Thrivent Financial for Lutherans Purchases 441,252 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Thrivent Financial for Lutherans raised its position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 21.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,510,386 shares of the company's stock after buying an additional 441,252 shares during the quarter. Thrivent Financial for Lutherans owned about 0.65% of Yum China worth $113,017,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in YUMC. Canada Pension Plan Investment Board lifted its position in Yum China by 40.8% during the first quarter. Canada Pension Plan Investment Board now owns 987,725 shares of the company's stock worth $39,302,000 after buying an additional 286,307 shares during the period. Value Partners Investments Inc. grew its position in shares of Yum China by 27.4% in the 3rd quarter. Value Partners Investments Inc. now owns 255,950 shares of the company's stock worth $11,523,000 after acquiring an additional 55,000 shares in the last quarter. California State Teachers Retirement System raised its holdings in shares of Yum China by 15.3% during the first quarter. California State Teachers Retirement System now owns 127,693 shares of the company's stock worth $5,081,000 after purchasing an additional 16,981 shares during the period. Sei Investments Co. grew its stake in Yum China by 16.0% during the 1st quarter. Sei Investments Co. now owns 266,021 shares of the company's stock worth $10,585,000 after buying an additional 36,660 shares during the last quarter. Finally, Waverton Investment Management Ltd increased its holdings in shares of 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 acquiring an additional 3,270,560 shares during the period. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Stock Performance

Shares of YUMC stock traded down $0.02 during trading hours on Friday, reaching $47.21. 2,767,814 shares of the company's stock were exchanged, compared to its average volume of 2,972,201. The company has a quick ratio of 1.09, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00. The business has a fifty day moving average price of $43.61 and a 200-day moving average price of $37.14. The stock has a market capitalization of $17.93 billion, a P/E ratio of 20.89, a P/E/G ratio of 1.69 and a beta of 0.36.

Yum China (NYSE:YUMC - Get Free Report) last released its earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.09. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The business had revenue of $3.07 billion during the quarter, compared to analysts' expectations of $3.03 billion. During the same quarter last year, the company earned $0.59 earnings per share. The firm's revenue was up 5.4% on a year-over-year basis. Analysts predict that Yum China Holdings, Inc. will post 2.31 EPS for the current fiscal year.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Tuesday, November 26th. Yum China's dividend payout ratio is 28.32%.

Analyst Upgrades and Downgrades

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

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.