XY Capital Ltd Acquires Shares of 238,498 Yum China Holdings, Inc. (NYSE:YUMC)

XY Capital Ltd purchased a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 238,498 shares of the company's stock, valued at approximately $10,737,000. Yum China comprises 3.7% of XY Capital Ltd's portfolio, making the stock its 3rd largest position. XY Capital Ltd owned about 0.06% of Yum China at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of YUMC. Farther Finance Advisors LLC raised its position in Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock valued at $38,000 after purchasing an additional 258 shares during the last quarter. Industrial Alliance Investment Management Inc. grew its holdings in Yum China by 4.4% in the first quarter. Industrial Alliance Investment Management Inc. now owns 6,802 shares of the company's stock worth $271,000 after purchasing an additional 286 shares during the period. Blair William & Co. IL lifted its holdings in shares of Yum China by 1.2% during the second quarter. Blair William & Co. IL now owns 25,639 shares of the company's stock valued at $791,000 after purchasing an additional 302 shares during the last quarter. Carmichael Hill & Associates Inc. boosted its position in shares of Yum China by 12.1% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company's stock worth $103,000 after purchasing an additional 360 shares in the last quarter. Finally, Eagle Bay Advisors LLC boosted its holdings in 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 in the last quarter. 85.58% of the stock is owned by institutional investors.

Insider Buying and Selling at Yum China

In other news, insider Jeff Kuai bought 3,900 shares of the company's 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 acquisition, the insider now owns 3,900 shares of the company's stock, valued at approximately $127,608. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Joey Wat bought 3,800 shares of the business's stock in a transaction that occurred on Wednesday, August 14th. The stock was bought at an average cost of $33.98 per share, with a total value of $129,124.00. Following the completion of the purchase, the chief executive officer now owns 272,944 shares of the company's stock, valued at approximately $9,274,637.12. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jeff Kuai purchased 3,900 shares of Yum China stock in a transaction on Tuesday, August 13th. The stock was bought at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the completion of the acquisition, the insider now owns 3,900 shares in the company, valued at $127,608. The disclosure for this purchase can be found here. Insiders have bought 18,400 shares of company stock valued at $619,671 over the last 90 days. 0.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on YUMC shares. StockNews.com raised Yum China from a "hold" rating to a "buy" rating in a report on Wednesday. Citigroup raised shares of Yum China to a "strong-buy" rating in a report on Monday, September 30th. JPMorgan Chase & Co. upgraded shares of Yum China from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $35.50 to $60.00 in a research report on Tuesday. Finally, Macquarie raised Yum China from an "underperform" rating to an "outperform" rating and increased their price target for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Yum China has a consensus rating of "Buy" and a consensus target price of $51.68.

Yum China Stock Performance

YUMC traded down $2.15 during trading on Friday, hitting $49.31. The company's stock had a trading volume of 2,433,096 shares, compared to its average volume of 3,261,490. The business's 50 day simple moving average is $42.22 and its 200-day simple moving average is $36.83. The firm has a market cap of $18.96 billion, a PE ratio of 21.82, a P/E/G ratio of 1.79 and a beta of 0.36. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $52.00. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The company had revenue of $3.07 billion for the quarter, compared to analysts' expectations of $3.03 billion. During the same period last year, the firm earned $0.59 EPS. Yum China's revenue for the quarter was up 5.4% compared to the same quarter last year. As a group, sell-side analysts predict that Yum China Holdings, Inc. will post 2.3 EPS for the current fiscal year.

Yum China Dividend Announcement

The company 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. This represents a $0.64 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Tuesday, November 26th. Yum China's payout ratio is 28.32%.

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.