Stock Yards Bank & Trust Co. Lowers Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Stock Yards Bank & Trust Co. lessened its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 28.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 8,628 shares of the company’s stock after selling 3,369 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Yum China were worth $416,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its stake in Yum China by 43.9% during the 3rd 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 period. McClarren Financial Advisors Inc. lifted its holdings in Yum China by 906.5% in the 3rd 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 lifted its stake in Yum China by 56.9% in the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after purchasing an additional 570 shares in the last quarter. Eastern Bank purchased a new stake in shares of Yum China in the third quarter valued at about $103,000. Finally, Prospera Private Wealth LLC purchased a new position in shares of Yum China during the 3rd quarter worth $110,000. 85.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on the company. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $49.57.

Insider Activity

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the stock in a transaction dated 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 of the company’s stock, valued at $789,948.27. This represents 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 link. Corporate insiders own 0.30% of the company’s stock.

Yum China Stock Performance

Shares of Yum China stock opened at $45.06 on Tuesday. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. 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 stock has a market capitalization of $17.11 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 1.40 and a beta of 0.33. The firm’s fifty day simple moving average is $46.77 and its 200-day simple moving average is $42.04.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The firm had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the prior year, the business earned $0.59 EPS. The firm’s revenue was up 5.4% compared to the same quarter last year. As a group, equities analysts forecast that Yum China Holdings, Inc. will post 2.31 earnings per share for the current year.

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.