Susquehanna Advisors Group Inc. acquired a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 73,300 shares of the company's stock, valued at approximately $3,531,000.
Other institutional investors also recently modified their holdings of the company. GeoWealth Management LLC lifted its holdings in Yum China by 689.6% during the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock worth $25,000 after buying an additional 462 shares during the period. Kentucky Trust Co acquired a new stake in Yum China during the 4th quarter worth about $29,000. Graney & King LLC bought a new position in shares of Yum China in the 4th quarter worth about $39,000. EverSource Wealth Advisors LLC lifted its stake in shares of Yum China by 58.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after purchasing an additional 324 shares during the period. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Yum China during the 4th quarter valued at about $48,000. Institutional investors and hedge funds own 85.58% of the company's stock.
Analyst Ratings Changes
A number of brokerages have weighed in on YUMC. Daiwa America upgraded Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. StockNews.com lowered shares of Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Yum China presently has an average rating of "Buy" and an average price target of $48.70.
View Our Latest Stock Analysis on Yum China
Insider Buying and Selling at Yum China
In other news, CTO Leila Zhang sold 4,000 shares of Yum China stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the completion of the sale, the chief technology officer now owns 52,075 shares in the company, valued at approximately $2,634,474.25. This trade represents a 7.13 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Joey Wat sold 37,252 shares of Yum China stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the sale, the chief executive officer now directly owns 382,657 shares of the company's stock, valued at $19,021,879.47. This represents a 8.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,152 shares of company stock worth $2,242,176. Insiders own 0.40% of the company's stock.
Yum China Stock Down 0.9 %
Yum China stock traded down $0.42 during mid-day trading on Thursday, reaching $46.39. The stock had a trading volume of 2,537,618 shares, compared to its average volume of 2,973,811. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $53.99. The stock's 50-day simple moving average is $48.55 and its 200-day simple moving average is $47.37. The firm has a market capitalization of $17.40 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 1.72 and a beta of 0.32.
Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. On average, sell-side analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.
Yum China Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a $0.24 dividend. This is a boost from Yum China's previous quarterly dividend of $0.16. The ex-dividend date was Thursday, March 6th. This represents a $0.96 annualized dividend and a yield of 2.07%. Yum China's dividend payout ratio (DPR) is presently 41.20%.
About Yum China
(
Free Report)
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.
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