13,543 Yum China $YUMC Shares Sold by Ninety One SA Pty Ltd

Ninety One SA Pty Ltd trimmed its holdings in Yum China (NYSE:YUMC) by 46.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,393 shares of the company’s stock after selling 13,543 shares during the period. Ninety One SA Pty Ltd’s holdings in Yum China were worth $633,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in YUMC. Euro Pacific Asset Management LLC bought a new stake in Yum China in the 3rd quarter valued at $220,000. Farther Finance Advisors LLC lifted its holdings in Yum China by 38.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,344 shares of the company’s stock valued at $137,000 after purchasing an additional 934 shares during the last quarter. Apella Capital LLC acquired a new stake in Yum China during the 3rd quarter valued at $219,000. Applied Capital LLC FL boosted its position in Yum China by 168.7% during the third quarter. Applied Capital LLC FL now owns 22,245 shares of the company’s stock worth $914,000 after purchasing an additional 13,967 shares during the period. Finally, Envestnet Portfolio Solutions Inc. bought a new position in Yum China during the second quarter worth $523,000. 85.58% of the stock is currently owned by institutional investors.

Yum China Stock Performance

NYSE YUMC traded up $1.51 during trading on Thursday, reaching $44.71. The company’s stock had a trading volume of 1,402,398 shares, compared to its average volume of 1,594,893. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $15.31 billion, a price-to-earnings ratio of 16.38, a price-to-earnings-growth ratio of 1.13 and a beta of 0.07. Yum China has a 12 month low of $39.72 and a 12 month high of $58.39. The firm has a 50 day moving average price of $43.95 and a 200 day moving average price of $44.86.

Yum China (NYSE:YUMC) last announced its earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.03. The firm had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.05 billion. Yum China had a net margin of 7.84% and a return on equity of 15.82%. The business’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.58 EPS. As a group, equities analysts anticipate that Yum China will post 2.95 EPS for the current fiscal year.

Yum China Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Thursday, August 27th. Yum China’s dividend payout ratio (DPR) is 42.49%.

Insider Buying and Selling at Yum China

In related news, insider Duoduo (Howard) Huang sold 24,096 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $47.08, for a total value of $1,134,439.68. Following the transaction, the insider owned 7,589 shares in the company, valued at approximately $357,290.12. This trade represents a 76.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeff Kuai sold 14,586 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $47.72, for a total value of $696,043.92. Following the completion of the transaction, the insider directly owned 63,541 shares of the company’s stock, valued at approximately $3,032,176.52. This trade represents a 18.67% decrease in their position. The SEC filing for this sale provides additional information. 0.44% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. The Goldman Sachs Group reissued a “buy” rating and set a $59.00 price target on shares of Yum China in a report on Thursday, July 30th. Wall Street Zen lowered Yum China from a “buy” rating to a “hold” rating in a report on Saturday, October 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Yum China in a research report on Friday, August 21st. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.21.

About Yum China

Yum China Holdings, Inc is a restaurant company that operates and franchises quick-service and casual-dining restaurants in China. Its portfolio includes KFC, Pizza Hut, Taco Bell, Lavasa, Huang Ji Huang, COFFii&JOY and East Dawning, offering products such as fried chicken, pizza, Mexican-inspired food, coffee and traditional Chinese cuisine.

KFC China and Pizza Hut China are the company’s principal brands, serving customers through restaurants, delivery and digital ordering channels.