Mogy Joel R Investment Counsel Inc. Sells 8,712 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Mogy Joel R Investment Counsel Inc. cut its stake in shares of Yum China Holdings, Inc. (NYSE:YUMCGet Rating) by 90.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 968 shares of the company’s stock after selling 8,712 shares during the period. Mogy Joel R Investment Counsel Inc.’s holdings in Yum China were worth $48,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Qtron Investments LLC increased its position in shares of Yum China by 80.0% during the 3rd quarter. Qtron Investments LLC now owns 36,429 shares of the company’s stock valued at $2,117,000 after purchasing an additional 16,195 shares during the last quarter. Handelsbanken Fonder AB increased its position in shares of Yum China by 17.6% during the 4th quarter. Handelsbanken Fonder AB now owns 192,851 shares of the company’s stock valued at $9,612,000 after purchasing an additional 28,900 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Yum China by 5.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 106,333 shares of the company’s stock valued at $5,299,000 after purchasing an additional 5,694 shares during the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of Yum China by 7.6% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 11,687 shares of the company’s stock valued at $583,000 after purchasing an additional 829 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Yum China by 11.5% during the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 129,780 shares of the company’s stock valued at $6,429,000 after purchasing an additional 13,431 shares during the last quarter. Institutional investors and hedge funds own 80.30% of the company’s stock.

YUMC traded up $1.83 during trading hours on Friday, hitting $39.30. The stock had a trading volume of 2,201,297 shares, compared to its average volume of 1,789,751. The company’s fifty day simple moving average is $41.83 and its 200 day simple moving average is $47.51. Yum China Holdings, Inc. has a 1 year low of $33.55 and a 1 year high of $69.67. The stock has a market cap of $16.65 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of 6.31 and a beta of 0.67. The company has a quick ratio of 1.80, a current ratio of 2.05 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMCGet Rating) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.05). The firm had revenue of $2.67 billion during the quarter, compared to analysts’ expectations of $2.60 billion. Yum China had a return on equity of 5.38% and a net margin of 8.63%. The company’s revenue was up 4.3% compared to the same quarter last year. During the same period last year, the business posted $0.54 EPS. As a group, equities analysts expect that Yum China Holdings, Inc. will post 0.77 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 21st. Shareholders of record on Tuesday, May 31st will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Friday, May 27th. Yum China’s payout ratio is presently 24.12%.

Several brokerages have recently issued reports on YUMC. StockNews.com began coverage on Yum China in a research report on Thursday, March 31st. They set a “hold” rating for the company. Zacks Investment Research raised Yum China from a “strong sell” rating to a “hold” rating and set a $43.00 price objective for the company in a report on Tuesday, April 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $57.63.

Yum China Profile (Get Rating)

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, and East Dawning brands, which specialize in chicken, pizza, hot pot cooking, simmer pot, Italian coffee, specialty coffee, Mexican-style food, and Chinese food categories.

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

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