Swedbank AB Sells 9,300 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Swedbank AB cut its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 4.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 213,372 shares of the company’s stock after selling 9,300 shares during the quarter. Swedbank AB’s holdings in Yum China were worth $10,278,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its holdings in Yum China by 43.9% in the third 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. McClarren Financial Advisors Inc. lifted its holdings in shares of Yum China by 906.5% in 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 in the last quarter. Concord Wealth Partners boosted its holdings in Yum China by 56.9% during the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after acquiring an additional 570 shares during the last quarter. Eastern Bank purchased a new stake in shares of Yum China during the third quarter valued at approximately $103,000. Finally, Prospera Private Wealth LLC bought a new stake in shares of Yum China during the 3rd quarter worth $110,000. Institutional investors own 85.58% of the company’s stock.

Insiders Place Their Bets

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was 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. This trade represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

YUMC has been the subject of several recent research reports. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research note on Saturday. Four 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.com, Yum China currently has an average rating of “Buy” and a consensus price target of $49.57.

Yum China Price Performance

Shares of Yum China stock opened at $46.23 on Friday. The business has a 50 day moving average of $46.82 and a 200 day moving average of $41.79. 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 $17.56 billion, a PE ratio of 20.46, a P/E/G ratio of 1.37 and a beta of 0.35. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last posted its earnings results on Monday, November 4th. The company reported $0.77 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 firm had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same period last year, the company posted $0.59 EPS. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. As a group, equities research analysts forecast that Yum China Holdings, Inc. will post 2.31 earnings per share for the current year.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Tuesday, November 26th. Yum China’s payout ratio is currently 28.32%.

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.