Truewealth LLC purchased a new position in Yum China Holdings Inc (NYSE:YUMC) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,213 shares of the company’s stock, valued at approximately $129,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in YUMC. Burney Co. acquired a new position in shares of Yum China during the 4th quarter valued at $202,000. Dimensional Fund Advisors LP acquired a new position in shares of Yum China during the 2nd quarter valued at $267,000. ETRADE Capital Management LLC increased its position in shares of Yum China by 49.3% during the 4th quarter. ETRADE Capital Management LLC now owns 10,590 shares of the company’s stock valued at $424,000 after purchasing an additional 3,498 shares during the period. MML Investors Services LLC increased its position in shares of Yum China by 10.4% during the 4th quarter. MML Investors Services LLC now owns 14,121 shares of the company’s stock valued at $565,000 after purchasing an additional 1,333 shares during the period. Finally, Cobblestone Capital Advisors LLC NY grew its holdings in shares of Yum China by 82.3% in the 4th quarter. Cobblestone Capital Advisors LLC NY now owns 15,221 shares of the company’s stock worth $609,000 after acquiring an additional 6,870 shares during the last quarter. 80.19% of the stock is currently owned by institutional investors and hedge funds.
A number of equities analysts recently issued reports on YUMC shares. Zacks Investment Research cut Yum China from a “hold” rating to a “sell” rating in a report on Wednesday, November 29th. Macquarie initiated coverage on Yum China in a report on Wednesday, January 3rd. They set an “outperform” rating and a $55.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $44.28.
Shares of Yum China Holdings Inc (YUMC) traded up $0.36 on Wednesday, hitting $41.62. The stock had a trading volume of 1,288,661 shares, compared to its average volume of 2,441,673. The firm has a market cap of $16,000.00 and a P/E ratio of 29.10. The company has a quick ratio of 1.48, a current ratio of 1.77 and a debt-to-equity ratio of 0.01. Yum China Holdings Inc has a fifty-two week low of $25.53 and a fifty-two week high of $48.75.
Yum China (NYSE:YUMC) last announced its earnings results on Wednesday, February 7th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. Yum China had a return on equity of 20.59% and a net margin of 5.64%. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same period in the previous year, the business earned $0.17 EPS. Yum China’s revenue was up 12.6% compared to the same quarter last year. sell-side analysts anticipate that Yum China Holdings Inc will post 1.6 EPS for the current fiscal year.
The company also recently disclosed a Not Available dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Wednesday, February 28th will be issued a dividend of $0.10 per share. This represents a yield of 0.00248200546041201%. The ex-dividend date is Tuesday, February 27th. Yum China’s dividend payout ratio is 13.99%.
In other news, Director Jonathan S. Linen acquired 4,000 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was acquired at an average price of $39.76 per share, for a total transaction of $159,040.00. Following the transaction, the director now directly owns 41,236 shares in the company, valued at $1,639,543.36. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Riu Sun sold 10,054 shares of the company’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $40.15, for a total transaction of $403,668.10. Following the completion of the sale, the insider now owns 17,622 shares of the company’s stock, valued at approximately $707,523.30. The disclosure for this sale can be found here. 0.23% of the stock is currently owned by corporate insiders.
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Yum China Company Profile
Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.
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