KBC Group NV Has $6.04 Million Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

KBC Group NV lowered its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 59.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,476 shares of the company's stock after selling 185,057 shares during the quarter. KBC Group NV's holdings in Yum China were worth $6,044,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its stake in Yum China by 43.9% in the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock valued at $38,000 after buying an additional 258 shares during the last quarter. McClarren Financial Advisors Inc. lifted its stake in Yum China by 906.5% in the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company's stock valued at $42,000 after buying an additional 834 shares during the last quarter. Concord Wealth Partners lifted its stake in Yum China by 56.9% in the third quarter. Concord Wealth Partners now owns 1,571 shares of the company's stock valued at $71,000 after buying an additional 570 shares during the last quarter. Eastern Bank bought a new stake in Yum China in the third quarter valued at $103,000. Finally, Prospera Private Wealth LLC bought a new stake in Yum China in the third quarter valued at $110,000. 85.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

YUMC has been the topic of a number of recent research reports. StockNews.com upgraded Yum China from a "hold" rating to a "buy" rating in a research note on Saturday. JPMorgan Chase & Co. raised Yum China from a "neutral" rating to an "overweight" rating and raised their price target for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $49.57.

Insider Buying and Selling

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.30% of the stock is owned by corporate insiders.

Yum China Stock Performance

Shares of YUMC traded down $1.19 during trading hours on Monday, reaching $45.06. 2,750,412 shares of the company's stock traded hands, compared to its average volume of 2,091,734. The firm has a market capitalization of $17.11 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 1.40 and a beta of 0.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00. The business's fifty day simple moving average is $46.82 and its two-hundred day simple moving average is $41.94.

Yum China (NYSE:YUMC - Get Free Report) last released its earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 13.39% and a net margin of 7.97%. Yum China's revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.59 earnings per share. Analysts predict that Yum China Holdings, Inc. will post 2.31 earnings per share for the current year.

About Yum China

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.