GSA Capital Partners LLP lifted its position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 100.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,760 shares of the company's stock after purchasing an additional 17,898 shares during the period. GSA Capital Partners LLP's holdings in Yum China were worth $1,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently bought and sold shares of the stock. Farther Finance Advisors LLC grew its stake in shares of Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock worth $38,000 after buying an additional 258 shares in the last quarter. Industrial Alliance Investment Management Inc. grew its stake in shares of Yum China by 4.4% in the 1st quarter. Industrial Alliance Investment Management Inc. now owns 6,802 shares of the company's stock worth $271,000 after buying an additional 286 shares in the last quarter. Blair William & Co. IL grew its stake in shares of Yum China by 1.2% in the 2nd quarter. Blair William & Co. IL now owns 25,639 shares of the company's stock worth $791,000 after buying an additional 302 shares in the last quarter. Carmichael Hill & Associates Inc. grew its stake in shares of Yum China by 12.1% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company's stock worth $103,000 after buying an additional 360 shares in the last quarter. Finally, Eagle Bay Advisors LLC grew its stake in shares of Yum China by 53.7% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company's stock worth $34,000 after buying an additional 380 shares in the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.
Yum China Stock Down 0.8 %
Shares of Yum China stock traded down $0.38 on Wednesday, reaching $47.51. The stock had a trading volume of 1,885,497 shares, compared to its average volume of 3,250,951. The company has a 50 day moving average price of $42.81 and a 200 day moving average price of $36.94. The company has a quick ratio of 1.09, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $52.00. The stock has a market capitalization of $18.04 billion, a P/E ratio of 20.99, a P/E/G ratio of 1.71 and a beta of 0.36.
Yum China (NYSE:YUMC - Get Free Report) last released its earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. The company had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. Yum China's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.59 EPS. As a group, equities research analysts forecast that Yum China Holdings, Inc. will post 2.31 EPS for the current year.
Yum China Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China's payout ratio is 28.32%.
Insider Buying and Selling at Yum China
In other Yum China news, Director Robert Blaine Aiken, Jr. acquired 3,000 shares of the firm's stock in a transaction on Friday, August 16th. The stock was acquired at an average cost of $33.74 per share, for a total transaction of $101,220.00. Following the purchase, the director now owns 12,088 shares in the company, valued at approximately $407,849.12. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CTO Leila Zhang bought 4,000 shares of the firm's stock in a transaction that occurred on Thursday, August 15th. The stock was purchased at an average cost of $33.36 per share, for a total transaction of $133,440.00. Following the purchase, the chief technology officer now directly owns 41,339 shares in the company, valued at approximately $1,379,069.04. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert Blaine Aiken, Jr. acquired 3,000 shares of Yum China stock in a transaction on Friday, August 16th. The shares were bought at an average price of $33.74 per share, with a total value of $101,220.00. Following the completion of the transaction, the director now directly owns 12,088 shares of the company's stock, valued at $407,849.12. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 10,700 shares of company stock worth $362,939. Company insiders own 0.30% of the company's stock.
Wall Street Analysts Forecast Growth
YUMC has been the subject of a number of recent research reports. JPMorgan Chase & Co. raised shares of Yum China from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Citigroup upgraded shares of Yum China to a "strong-buy" rating in a report on Monday, September 30th. Macquarie upgraded shares of Yum China from an "underperform" rating to an "outperform" rating and boosted their price target for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. Finally, StockNews.com upgraded shares of Yum China from a "hold" rating to a "buy" rating in a report on Wednesday, November 6th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $51.68.
Get Our Latest Report on YUMC
Yum China Company Profile
(
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.
Featured Stories
Before you consider Yum China, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yum China wasn't on the list.
While Yum China currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for December 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report