Banque Cantonale Vaudoise Buys 23,625 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Banque Cantonale Vaudoise raised its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 38.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 84,321 shares of the company’s stock after acquiring an additional 23,625 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Yum China were worth $3,796,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in YUMC. Eagle Bay Advisors LLC grew its position in Yum China by 53.7% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock worth $34,000 after acquiring an additional 380 shares during the last quarter. LRI Investments LLC bought a new stake in shares of Yum China during the first quarter worth $36,000. Farther Finance Advisors LLC increased its stake in shares of Yum China by 43.9% in the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after buying an additional 258 shares in the last quarter. Pathway Financial Advisers LLC bought a new position in shares of Yum China in the first quarter valued at about $39,000. Finally, McClarren Financial Advisors Inc. lifted its position in Yum China by 906.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after buying an additional 834 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Analyst Upgrades and Downgrades

YUMC has been the subject of several research reports. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and raised their price objective for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and increased their price target for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Finally, Citigroup upgraded Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $51.68.

Yum China Trading Down 0.6 %

Shares of NYSE YUMC opened at $47.39 on Wednesday. The company’s 50 day simple moving average is $43.89 and its 200 day simple moving average is $37.22. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00. The firm has a market capitalization of $18.00 billion, a P/E ratio of 20.97, a P/E/G ratio of 1.71 and a beta of 0.36.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The business had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.59 earnings per share. On average, analysts predict that Yum China Holdings, Inc. will post 2.31 EPS for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s payout ratio is presently 28.32%.

About Yum China

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.