DekaBank Deutsche Girozentrale Raises Stake in Yum China Holdings, Inc. (NYSE:YUMC)

DekaBank Deutsche Girozentrale boosted its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 355.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,002,958 shares of the company's stock after purchasing an additional 782,968 shares during the period. DekaBank Deutsche Girozentrale owned about 0.26% of Yum China worth $31,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Mather Group LLC. acquired a new position in shares of Yum China in the first quarter worth about $26,000. Eagle Bay Advisors LLC raised its position in shares of Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company's stock worth $34,000 after acquiring an additional 380 shares during the period. LRI Investments LLC acquired a new position in shares of Yum China in the first quarter worth about $36,000. Johnson Financial Group Inc. raised its position in shares of Yum China by 3,107.1% in the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company's stock worth $38,000 after acquiring an additional 870 shares during the period. Finally, Pathway Financial Advisers LLC acquired a new position in shares of Yum China in the first quarter worth about $39,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Stock Up 1.5 %

Shares of YUMC traded up $0.52 during midday trading on Friday, reaching $34.90. The stock had a trading volume of 2,709,751 shares, compared to its average volume of 2,450,050. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.09. The company's fifty day simple moving average is $32.36 and its two-hundred day simple moving average is $35.58. The company has a market cap of $13.42 billion, a price-to-earnings ratio of 17.54, a PEG ratio of 1.41 and a beta of 0.34. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $58.21.

Yum China (NYSE:YUMC - Get Free Report) last posted its earnings results on Monday, August 5th. The company reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.08. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same period last year, the firm posted $0.47 EPS. The company's revenue was up .9% on a year-over-year basis. Equities research analysts expect that Yum China Holdings, Inc. will post 2.22 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, August 27th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.83%. The ex-dividend date is Tuesday, August 27th. Yum China's payout ratio is currently 32.16%.

Insiders Place Their Bets

In other news, CEO Joey Wat bought 3,800 shares of Yum China stock in a transaction dated Wednesday, August 14th. The stock was bought at an average price of $33.98 per share, for a total transaction of $129,124.00. Following the purchase, the chief executive officer now owns 272,944 shares of the company's stock, valued at $9,274,637.12. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CEO Joey Wat acquired 3,800 shares of Yum China stock in a transaction that occurred on Wednesday, August 14th. The stock was purchased at an average price of $33.98 per share, for a total transaction of $129,124.00. Following the completion of the purchase, the chief executive officer now directly owns 272,944 shares of the company's stock, valued at $9,274,637.12. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jeff Kuai acquired 3,900 shares of Yum China stock in a transaction that occurred on Tuesday, August 13th. The stock was bought at an average price of $32.72 per share, with a total value of $127,608.00. Following the purchase, the insider now directly owns 3,900 shares of the company's stock, valued at $127,608. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 18,400 shares of company stock valued at $619,671. Insiders own 0.30% of the company's stock.

Analyst Ratings Changes

Separately, Macquarie raised 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 research note on Tuesday, August 6th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $51.20.

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.