The firm has a market capitalization of $17.90 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 1.65 and a beta of 0.36. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00. The company's fifty day simple moving average is $46.62 and its two-hundred day simple moving average is $37.95. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. The firm 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%. Yum China's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 earnings per share. On average, analysts predict that Yum China Holdings, Inc. will post 2.33 EPS for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be given a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China's dividend payout ratio (DPR) is 28.32%.

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.