Gateway Investment Advisers LLC bought a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 17,328 shares of the company's stock, valued at approximately $902,000.
Other hedge funds also recently modified their holdings of the company. GeoWealth Management LLC lifted its holdings in Yum China by 689.6% in the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock worth $25,000 after purchasing an additional 462 shares during the last quarter. Kentucky Trust Co bought a new position in shares of Yum China in the fourth quarter valued at approximately $29,000. Graney & King LLC acquired a new stake in shares of Yum China in the fourth quarter worth $39,000. EverSource Wealth Advisors LLC lifted its stake in shares of Yum China by 58.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock worth $42,000 after buying an additional 324 shares during the last quarter. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Yum China during the 4th quarter worth $48,000. Hedge funds and other institutional investors own 85.58% of the company's stock.
Insider Transactions at Yum China
In other Yum China news, CTO Leila Zhang sold 4,000 shares of the business's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $50.59, for a total transaction of $202,360.00. Following the sale, the chief technology officer now owns 52,075 shares of the company's stock, valued at approximately $2,634,474.25. The trade was a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.40% of the company's stock.
Yum China Stock Down 0.6%
YUMC traded down $0.26 during trading on Thursday, reaching $44.65. The company had a trading volume of 1,408,251 shares, compared to its average volume of 2,922,870. The company has a market cap of $16.67 billion, a P/E ratio of 19.16, a PEG ratio of 1.72 and a beta of 0.28. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $53.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The business's fifty day moving average price is $44.22 and its 200 day moving average price is $46.83.
Yum China (NYSE:YUMC - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. The company had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter in the previous year, the company posted $0.71 EPS. The business's revenue was up .8% on a year-over-year basis. Equities analysts anticipate that Yum China Holdings, Inc. will post 2.54 EPS for the current year.
Yum China Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th will be issued a dividend of $0.24 per share. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 annualized dividend and a dividend yield of 2.15%. Yum China's dividend payout ratio is presently 40.17%.
Wall Street Analyst Weigh In
YUMC has been the subject of a number of research analyst reports. Daiwa America upgraded Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. Wall Street Zen lowered shares of Yum China from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $48.70.
Get Our Latest Stock Report on Yum China
Yum China Company Profile
(
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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