North Star Investment Management Corp. Trims Position in Yum China Holdings, Inc. (NYSE:YUMC)

North Star Investment Management Corp. lessened its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 41.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,593 shares of the company's stock after selling 6,728 shares during the period. North Star Investment Management Corp.'s holdings in Yum China were worth $499,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. GeoWealth Management LLC lifted its stake in shares of Yum China by 689.6% in the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after purchasing an additional 462 shares during the period. CX Institutional purchased a new position in Yum China in the first quarter valued at $37,000. Graney & King LLC acquired a new position in shares of Yum China in the fourth quarter worth about $39,000. EverSource Wealth Advisors LLC raised its position in shares of Yum China by 58.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock worth $42,000 after acquiring an additional 324 shares during the period. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Yum China during the 4th quarter worth about $48,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on YUMC. Wall Street Zen lowered Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Daiwa America upgraded Yum China to a "strong-buy" rating in a research report on Wednesday, April 9th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Yum China has a consensus rating of "Buy" and a consensus target price of $48.70.

Yum China Stock Down 2.5%

YUMC stock opened at $43.55 on Monday. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $53.99. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The firm has a 50-day simple moving average of $44.20 and a 200-day simple moving average of $46.80. The stock has a market capitalization of $16.26 billion, a P/E ratio of 18.69, a P/E/G ratio of 1.72 and a beta of 0.28.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.77 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). The firm had revenue of $2.98 billion for the quarter, compared to analyst estimates of $3.13 billion. Yum China had a net margin of 8.06% and a return on equity of 13.83%. Yum China's revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.71 EPS. Equities analysts forecast that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.20%. Yum China's payout ratio is currently 40.17%.

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.

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