Y Intercept Hong Kong Ltd acquired a new stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 9,020 shares of the company's stock, valued at approximately $434,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of YUMC. Waverton Investment Management Ltd increased its stake in shares of Yum China by 350.7% in the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company's stock worth $189,202,000 after buying an additional 3,270,560 shares during the period. Janus Henderson Group PLC bought a new stake in Yum China in the 3rd quarter worth $2,177,000. GSA Capital Partners LLP increased its position in shares of Yum China by 100.2% in the third quarter. GSA Capital Partners LLP now owns 35,760 shares of the company's stock valued at $1,610,000 after acquiring an additional 17,898 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Yum China by 21.3% during the third quarter. Thrivent Financial for Lutherans now owns 2,510,386 shares of the company's stock valued at $113,017,000 after acquiring an additional 441,252 shares during the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of Yum China by 16.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 56,896 shares of the company's stock worth $2,794,000 after purchasing an additional 8,101 shares during the period. Institutional investors own 85.58% of the company's stock.
Yum China Trading Down 0.8 %
Shares of YUMC traded down $0.39 during trading hours on Monday, reaching $49.02. 3,608,178 shares of the company traded hands, compared to its average volume of 2,825,090. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company has a market capitalization of $18.62 billion, a price-to-earnings ratio of 21.04, a price-to-earnings-growth ratio of 1.72 and a beta of 0.33. The company's fifty day moving average price is $46.69 and its two-hundred day moving average price is $44.29. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.
Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share 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%. Equities research analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.
Yum China Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a $0.24 dividend. This is an increase from Yum China's previous quarterly dividend of $0.16. The ex-dividend date is Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 1.96%. Yum China's dividend payout ratio is 41.20%.
Insider Buying and Selling at Yum China
In other Yum China news, insider Jeff Kuai sold 3,900 shares of the company's stock in a transaction dated Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, the insider now owns 56,602 shares in the company, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.30% of the company's stock.
Analyst Ratings Changes
A number of research analysts recently issued reports on the company. StockNews.com downgraded Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. raised Yum China from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $49.57.
View Our Latest Analysis on YUMC
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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