34,324 Shares in Yum China Holdings, Inc. (NYSE:YUMC) Purchased by LGT Group Foundation

LGT Group Foundation acquired a new stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 34,324 shares of the company's stock, valued at approximately $1,653,000.

A number of other large investors also recently bought and sold shares of the stock. Waverton Investment Management Ltd grew its stake in shares of Yum China by 350.7% in the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company's stock valued at $189,202,000 after buying an additional 3,270,560 shares in the last quarter. Janus Henderson Group PLC acquired a new position in Yum China in the 3rd quarter valued at about $2,177,000. GSA Capital Partners LLP increased its stake in Yum China by 100.2% during the third quarter. GSA Capital Partners LLP now owns 35,760 shares of the company's stock worth $1,610,000 after purchasing an additional 17,898 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of Yum China by 21.3% during the third quarter. Thrivent Financial for Lutherans now owns 2,510,386 shares of the company's stock worth $113,017,000 after purchasing an additional 441,252 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its stake in shares of Yum China by 16.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 56,896 shares of the company's stock valued at $2,794,000 after purchasing an additional 8,101 shares during the period. Institutional investors and hedge funds own 85.58% of the company's stock.

Insider Transactions at Yum China

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

Remove Ads

Yum China Stock Up 0.8 %

YUMC traded up $0.42 on Friday, hitting $49.72. 2,355,266 shares of the company were exchanged, compared to its average volume of 2,813,586. The firm has a 50-day moving average price of $46.65 and a two-hundred day moving average price of $44.57. The company has a current ratio of 1.29, a quick ratio of 1.15 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 company has a market cap of $18.88 billion, a price-to-earnings ratio of 21.34, a price-to-earnings-growth ratio of 1.72 and a beta of 0.33.

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

Yum China Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.93%. 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. Yum China's dividend payout ratio (DPR) is presently 41.20%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th.

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.