Jupiter Asset Management Ltd. Buys New Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Jupiter Asset Management Ltd. bought a new stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 660,900 shares of the company's stock, valued at approximately $31,836,000. Jupiter Asset Management Ltd. owned about 0.17% of Yum China as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Kentucky Trust Co purchased a new stake in Yum China in the fourth quarter valued at approximately $29,000. Farther Finance Advisors LLC boosted its position in 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 purchasing an additional 258 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position 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. Prospera Private Wealth LLC purchased a new stake in Yum China in the 3rd quarter worth approximately $110,000. Finally, Ashton Thomas Securities LLC purchased a new stake in Yum China in the 3rd quarter worth approximately $139,000. Hedge funds and other institutional investors own 85.58% of the company's stock.

Insider Activity

In related news, insider Jeff Kuai sold 3,900 shares of the stock in a transaction on Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the transaction, the insider now directly owns 56,602 shares of the company's stock, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Joey Wat sold 37,252 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total value of $1,851,796.92. Following the completion of the transaction, the chief executive officer now directly owns 382,657 shares of the company's stock, valued at approximately $19,021,879.47. This represents a 8.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.30% of the company's stock.

Yum China Trading Down 0.5 %

Yum China stock opened at $49.12 on Wednesday. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The firm has a market cap of $18.48 billion, a PE ratio of 21.08, a P/E/G 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. The stock's 50 day simple moving average is $46.71 and its two-hundred day simple moving average is $45.06.

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Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. Analysts anticipate that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Increases Dividend

The firm 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 dividend of $0.24 per share. This is a positive change from Yum China's previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.95%. Yum China's dividend payout ratio (DPR) is 41.20%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Yum China from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th.

About Yum China

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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