Bamco Inc. NY Cuts Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Bamco Inc. NY cut its holdings in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 17.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 392,632 shares of the company's stock after selling 82,713 shares during the period. Bamco Inc. NY owned 0.10% of Yum China worth $17,676,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Eagle Bay Advisors LLC raised its holdings 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 acquiring an additional 380 shares in the last quarter. Farther Finance Advisors LLC lifted its position in 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 purchasing an additional 258 shares during the last quarter. McClarren Financial Advisors Inc. lifted its position in Yum China by 906.5% during the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company's stock valued at $42,000 after purchasing an additional 834 shares during the last quarter. National Bank of Canada FI grew its stake in shares of Yum China by 140.3% in the 2nd quarter. National Bank of Canada FI now owns 1,490 shares of the company's stock worth $45,000 after buying an additional 870 shares in the last quarter. Finally, Mather Group LLC. increased its holdings in shares of Yum China by 172.1% in the 2nd quarter. Mather Group LLC. now owns 1,641 shares of the company's stock worth $51,000 after buying an additional 1,038 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors.

Yum China Stock Up 1.0 %

Yum China stock traded up $0.47 during trading hours on Tuesday, reaching $47.08. The stock had a trading volume of 324,692 shares, compared to its average volume of 3,171,871. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00. The company has a market cap of $17.88 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 1.65 and a beta of 0.36. 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 business's 50 day moving average price is $46.28 and its 200-day moving average price is $37.83.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. The firm had revenue of $3.07 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.59 EPS. Sell-side analysts anticipate that Yum China Holdings, Inc. will post 2.33 EPS for the current year.

Yum China Dividend Announcement

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

Insider Buying and Selling at Yum China

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the business's stock in a transaction 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 transaction, the insider now directly owns 16,641 shares in the company, valued at $789,948.27. The trade was a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.30% of the company's stock.

Wall Street Analyst Weigh In

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