International Assets Investment Management LLC Acquires 15,280 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

International Assets Investment Management LLC raised its position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 4,403.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,627 shares of the company's stock after purchasing an additional 15,280 shares during the period. International Assets Investment Management LLC's holdings in Yum China were worth $704,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. GUARDCAP ASSET MANAGEMENT Ltd lifted its stake in shares of Yum China by 38.4% in the 1st quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company's stock worth $486,391,000 after acquiring an additional 3,389,987 shares during the period. Earnest Partners LLC acquired a new stake in shares of Yum China in the 1st quarter worth approximately $65,645,000. Mondrian Investment Partners LTD lifted its stake in shares of Yum China by 56.3% in the 2nd quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company's stock worth $133,203,000 after acquiring an additional 1,582,859 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of Yum China by 171.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,069,134 shares of the company's stock worth $63,812,000 after acquiring an additional 1,307,574 shares during the period. Finally, Lind Value II ApS acquired a new stake in shares of Yum China in the 2nd quarter worth approximately $40,246,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Warton Wang purchased 3,700 shares of the business's stock in a transaction dated Friday, August 16th. The shares were acquired at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the acquisition, the insider now directly owns 25,023 shares of the company's stock, valued at $867,547.41. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Robert Blaine Aiken, Jr. acquired 3,000 shares of the stock in a transaction that occurred on Friday, August 16th. The shares were purchased at an average cost of $33.74 per share, with a total value of $101,220.00. Following the completion of the transaction, the director now owns 12,088 shares of the company's stock, valued at approximately $407,849.12. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Warton Wang acquired 3,700 shares of the stock in a transaction that occurred on Friday, August 16th. The shares were bought at an average cost of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the transaction, the insider now directly owns 25,023 shares of the company's stock, valued at $867,547.41. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 18,400 shares of company stock worth $619,671 over the last 90 days. 0.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on YUMC. JPMorgan Chase & Co. raised shares of Yum China from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $35.50 to $60.00 in a research note on Tuesday. 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 target price for the stock 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. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Yum China currently has an average rating of "Buy" and a consensus target price of $51.68.

Yum China Trading Up 3.1 %

Shares of YUMC stock traded up $1.47 during trading hours on Wednesday, reaching $49.82. 3,999,340 shares of the stock traded hands, compared to its average volume of 3,257,166. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $51.68. The business has a fifty day moving average price of $41.55 and a 200 day moving average price of $36.65. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $19.15 billion, a PE ratio of 22.04, a PEG ratio of 1.79 and a beta of 0.36.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.09. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The business had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the previous year, the business earned $0.59 earnings per share. The firm's revenue was up 5.4% compared to the same quarter last year. On average, equities research analysts forecast that Yum China Holdings, Inc. will post 2.23 EPS for the current year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be issued a dividend of $0.16 per share. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.28%. Yum China's dividend payout ratio is currently 28.32%.

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.