56,134 Shares in Yum China Holdings, Inc. (NYSE:YUMC) Acquired by Caas Capital Management LP

Caas Capital Management LP acquired a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 56,134 shares of the company's stock, valued at approximately $2,704,000. Yum China comprises approximately 0.5% of Caas Capital Management LP's portfolio, making the stock its 11th biggest holding.

Other large investors have also modified their holdings of the company. Farther Finance Advisors LLC lifted its position in Yum China by 43.9% during the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock valued at $38,000 after buying an additional 258 shares in the last quarter. McClarren Financial Advisors Inc. lifted its holdings in shares of Yum China by 906.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company's stock valued at $42,000 after acquiring an additional 834 shares in the last quarter. Concord Wealth Partners boosted its position in Yum China by 56.9% during the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company's stock worth $71,000 after purchasing an additional 570 shares during the period. Eastern Bank acquired a new stake in Yum China in the 3rd quarter valued at $103,000. Finally, Prospera Private Wealth LLC purchased a new position in Yum China in the third quarter valued at about $110,000. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Yum China Stock Down 2.6 %

Shares of NYSE:YUMC traded down $1.27 during trading on Friday, hitting $48.38. The company's stock had a trading volume of 4,241,584 shares, compared to its average volume of 2,282,455. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00. The stock's 50-day moving average price is $46.80 and its two-hundred day moving average price is $42.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The company has a market capitalization of $18.37 billion, a PE ratio of 21.41, a PEG ratio of 1.40 and a beta of 0.33.

Yum China (NYSE:YUMC - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a net margin of 7.97% and a return on equity of 13.39%. As a group, sell-side analysts expect that Yum China Holdings, Inc. will post 2.31 EPS for the current year.

Yum China Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a $0.24 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 1.98%. This is an increase from Yum China's previous quarterly dividend of $0.16. Yum China's payout ratio is presently 28.32%.

Insider Activity

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the business's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the completion of the sale, the insider now directly owns 16,641 shares in the company, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.30% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on YUMC. JPMorgan Chase & Co. upgraded Yum China from a "neutral" rating to an "overweight" rating and increased their target price for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. StockNews.com raised shares of Yum China from a "hold" rating to a "buy" rating in a research report on Saturday, February 1st. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $49.57.

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.