Wealth Enhancement Advisory Services LLC Buys 329 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Wealth Enhancement Advisory Services LLC increased its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,720 shares of the company’s stock after buying an additional 329 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Yum China were worth $978,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insiders Place Their Bets

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.30% of the company’s stock.

Yum China Price Performance

Shares of NYSE:YUMC opened at $43.43 on Thursday. The firm has a 50 day moving average of $47.47 and a 200-day moving average of $40.67. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $16.49 billion, a PE ratio of 19.22, a PEG ratio of 1.76 and a beta of 0.35.

Yum China (NYSE:YUMC) last released its earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, topping 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 analysts’ expectations of $3.03 billion. During the same period in the prior year, the company earned $0.59 earnings per share. The company’s quarterly revenue was up 5.4% on a year-over-year basis. On average, equities research analysts predict that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th were given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date was Tuesday, November 26th. Yum China’s dividend payout ratio is presently 28.32%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on YUMC shares. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research report on Saturday, December 21st. Finally, Citigroup raised Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Yum China currently has an average rating of “Buy” and an average target price of $49.57.

About Yum China

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.