Yum China Holdings, Inc. (NYSE:YUMC) Shares Acquired by Quantbot Technologies LP

Quantbot Technologies LP grew its position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 262.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 212,442 shares of the company's stock after purchasing an additional 153,887 shares during the quarter. Quantbot Technologies LP owned approximately 0.05% of Yum China worth $6,552,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in YUMC. Mather Group LLC. purchased a new stake in shares of Yum China during the 1st quarter worth about $26,000. Eagle Bay Advisors LLC raised its stake in shares of Yum China by 53.7% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company's stock worth $34,000 after buying an additional 380 shares during the period. LRI Investments LLC purchased a new position in shares of Yum China during the 1st quarter valued at approximately $36,000. Johnson Financial Group Inc. grew its stake in Yum China by 3,107.1% in the 4th quarter. Johnson Financial Group Inc. now owns 898 shares of the company's stock valued at $38,000 after acquiring an additional 870 shares during the period. Finally, Pathway Financial Advisers LLC purchased a new stake in Yum China in the 1st quarter worth $39,000. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Trading Down 1.1 %

NYSE:YUMC traded down $0.37 during trading hours on Monday, hitting $34.53. The company had a trading volume of 3,721,637 shares, compared to its average volume of 3,069,262. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $58.21. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average of $32.36 and a 200 day moving average of $35.52. The company has a market cap of $13.27 billion, a P/E ratio of 17.53, a P/E/G ratio of 1.41 and a beta of 0.34.

Yum China (NYSE:YUMC - Get Free Report) last issued its earnings results on Monday, August 5th. The company reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.08. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.76 billion. Yum China had a net margin of 7.61% and a return on equity of 12.41%. Yum China's quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 earnings per share. Sell-side 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 declared a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Tuesday, August 27th. Yum China's dividend payout ratio (DPR) is presently 32.16%.

Wall Street Analysts Forecast Growth

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 issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $51.20.

Insider Transactions at Yum China

In related news, insider Warton Wang purchased 3,700 shares of Yum China stock in a transaction dated Friday, August 16th. The shares were acquired at an average cost of $34.67 per share, with a total value of $128,279.00. Following the purchase, the insider now owns 25,023 shares of the company's stock, valued at $867,547.41. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Yum China news, CTO Leila Zhang acquired 4,000 shares of the company's stock in a transaction that occurred on Thursday, August 15th. The stock was purchased at an average price of $33.36 per share, for a total transaction 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. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Warton Wang purchased 3,700 shares of the company's stock in a transaction on Friday, August 16th. The stock was acquired at an average price of $34.67 per share, with a total value of $128,279.00. Following the purchase, the insider now owns 25,023 shares of the company's stock, valued at $867,547.41. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 18,400 shares of company stock worth $619,671. 0.30% of the stock is currently owned by company insiders.

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.