Janney Montgomery Scott LLC Buys 1,008 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Janney Montgomery Scott LLC grew its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 6.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,298 shares of the company’s stock after buying an additional 1,008 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Yum China were worth $785,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in YUMC. Farther Finance Advisors LLC raised its position 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. D.A. Davidson & CO. increased its holdings in Yum China by 1.3% in the 3rd quarter. D.A. Davidson & CO. now owns 23,692 shares of the company’s stock worth $1,067,000 after buying an additional 304 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Yum China by 2.6% during the third quarter. Advisors Asset Management Inc. now owns 12,659 shares of the company’s stock valued at $570,000 after purchasing an additional 323 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Yum China by 1.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 21,720 shares of the company’s stock valued at $978,000 after purchasing an additional 329 shares during the period. Finally, Farmers & Merchants Investments Inc. grew its holdings in shares of Yum China by 11.9% in the third quarter. Farmers & Merchants Investments Inc. now owns 3,750 shares of the company’s stock worth $169,000 after acquiring an additional 400 shares during the period. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Stock Performance

NYSE YUMC opened at $49.52 on Friday. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00. 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 business’s 50 day moving average price is $46.75 and its 200-day moving average price is $42.17. The company has a market cap of $18.81 billion, a P/E ratio of 21.91, a P/E/G ratio of 1.40 and a beta of 0.33.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Yum China had a net margin of 7.97% and a return on equity of 13.39%. Sell-side analysts predict that Yum China Holdings, Inc. will post 2.31 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction that occurred 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 owns 16,641 shares of the company’s stock, valued at $789,948.27. The trade was a 27.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on YUMC. JPMorgan Chase & Co. upgraded shares of 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. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a report on Saturday, February 1st. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $49.57.

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.