Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 279.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,518 shares of the company's stock after buying an additional 127,100 shares during the quarter. Caisse DE Depot ET Placement DU Quebec's holdings in Yum China were worth $8,310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. GeoWealth Management LLC grew its position in shares of Yum China by 689.6% during the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after purchasing an additional 462 shares in the last quarter. Kentucky Trust Co purchased a new position in Yum China during the 4th quarter valued at approximately $29,000. Graney & King LLC bought a new stake in Yum China in the 4th quarter worth approximately $39,000. EverSource Wealth Advisors LLC boosted its position in shares of Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after acquiring an additional 324 shares during the last quarter. Finally, Atlas Capital Advisors Inc. purchased a new stake in Yum China during the fourth quarter valued at $48,000. Institutional investors own 85.58% of the company's stock.
Insiders Place Their Bets
In other Yum China news, CEO Joey Wat sold 37,252 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total value of $1,851,796.92. Following the completion of the sale, the chief executive officer now directly owns 382,657 shares in the company, valued at $19,021,879.47. This trade represents a 8.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeff Kuai sold 3,900 shares of the company's stock in a transaction on Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the transaction, the insider now directly owns 56,602 shares in the company, valued at approximately $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 45,152 shares of company stock worth $2,242,176 in the last ninety days. 0.40% of the stock is owned by company insiders.
Yum China Trading Up 0.3 %
YUMC stock traded up $0.11 during midday trading on Friday, reaching $44.09. The company's stock had a trading volume of 850,310 shares, compared to its average volume of 2,922,870. The firm has a market capitalization of $16.53 billion, a price-to-earnings ratio of 18.92, a PEG ratio of 1.72 and a beta of 0.27. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $53.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The stock has a fifty day simple moving average of $47.73 and a two-hundred day simple moving average of $47.27.
Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). The company had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $3.13 billion. Yum China had a net margin of 8.06% and a return on equity of 13.83%. The company's quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.71 EPS. On average, equities research analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current year.
Yum China Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $0.96 annualized dividend and a yield of 2.18%. Yum China's dividend payout ratio (DPR) is currently 40.17%.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on YUMC. StockNews.com downgraded shares of Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Daiwa America upgraded Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $48.70.
Read Our Latest Research Report on Yum China
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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