Swiss National Bank Sells 13,100 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Swiss National Bank lowered its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 1.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 884,833 shares of the company's stock after selling 13,100 shares during the period. Swiss National Bank owned about 0.23% of Yum China worth $39,835,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its stake in shares of Yum China by 43.9% during the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock valued at $38,000 after acquiring an additional 258 shares during the last quarter. Industrial Alliance Investment Management Inc. raised its stake in Yum China by 4.4% in the first quarter. Industrial Alliance Investment Management Inc. now owns 6,802 shares of the company's stock worth $271,000 after buying an additional 286 shares in the last quarter. Blair William & Co. IL boosted its position in Yum China by 1.2% during the 2nd quarter. Blair William & Co. IL now owns 25,639 shares of the company's stock valued at $791,000 after acquiring an additional 302 shares in the last quarter. Carmichael Hill & Associates Inc. grew its holdings in shares of Yum China by 12.1% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company's stock worth $103,000 after acquiring an additional 360 shares during the period. Finally, Eagle Bay Advisors LLC raised its position in shares of Yum China by 53.7% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company's stock worth $34,000 after acquiring an additional 380 shares in the last quarter. Hedge funds and other institutional investors own 85.58% of the company's stock.

Yum China Stock Performance

Shares of NYSE:YUMC traded down $0.33 during trading on Thursday, hitting $47.05. The company's stock had a trading volume of 445,661 shares, compared to its average volume of 3,205,102. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company has a 50-day moving average of $44.15 and a 200-day moving average of $37.29. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The firm has a market cap of $17.87 billion, a price-to-earnings ratio of 20.95, a P/E/G ratio of 1.68 and a beta of 0.36.

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

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors 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 is presently 28.32%.

Wall Street Analyst Weigh In

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

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.