Oliver Luxxe Assets LLC Purchases Shares of 86,066 Yum China Holdings, Inc. (NYSE:YUMC)

Oliver Luxxe Assets LLC purchased a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 86,066 shares of the company's stock, valued at approximately $4,146,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its holdings in shares of Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock worth $38,000 after acquiring an additional 258 shares during the last quarter. McClarren Financial Advisors Inc. lifted its stake in Yum China by 906.5% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company's stock valued at $42,000 after acquiring an additional 834 shares in the last quarter. National Bank of Canada FI grew its stake in shares of Yum China by 140.3% in the 2nd quarter. National Bank of Canada FI now owns 1,490 shares of the company's stock worth $45,000 after acquiring an additional 870 shares in the last quarter. Concord Wealth Partners raised its holdings in shares of Yum China by 56.9% in the third quarter. Concord Wealth Partners now owns 1,571 shares of the company's stock valued at $71,000 after purchasing an additional 570 shares during the last quarter. Finally, Studio Investment Management LLC increased its stake in Yum China by 28.6% in the 2nd quarter. Studio Investment Management LLC now owns 2,274 shares of the company's stock valued at $70,000 after buying an additional 506 shares during the last quarter. Institutional investors own 85.58% of the company's stock.

Insider Buying and Selling

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the company's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $47.47, for a total value of $302,716.19. Following the completion of the transaction, the insider now directly owns 16,641 shares in the company, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.30% of the stock is owned by company insiders.

Yum China Stock Performance

YUMC traded up $0.27 on Monday, hitting $44.88. The company's stock had a trading volume of 3,266,799 shares, compared to its average volume of 2,691,363. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company's 50 day simple moving average is $47.89 and its 200-day simple moving average is $40.15. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The firm has a market cap of $17.04 billion, a P/E ratio of 19.86, a price-to-earnings-growth ratio of 1.76 and a beta of 0.35.

Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS 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 company had revenue of $3.07 billion during the quarter, compared to analysts' expectations of $3.03 billion. During the same quarter in the previous year, the company earned $0.59 earnings per share. Yum China's revenue for the quarter was up 5.4% on a year-over-year basis. Analysts forecast that Yum China Holdings, Inc. will post 2.33 EPS for the current year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.43%. The ex-dividend date was Tuesday, November 26th. Yum China's dividend payout ratio is 28.32%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Citigroup raised Yum China to a "strong-buy" rating in a report on Monday, September 30th. JPMorgan Chase & Co. raised Yum China from a "neutral" rating to an "overweight" rating and raised their target price for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. Finally, StockNews.com upgraded shares of Yum China from a "hold" rating to a "buy" rating in a research report on Saturday, December 21st. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $49.57.

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.