Stifel Financial Corp Has $1.80 Million Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Stifel Financial Corp cut its stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 34.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,039 shares of the company's stock after selling 21,364 shares during the quarter. Stifel Financial Corp's holdings in Yum China were worth $1,803,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Massachusetts Financial Services Co. MA raised its holdings in shares of Yum China by 1.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 11,967,353 shares of the company's stock valued at $369,073,000 after purchasing an additional 121,617 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Yum China by 49.6% in the third quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company's stock worth $356,206,000 after buying an additional 2,609,494 shares during the last quarter. Mondrian Investment Partners LTD boosted its stake in shares of Yum China by 56.3% during 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 in the last quarter. Waverton Investment Management Ltd lifted its holdings in Yum China by 350.7% in the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company's stock worth $189,202,000 after purchasing an additional 3,270,560 shares during the last quarter. Finally, FMR LLC grew its holdings in Yum China by 4,176.5% during the third quarter. FMR LLC now owns 3,588,977 shares of the company's stock valued at $161,576,000 after purchasing an additional 3,505,053 shares during the last quarter. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on YUMC shares. Citigroup upgraded shares of Yum China to a "strong-buy" rating in a report on Monday, September 30th. JPMorgan Chase & Co. upgraded shares of Yum China from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Finally, StockNews.com upgraded shares of Yum China from a "hold" rating to a "buy" rating in a research report on Saturday. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Yum China has a consensus rating of "Buy" and a consensus target price of $49.57.

Yum China Stock Down 0.8 %

YUMC stock opened at $48.58 on Friday. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00. The company has a market cap of $18.45 billion, a price-to-earnings ratio of 21.50, a P/E/G ratio of 1.76 and a beta of 0.36. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The business has a 50 day moving average price of $47.02 and a two-hundred day moving average price of $39.02.

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

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were paid a $0.16 dividend. The ex-dividend date was Tuesday, November 26th. This represents a $0.64 annualized dividend and a yield of 1.32%. Yum China's dividend payout ratio (DPR) is presently 28.32%.

Insider Transactions at Yum China

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the company'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 owns 16,641 shares of the company's stock, valued at approximately $789,948.27. This represents a 27.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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.