Farther Finance Advisors LLC Buys 258 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Farther Finance Advisors LLC increased its position in Yum China Holdings, Inc. (NYSE:YUMC) by 43.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 846 shares of the company’s stock after acquiring an additional 258 shares during the quarter. Farther Finance Advisors LLC’s holdings in Yum China were worth $38,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of YUMC. Eagle Bay Advisors LLC increased its holdings in shares of Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock worth $34,000 after purchasing an additional 380 shares during the period. LRI Investments LLC bought a new position in Yum China in the 1st quarter worth about $36,000. Pathway Financial Advisers LLC purchased a new stake in shares of Yum China in the 1st quarter valued at about $39,000. McClarren Financial Advisors Inc. boosted its position in shares of Yum China by 906.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after acquiring an additional 834 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of Yum China by 140.3% during the second quarter. National Bank of Canada FI now owns 1,490 shares of the company’s stock worth $45,000 after purchasing an additional 870 shares in the last quarter. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Yum China Stock Down 0.6 %

YUMC stock opened at $47.23 on Friday. The business’s 50-day moving average price is $43.09 and its 200-day moving average price is $37.02. The stock has a market cap of $17.94 billion, a P/E ratio of 20.90, a PEG ratio of 1.71 and a beta of 0.36. The company has a quick ratio of 1.09, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00.

Yum China (NYSE:YUMC) last announced 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 business had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the previous year, the business earned $0.59 earnings per share. The business’s revenue was up 5.4% on a year-over-year basis. On average, equities research analysts forecast that Yum China Holdings, Inc. will post 2.31 EPS for the current year.

Yum China Announces Dividend

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

Analyst Ratings Changes

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