Moors & Cabot Inc. Makes New $228,000 Investment in Yum China Holdings, Inc. (NYSE:YUMC)

Moors & Cabot Inc. purchased a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 5,066 shares of the company’s stock, valued at approximately $228,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in 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 purchasing an additional 258 shares during the period. LRI Investments LLC acquired a new stake in shares of Yum China in the first quarter valued at about $36,000. McClarren Financial Advisors Inc. raised its position in shares of Yum China by 906.5% during the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after acquiring an additional 834 shares during the last quarter. Pathway Financial Advisers LLC acquired a new position in shares of Yum China in the first quarter worth approximately $39,000. Finally, Eagle Bay Advisors LLC boosted its holdings 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 acquiring an additional 380 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors.

Yum China Trading Down 0.0 %

NYSE:YUMC opened at $47.07 on Monday. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $17.88 billion, a price-to-earnings ratio of 20.83, a PEG ratio of 1.67 and a beta of 0.36. The firm has a fifty day simple moving average of $44.92 and a two-hundred day simple moving average of $37.49.

Yum China (NYSE:YUMC) last issued its earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The company had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period last year, the business posted $0.59 EPS. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. Analysts expect that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Tuesday, November 26th. Yum China’s payout ratio is 28.32%.

Analysts Set New Price Targets

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

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.