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

Banque Cantonale Vaudoise increased its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 38.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 84,321 shares of the company’s stock after purchasing an additional 23,625 shares during the period. Banque Cantonale Vaudoise’s holdings in Yum China were worth $3,796,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of YUMC. Eagle Bay Advisors LLC lifted its stake in Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after buying an additional 380 shares in the last quarter. LRI Investments LLC acquired a new stake in shares of Yum China during the first quarter worth $36,000. Farther Finance Advisors LLC lifted its position in Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after acquiring an additional 258 shares in the last quarter. Pathway Financial Advisers LLC acquired a new position in Yum China in the 1st quarter worth $39,000. Finally, McClarren Financial Advisors Inc. increased its holdings 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 purchasing an additional 834 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Price Performance

NYSE:YUMC opened at $47.39 on Wednesday. The stock has a market capitalization of $18.00 billion, a PE ratio of 20.97, a P/E/G ratio of 1.71 and a beta of 0.36. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $52.00. The firm has a fifty day simple moving average of $43.89 and a 200 day simple moving average of $37.22. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01.

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

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a $0.16 dividend. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.35%. Yum China’s payout ratio is 28.32%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and raised their price target for the stock from $30.00 to $37.40 in a research note on Tuesday, August 6th. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Finally, Citigroup raised shares of Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $51.68.

Yum China 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.