Mesirow Financial Investment Management Inc. Has $990,000 Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Mesirow Financial Investment Management Inc. lifted its holdings in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 90.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,984 shares of the company's stock after acquiring an additional 10,413 shares during the period. Mesirow Financial Investment Management Inc.'s holdings in Yum China were worth $990,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in YUMC. Canada Pension Plan Investment Board lifted its stake in shares of Yum China by 40.8% during the first quarter. Canada Pension Plan Investment Board now owns 987,725 shares of the company's stock worth $39,302,000 after buying an additional 286,307 shares during the period. Value Partners Investments Inc. lifted its position in Yum China by 27.4% during the third quarter. Value Partners Investments Inc. now owns 255,950 shares of the company's stock valued at $11,523,000 after purchasing an additional 55,000 shares during the period. California State Teachers Retirement System lifted its position in Yum China by 15.3% during the first quarter. California State Teachers Retirement System now owns 127,693 shares of the company's stock valued at $5,081,000 after purchasing an additional 16,981 shares during the period. Sei Investments Co. lifted its position in Yum China by 16.0% during the first quarter. Sei Investments Co. now owns 266,021 shares of the company's stock valued at $10,585,000 after purchasing an additional 36,660 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in Yum China by 294.8% during the first quarter. Russell Investments Group Ltd. now owns 513,114 shares of the company's stock valued at $20,384,000 after purchasing an additional 383,160 shares during the period. Institutional investors own 85.58% of the company's stock.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other Yum China news, CTO Leila Zhang bought 4,000 shares of the company's stock in a transaction on Thursday, August 15th. The shares were bought at an average cost of $33.36 per share, with a total value of $133,440.00. Following the completion of the acquisition, the chief technology officer now owns 41,339 shares of the company's stock, valued at approximately $1,379,069.04. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Yum China news, CTO Leila Zhang acquired 4,000 shares of Yum China stock in a transaction dated Thursday, August 15th. The stock was bought at an average price of $33.36 per share, for a total transaction of $133,440.00. Following the transaction, the chief technology officer now 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 acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Joey Wat bought 3,800 shares of the firm's stock in a transaction on Wednesday, August 14th. The stock was purchased at an average price of $33.98 per share, with a total value of $129,124.00. Following the completion of the acquisition, the chief executive officer now owns 272,944 shares of the company's stock, valued at approximately $9,274,637.12. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 14,500 shares of company stock worth $492,063 over the last ninety days. 0.30% of the stock is owned by company insiders.

Yum China Stock Down 2.7 %

Shares of NYSE:YUMC traded down $1.35 during trading hours on Tuesday, reaching $47.88. The stock had a trading volume of 2,846,443 shares, compared to its average volume of 3,257,184. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $52.00. The firm's 50 day moving average is $42.53 and its 200-day moving average is $36.89. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.23. The stock has a market capitalization of $18.41 billion, a price-to-earnings ratio of 21.78, a P/E/G ratio of 1.76 and a beta of 0.36.

Yum China (NYSE:YUMC - Get Free Report) last issued its earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $3.03 billion. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The business's quarterly revenue was up 5.4% compared to the same quarter last year. Research analysts predict that Yum China Holdings, Inc. will post 2.31 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.34%. The ex-dividend date is Tuesday, November 26th. Yum China's dividend payout ratio (DPR) 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.