Public Sector Pension Investment Board Has $5.70 Million Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Public Sector Pension Investment Board lowered its position in shares of Yum China Holdings, Inc. (NYSE:YUMCFree Report) by 5.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 126,593 shares of the company’s stock after selling 6,600 shares during the quarter. Public Sector Pension Investment Board’s holdings in Yum China were worth $5,699,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in YUMC. Farther Finance Advisors LLC raised 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 purchasing an additional 258 shares during the period. LRI Investments LLC purchased a new position in shares of Yum China during the first quarter valued at $36,000. McClarren Financial Advisors Inc. raised 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 buying an additional 834 shares during the period. Eagle Bay Advisors LLC lifted its stake in Yum China by 53.7% in 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. Finally, National Bank of Canada FI boosted its position in Yum China by 140.3% during the 2nd quarter. National Bank of Canada FI now owns 1,490 shares of the company’s stock worth $45,000 after acquiring an additional 870 shares during the period. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Analysts Set New Price Targets

YUMC has been the topic of a number of research reports. StockNews.com upgraded 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 increased their target price for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. Citigroup upgraded shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Finally, Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and upped their price target for the stock from $30.00 to $37.40 in a research note on Tuesday, August 6th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $51.68.

Check Out Our Latest Stock Analysis on Yum China

Insider Activity

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $47.47, for a total value of $302,716.19. Following the transaction, the insider now directly owns 16,641 shares in the company, valued at approximately $789,948.27. This trade represents a 27.70 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.30% of the stock is currently owned by insiders.

Yum China Price Performance

Shares of YUMC opened at $46.55 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The firm has a market cap of $17.68 billion, a PE ratio of 20.60, a PEG ratio of 1.66 and a beta of 0.36. The firm’s 50 day moving average price is $46.08 and its 200 day moving average price is $37.79. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00.

Yum China (NYSE:YUMCGet Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. The business had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. Yum China’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.59 EPS. As a group, research analysts expect that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be paid a dividend of $0.16 per share. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.37%. Yum China’s dividend payout ratio (DPR) is presently 28.32%.

About Yum China

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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