Yum China Holdings, Inc. (NYSE:YUMC) Stock Holdings Lowered by Savoir Faire Capital Management L.P.

Savoir Faire Capital Management L.P. cut its position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 41.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 109,377 shares of the company's stock after selling 78,633 shares during the quarter. Yum China accounts for about 2.5% of Savoir Faire Capital Management L.P.'s investment portfolio, making the stock its 17th largest holding. Savoir Faire Capital Management L.P.'s holdings in Yum China were worth $4,924,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in YUMC. Eagle Bay Advisors LLC raised its position in shares of Yum China by 53.7% during the 2nd 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 period. LRI Investments LLC acquired a new stake in Yum China in the first quarter worth $36,000. 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. Pathway Financial Advisers LLC acquired a new position in shares of Yum China during the first quarter valued at $39,000. Finally, McClarren Financial Advisors Inc. grew its position in shares of Yum China by 906.5% during the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company's stock worth $42,000 after acquiring an additional 834 shares during the last quarter. Institutional investors own 85.58% of the company's stock.

Wall Street Analysts Forecast Growth

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

Yum China Price Performance

Shares of YUMC stock traded down $0.27 during midday trading on Tuesday, reaching $47.39. 1,404,944 shares of the company were exchanged, compared to its average volume of 3,226,189. The company's 50 day moving average price is $43.89 and its two-hundred day moving average price is $37.22. The company has a market cap of $18.00 billion, a P/E ratio of 20.98, a PEG ratio of 1.69 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. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.09. The business 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 business's revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the business earned $0.59 earnings per share. On average, sell-side analysts expect that Yum China Holdings, Inc. will post 2.31 earnings per share for the current year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.35%. 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.