J. Safra Sarasin Holding AG acquired a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 69,400 shares of the company's stock, valued at approximately $3,347,000.
Other hedge funds have also modified their holdings of the company. GeoWealth Management LLC boosted its stake in Yum China by 689.6% during the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after acquiring an additional 462 shares during the last quarter. Kentucky Trust Co acquired a new stake in Yum China in the fourth quarter worth approximately $29,000. Graney & King LLC bought a new position in shares of Yum China during the 4th quarter valued at about $39,000. EverSource Wealth Advisors LLC boosted its stake 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 worth $42,000 after acquiring an additional 324 shares in the last quarter. Finally, Atlas Capital Advisors Inc. purchased a new position in shares of Yum China in the fourth quarter worth approximately $48,000. 85.58% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction that occurred on Monday, February 17th. The shares were sold at an average price of $48.21, for a total transaction of $188,019.00. Following the completion of the sale, the insider now owns 56,602 shares in the company, valued at $2,728,782.42. The trade was a 6.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Leila Zhang sold 4,000 shares of Yum China stock in a transaction on Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the sale, the chief technology officer now directly owns 52,075 shares of the company's stock, valued at $2,634,474.25. This represents a 7.13 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,152 shares of company stock valued at $2,242,176. 0.40% of the stock is currently owned by corporate insiders.
Yum China Stock Performance
YUMC stock traded down $0.86 during trading on Friday, reaching $45.55. 1,477,923 shares of the stock were exchanged, compared to its average volume of 2,969,953. The company has a market capitalization of $17.08 billion, a P/E ratio of 19.55, a price-to-earnings-growth ratio of 1.72 and a beta of 0.32. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $53.99. The stock has a 50 day simple moving average of $48.42 and a 200-day simple moving average of $47.34. 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 (NYSE:YUMC - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. As a group, sell-side analysts anticipate that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.
Yum China Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.24 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.11%. This is a boost from Yum China's previous quarterly dividend of $0.16. Yum China's payout ratio is 41.20%.
Analyst Ratings Changes
YUMC has been the subject of a number of research reports. StockNews.com lowered shares of Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Daiwa America raised shares of 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 issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $48.70.
View Our Latest Stock 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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