Freemont Capital Pte Ltd Invests $2.25 Million in Yum China Holdings, Inc. (NYSE:YUMC)

Freemont Capital Pte Ltd bought a new stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 50,000 shares of the company's stock, valued at approximately $2,251,000. Yum China comprises about 10.5% of Freemont Capital Pte Ltd's portfolio, making the stock its 4th biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of YUMC. GUARDCAP ASSET MANAGEMENT Ltd increased its holdings in Yum China by 38.4% during the 1st quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company's stock valued at $486,391,000 after purchasing an additional 3,389,987 shares during the period. Massachusetts Financial Services Co. MA lifted its position in Yum China by 1.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 11,967,353 shares of the company's stock valued at $369,073,000 after acquiring an additional 121,617 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Yum China by 49.6% in the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company's stock worth $356,206,000 after buying an additional 2,609,494 shares in the last quarter. Mondrian Investment Partners LTD raised its stake in Yum China by 56.3% during the 2nd quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company's stock valued at $133,203,000 after buying an additional 1,582,859 shares during the last quarter. Finally, Waverton Investment Management Ltd grew its position in shares of Yum China by 350.7% during the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company's stock valued at $189,202,000 after acquiring an additional 3,270,560 shares during the period. Hedge funds and other institutional investors own 85.58% of the company's stock.

Yum China Price Performance

Shares of Yum China stock traded down $0.02 during trading hours on Friday, reaching $47.21. The stock had a trading volume of 2,767,814 shares, compared to its average volume of 2,972,201. The company has a current ratio of 1.29, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00. The stock's 50 day moving average is $43.61 and its 200 day moving average is $37.14. The firm has a market capitalization of $17.93 billion, a PE ratio of 20.89, a PEG ratio of 1.69 and a beta of 0.36.

Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The firm had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the business posted $0.59 earnings per share. The firm's revenue was up 5.4% compared to the same quarter last year. Equities analysts expect that Yum China Holdings, Inc. will post 2.31 earnings per share for the current fiscal year.

Yum China Announces Dividend

The business also recently disclosed 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. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.36%. Yum China's dividend payout ratio is presently 28.32%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on YUMC. StockNews.com upgraded shares of Yum China from a "hold" rating to a "buy" rating in a report on Friday. Citigroup upgraded shares of Yum China to a "strong-buy" rating in a research report on Monday, September 30th. JPMorgan Chase & Co. raised shares of 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. Finally, Macquarie raised shares of Yum China from an "underperform" rating to an "outperform" rating and lifted their price target for the stock 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 issued a strong buy rating to the stock. Based on data from MarketBeat, Yum China presently has a consensus 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.