Raymond James Financial Services Advisors Inc. Trims Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Raymond James Financial Services Advisors Inc. trimmed its holdings in Yum China Holdings, Inc. (NYSE:YUMC – Get Rating) by 1.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 39,106 shares of the company’s stock after selling 611 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Yum China were worth $2,137,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Retirement Financial Solutions LLC bought a new position in Yum China in the fourth quarter worth approximately $26,000. RFP Financial Group LLC bought a new position in Yum China in the fourth quarter worth approximately $27,000. Accurate Wealth Management LLC bought a new position in Yum China in the fourth quarter worth approximately $29,000. Eagle Bay Advisors LLC grew its stake in Yum China by 168.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 544 shares of the company’s stock worth $30,000 after purchasing an additional 341 shares in the last quarter. Finally, Red Tortoise LLC bought a new position in Yum China in the fourth quarter worth approximately $37,000. 78.89% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on YUMC. StockNews.com began coverage on Yum China in a research note on Thursday, May 18th. They issued a “buy” rating on the stock. Jefferies Financial Group cut Yum China from a “buy” rating to a “hold” rating in a research note on Wednesday, February 1st. TheStreet raised Yum China from a “c+” rating to a “b” rating in a research report on Tuesday, May 2nd. Finally, OTR Global raised Yum China from a “mixed” rating to a “positive” rating in a research report on Wednesday, April 12th.

Yum China Stock Down 1.3 %

Shares of NYSE YUMC opened at $57.15 on Thursday. The company has a current ratio of 1.77, a quick ratio of 1.59 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $23.88 billion, a PE ratio of 38.10, a price-to-earnings-growth ratio of 1.47 and a beta of 0.53. The stock’s fifty day simple moving average is $61.96 and its two-hundred day simple moving average is $59.07. Yum China Holdings, Inc. has a 12-month low of $38.47 and a 12-month high of $64.70.

Yum China (NYSE:YUMC – Get Rating) last announced its earnings results on Tuesday, May 2nd. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.26. The business had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Yum China had a return on equity of 8.77% and a net margin of 6.43%. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.24 EPS. As a group, analysts expect that Yum China Holdings, Inc. will post 1.99 EPS for the current fiscal year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 20th. Stockholders of record on Tuesday, May 30th will be given a $0.13 dividend. The ex-dividend date is Friday, May 26th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.91%. Yum China’s payout ratio is 34.67%.

Insider Transactions at Yum China

In other news, Director William Wang Yang sold 1,136,016 shares of the firm’s stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $62.31, for a total value of $70,785,156.96. Following the completion of the sale, the director now owns 13,035,635 shares of the company’s stock, valued at approximately $812,250,416.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director William Wang Yang sold 1,136,016 shares of the firm’s stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $62.31, for a total value of $70,785,156.96. Following the completion of the sale, the director now owns 13,035,635 shares of the company’s stock, valued at approximately $812,250,416.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Peter A. Bassi sold 17,500 shares of the firm’s stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $60.96, for a total value of $1,066,800.00. Following the completion of the transaction, the director now owns 46,264 shares of the company’s stock, valued at approximately $2,820,253.44. The disclosure for this sale can be found here. Insiders sold 1,167,023 shares of company stock valued at $72,689,223 in the last quarter. 0.33% of the stock is currently owned by corporate insiders.

Yum China Company Profile

(Get Rating)

Yum China Holdings, Inc engages in the operation and management of restaurants and fast food chains. It operates through the following segments: Kentucky Fried Chicken (KFC), Pizza Hut, and All Other Segments. The KFC segment operates restaurant chain. The Pizza Hut segment covers the Pizza Hut casual dining and Pizza Hut home service.