Yum China Holdings, Inc. (NYSE:YUMC) Shares Purchased by LMR Partners LLP

LMR Partners LLP lifted its stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 238.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,474 shares of the company's stock after purchasing an additional 50,374 shares during the period. LMR Partners LLP's holdings in Yum China were worth $3,218,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. TIAA Trust National Association raised its stake in shares of Yum China by 26.0% during the first quarter. TIAA Trust National Association now owns 6,413 shares of the company's stock valued at $255,000 after acquiring an additional 1,322 shares in the last quarter. Bessemer Group Inc. lifted its stake in Yum China by 14.3% in the first quarter. Bessemer Group Inc. now owns 3,235 shares of the company's stock worth $129,000 after acquiring an additional 405 shares during the period. MQS Management LLC purchased a new position in Yum China during the 1st quarter valued at about $203,000. EntryPoint Capital LLC bought a new stake in shares of Yum China in the 1st quarter valued at about $79,000. Finally, CreativeOne Wealth LLC purchased a new stake in shares of Yum China in the 1st quarter worth approximately $312,000. Hedge funds and other institutional investors own 85.58% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Macquarie raised Yum China from an "underperform" rating to an "outperform" rating and increased their target price for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. JPMorgan Chase & Co. upgraded shares of Yum China from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. Citigroup upgraded shares of Yum China to a "strong-buy" rating in a report on Monday, September 30th. Finally, StockNews.com upgraded shares of Yum China from a "hold" rating to a "buy" rating in a research note on Friday. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $51.68.

Yum China Stock Performance

Shares of Yum China stock traded down $0.27 during midday trading on Tuesday, hitting $47.39. The company had a trading volume of 1,404,944 shares, compared to its average volume of 3,226,189. The company has a fifty day simple moving average of $43.89 and a 200 day simple moving average of $37.22. The stock has a market cap of $18.00 billion, a price-to-earnings ratio of 20.98, a PEG ratio of 1.69 and a beta of 0.36. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. The business had revenue of $3.07 billion during 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%. The business's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.59 earnings per share. As a group, analysts predict that Yum China Holdings, Inc. will post 2.31 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Tuesday, November 26th. Yum China's payout ratio is 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.