Tyro Capital Management LLC Makes New $10.09 Million Investment in Yum China Holdings, Inc. (NYSE:YUMC)

Tyro Capital Management LLC purchased a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 224,036 shares of the company's stock, valued at approximately $10,086,000. Yum China makes up approximately 3.2% of Tyro Capital Management LLC's holdings, making the stock its 12th largest holding. Tyro Capital Management LLC owned about 0.06% of Yum China at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Franklin Resources Inc. boosted its position in shares of Yum China by 4.6% in the third quarter. Franklin Resources Inc. now owns 1,804,882 shares of the company's stock worth $85,023,000 after buying an additional 79,048 shares during the period. Peapack Gladstone Financial Corp acquired a new position in Yum China during the 3rd quarter worth approximately $944,000. Wilmington Savings Fund Society FSB purchased a new position in Yum China in the 3rd quarter worth approximately $229,000. World Investment Advisors LLC purchased a new position in Yum China in the 3rd quarter worth approximately $868,000. Finally, Bard Financial Services Inc. acquired a new stake in Yum China in the third quarter valued at approximately $459,000. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the sale, the insider now owns 16,641 shares of the company's stock, valued at approximately $789,948.27. This trade represents a 27.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.30% of the stock is owned by corporate insiders.

Yum China Stock Down 0.8 %

NYSE YUMC traded down $0.41 during trading hours on Friday, reaching $49.57. 2,494,933 shares of the company traded hands, compared to its average volume of 3,158,798. The stock has a market capitalization of $18.82 billion, a PE ratio of 21.93, a PEG ratio of 1.75 and a beta of 0.36. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company has a 50 day moving average of $46.89 and a two-hundred day moving average of $38.55.

Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. The business had revenue of $3.07 billion for the quarter, compared to analysts' expectations of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The company's quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.59 earnings per share. As a group, equities analysts expect that Yum China Holdings, Inc. will post 2.33 earnings per share for the current year.

Yum China Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 annualized dividend and a yield of 1.29%. Yum China's payout ratio is 28.32%.

Analyst Ratings Changes

Several research analysts have recently weighed in on YUMC shares. StockNews.com upgraded shares of Yum China from a "hold" rating to a "buy" rating in a research note on Friday, November 15th. JPMorgan Chase & Co. raised shares of Yum China from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. Finally, Citigroup upgraded 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 company. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $51.68.

Yum China 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.