Boston Family Office LLC Sells 1,345 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Boston Family Office LLC trimmed its position in Yum China Holdings, Inc. (NYSE:YUMC) by 19.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 5,609 shares of the company’s stock after selling 1,345 shares during the period. Boston Family Office LLC’s holdings in Yum China were worth $253,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its position in Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after purchasing an additional 258 shares in the last quarter. Industrial Alliance Investment Management Inc. grew its position in Yum China by 4.4% in the 1st quarter. Industrial Alliance Investment Management Inc. now owns 6,802 shares of the company’s stock worth $271,000 after purchasing an additional 286 shares in the last quarter. Blair William & Co. IL grew its position in Yum China by 1.2% in the 2nd quarter. Blair William & Co. IL now owns 25,639 shares of the company’s stock worth $791,000 after purchasing an additional 302 shares in the last quarter. Advisors Asset Management Inc. grew its position in Yum China by 2.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 12,659 shares of the company’s stock worth $570,000 after purchasing an additional 323 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. grew its position 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 valued at $103,000 after acquiring an additional 360 shares during the period. 85.58% of the stock is owned by institutional investors.

Yum China Stock Performance

Shares of YUMC stock opened at $47.60 on Tuesday. The stock has a market capitalization of $18.08 billion, a P/E ratio of 21.06, a PEG ratio of 1.67 and a beta of 0.36. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $44.92 and its 200 day moving average is $37.49. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00.

Yum China (NYSE:YUMC) last posted its earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the prior year, the company posted $0.59 EPS. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Yum China Holdings, Inc. will post 2.33 earnings per share for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.34%. 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

A number of research analysts have recently weighed in on YUMC shares. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and increased their target price for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. Citigroup raised shares of Yum China to a “strong-buy” rating in a research report on Monday, September 30th. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Finally, Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and increased their target price for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. Five investment 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 presently has an average rating of “Buy” and an average target price of $51.68.

Yum China 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.