Raymond James & Associates Has $34.57 Million Stake in Yum China Holdings, Inc. (NYSE:YUMC)

Raymond James & Associates decreased its position in shares of Yum China Holdings, Inc. (NYSE:YUMCFree Report) by 8.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 814,636 shares of the company’s stock after selling 74,056 shares during the quarter. Raymond James & Associates’ holdings in Yum China were worth $34,565,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC boosted its stake in Yum China by 116.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 464 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. boosted its stake in Yum China by 817.3% during the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 477 shares of the company’s stock worth $27,000 after acquiring an additional 425 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new position in Yum China during the 3rd quarter worth approximately $27,000. NBC Securities Inc. bought a new position in Yum China during the 3rd quarter worth approximately $29,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in Yum China in the first quarter valued at approximately $44,000. Institutional investors own 85.58% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on YUMC. HSBC cut their price target on shares of Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a research note on Wednesday, March 6th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $38.00 price target (down previously from $65.00) on shares of Yum China in a research note on Thursday, January 4th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Yum China in a research note on Tuesday, December 19th. They issued a “buy” rating and a $58.00 price target on the stock. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $54.65.

Read Our Latest Stock Report on YUMC

Yum China Stock Performance

Shares of YUMC stock opened at $39.79 on Friday. The company’s fifty day simple moving average is $39.70 and its 200-day simple moving average is $44.24. The company has a quick ratio of 1.24, a current ratio of 1.42 and a debt-to-equity ratio of 0.01. The firm has a market cap of $15.95 billion, a PE ratio of 20.30, a P/E/G ratio of 1.46 and a beta of 0.46. Yum China Holdings, Inc. has a 12 month low of $33.55 and a 12 month high of $64.70.

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

Yum China Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Tuesday, March 5th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.61%. This is an increase from Yum China’s previous quarterly dividend of $0.13. The ex-dividend date was Monday, March 4th. Yum China’s payout ratio is presently 32.65%.

Yum China Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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