Wealth Enhancement Advisory Services LLC Buys 7,258 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Wealth Enhancement Advisory Services LLC raised its stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 33.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,649 shares of the company's stock after purchasing an additional 7,258 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Yum China were worth $1,380,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of YUMC. William Blair Investment Management LLC acquired a new position in Yum China in the 4th quarter valued at $243,901,000. FMR LLC grew its stake in shares of Yum China by 138.5% in the fourth quarter. FMR LLC now owns 8,558,050 shares of the company's stock valued at $412,241,000 after acquiring an additional 4,969,073 shares in the last quarter. Mawer Investment Management Ltd. bought a new position in Yum China during the fourth quarter worth about $203,179,000. Norges Bank acquired a new stake in Yum China in the 4th quarter worth about $199,722,000. Finally, Bank of New York Mellon Corp boosted its holdings in Yum China by 399.0% in the 4th quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company's stock valued at $179,556,000 after purchasing an additional 2,980,589 shares during the period. 85.58% of the stock is owned by institutional investors.

Insider Activity

In other news, CTO Leila Zhang sold 4,000 shares of the firm's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the completion of the transaction, the chief technology officer now directly owns 52,075 shares in the company, valued at $2,634,474.25. This trade represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is currently owned by insiders.

Yum China Price Performance

YUMC stock traded up $1.18 during mid-day trading on Monday, hitting $44.26. The stock had a trading volume of 3,403,178 shares, compared to its average volume of 2,926,786. The firm has a fifty day simple moving average of $44.62 and a 200 day simple moving average of $46.88. The firm has a market capitalization of $16.52 billion, a P/E ratio of 19.00, a P/E/G ratio of 1.72 and a beta of 0.28. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $53.99.

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 analysts' consensus estimates of $0.78 by ($0.01). The business had revenue of $2.98 billion during 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 business's revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.71 EPS. As a group, research analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th will be issued a $0.24 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.17%. Yum China's payout ratio is presently 40.17%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on YUMC. Wall Street Zen cut 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 research note 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. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $48.70.

Yum China Company 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.