Intech Investment Management LLC Has $394,000 Position in Yum China Holdings, Inc. (NYSE:YUMC)

Intech Investment Management LLC lessened its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 35.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,755 shares of the company’s stock after selling 4,895 shares during the period. Intech Investment Management LLC’s holdings in Yum China were worth $394,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of YUMC. Moors & Cabot Inc. acquired a new position in Yum China during the third quarter worth $228,000. Advisors Asset Management Inc. boosted its stake in shares of Yum China by 2.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 12,659 shares of the company’s stock worth $570,000 after buying an additional 323 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Yum China by 24.3% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 69,004 shares of the company’s stock valued at $3,237,000 after acquiring an additional 13,504 shares in the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of Yum China in the third quarter valued at about $110,000. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Yum China during the third quarter worth about $6,349,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Citigroup upgraded shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. Finally, Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and lifted their price objective 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 given 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.

Insider Activity at Yum China

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the stock in a transaction that occurred 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 sale, the insider now 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.30% of the stock is currently owned by corporate insiders.

Yum China Trading Up 1.1 %

YUMC stock opened at $47.14 on Wednesday. The stock has a market cap of $17.90 billion, a price-to-earnings ratio of 20.86, a price-to-earnings-growth ratio of 1.65 and a beta of 0.36. The company has a fifty day moving average price of $46.45 and a two-hundred day moving average price of $37.89. Yum China Holdings, Inc. has a one year low of $28.50 and a one year 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.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.77 EPS 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 analyst estimates of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. Yum China’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 EPS. Equities analysts anticipate that Yum China Holdings, Inc. will post 2.33 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 issued a dividend of $0.16 per share. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 annualized dividend and a yield of 1.36%. Yum China’s payout ratio is currently 28.32%.

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.