Avantax Advisory Services Inc. purchased a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,796 shares of the company's stock, valued at approximately $231,000.
Several other large investors have also made changes to their positions in the company. Kentucky Trust Co bought a new position in shares of Yum China in the 4th quarter valued at $29,000. EverSource Wealth Advisors LLC increased its holdings in Yum China by 58.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock worth $42,000 after purchasing an additional 324 shares in the last quarter. Independence Bank of Kentucky raised its position in Yum China by 1,374.5% in the fourth quarter. Independence Bank of Kentucky now owns 2,949 shares of the company's stock valued at $142,000 after purchasing an additional 2,749 shares during the last quarter. Sapient Capital LLC acquired a new stake in shares of Yum China during the fourth quarter valued at about $202,000. Finally, Coldstream Capital Management Inc. bought a new stake in shares of Yum China during the third quarter worth about $203,000. Institutional investors and hedge funds own 85.58% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th.
Get Our Latest Analysis on Yum China
Insider Buying and Selling
In other news, insider Jeff Kuai sold 3,900 shares of the firm's stock in a transaction that occurred on Monday, February 17th. The shares were sold at an average price of $48.21, for a total transaction of $188,019.00. Following the completion of the sale, the insider now owns 56,602 shares of the company's stock, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CTO Leila Zhang sold 4,000 shares of the company's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $50.59, for a total transaction of $202,360.00. Following the transaction, the chief technology officer now owns 52,075 shares in the company, valued at $2,634,474.25. This represents a 7.13 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 45,152 shares of company stock valued at $2,242,176 over the last quarter. Insiders own 0.30% of the company's stock.
Yum China Trading Down 2.4 %
NYSE:YUMC traded down $1.29 during trading hours on Friday, hitting $51.89. 1,755,276 shares of the company were exchanged, compared to its average volume of 2,806,097. The company has a fifty day simple moving average of $48.71 and a 200 day simple moving average of $46.73. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $53.99. The stock has a market capitalization of $19.52 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 1.72 and a beta of 0.35. 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 - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. Sell-side analysts expect that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.
Yum China Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.24 dividend. This is a positive change from Yum China's previous quarterly dividend of $0.16. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date was Thursday, March 6th. Yum China's dividend payout ratio is currently 41.20%.
About Yum China
(
Free Report)
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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