Valeo Financial Advisors LLC Sells 2,134 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Valeo Financial Advisors LLC trimmed its position in Yum China Holdings, Inc. (NYSE:YUMC) by 21.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,885 shares of the company’s stock after selling 2,134 shares during the period. Valeo Financial Advisors LLC’s holdings in Yum China were worth $335,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Cerity Partners LLC raised its holdings in Yum China by 4.2% during the fourth quarter. Cerity Partners LLC now owns 58,633 shares of the company’s stock worth $2,488,000 after acquiring an additional 2,350 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Yum China by 32.6% during the fourth quarter. Sequoia Financial Advisors LLC now owns 23,116 shares of the company’s stock worth $981,000 after acquiring an additional 5,681 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Yum China by 13.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 3,766,787 shares of the company’s stock worth $159,825,000 after acquiring an additional 433,411 shares in the last quarter. Hanson & Doremus Investment Management raised its holdings in Yum China by 15.5% during the fourth quarter. Hanson & Doremus Investment Management now owns 37,116 shares of the company’s stock worth $1,575,000 after acquiring an additional 4,988 shares in the last quarter. Finally, International Assets Investment Management LLC raised its holdings in Yum China by 2,069.1% during the fourth quarter. International Assets Investment Management LLC now owns 17,613 shares of the company’s stock worth $747,000 after acquiring an additional 16,801 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

YUMC has been the topic of several research analyst reports. HSBC dropped their price objective on Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a research note on Wednesday, March 6th. Deutsche Bank Aktiengesellschaft initiated coverage on Yum China in a research note on Tuesday, December 19th. They issued a “buy” rating and a $58.00 price objective on the stock. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $38.00 price objective (down previously from $65.00) on shares of Yum China in a research note on Thursday, January 4th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $54.65.

Yum China Price Performance

Yum China stock opened at $37.34 on Monday. Yum China Holdings, Inc. has a 12 month low of $33.55 and a 12 month high of $64.65. The stock’s 50 day moving average is $40.40 and its 200-day moving average is $42.88. The company has a current ratio of 1.42, a quick ratio of 1.24 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $14.64 billion, a price-to-earnings ratio of 19.05, a PEG ratio of 1.40 and a beta of 0.45.

Yum China (NYSE:YUMC) last posted its earnings results on Tuesday, February 6th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.13 by $0.12. Yum China had a return on equity of 11.63% and a net margin of 7.53%. The company had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the prior year, the business earned $0.13 earnings per share. The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. Equities research analysts expect that Yum China Holdings, Inc. will post 2.19 EPS for the current year.

Yum China Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Tuesday, March 5th were given a $0.16 dividend. This is an increase from Yum China’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Monday, March 4th. This represents a $0.64 annualized dividend and a dividend yield of 1.71%. Yum China’s dividend payout ratio is presently 32.65%.

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.