National Bank of Canada FI Acquires 446,194 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

National Bank of Canada FI increased its stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 1,352.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 479,196 shares of the company's stock after acquiring an additional 446,194 shares during the period. National Bank of Canada FI owned about 0.12% of Yum China worth $20,337,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of YUMC. Commonwealth Equity Services LLC raised its position in Yum China by 2.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 96,830 shares of the company's stock valued at $5,395,000 after purchasing an additional 2,461 shares during the last quarter. Stratos Wealth Partners LTD. bought a new position in Yum China during the 3rd quarter valued at approximately $465,000. Brown Advisory Inc. raised its position in Yum China by 2.2% during the 3rd quarter. Brown Advisory Inc. now owns 16,053 shares of the company's stock valued at $894,000 after purchasing an additional 339 shares during the last quarter. Verdence Capital Advisors LLC bought a new position in Yum China during the 3rd quarter valued at approximately $213,000. Finally, IFM Investors Pty Ltd raised its position in Yum China by 33.1% during the 3rd quarter. IFM Investors Pty Ltd now owns 26,540 shares of the company's stock valued at $1,479,000 after purchasing an additional 6,603 shares during the last quarter. Institutional investors own 85.58% of the company's stock.

Yum China Stock Down 1.0 %

Shares of NYSE:YUMC traded down $0.39 during trading on Tuesday, hitting $37.30. The stock had a trading volume of 2,085,457 shares, compared to its average volume of 3,477,958. Yum China Holdings, Inc. has a 12 month low of $33.55 and a 12 month high of $62.56. The company has a market capitalization of $14.62 billion, a PE ratio of 18.74, a PEG ratio of 1.81 and a beta of 0.46. The firm's fifty day moving average is $39.45 and its 200 day moving average is $40.96. The company has a quick ratio of 1.24, a current ratio of 1.42 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Monday, April 29th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.06. Yum China had a return on equity of 11.65% and a net margin of 7.49%. The firm had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the prior year, the company earned $0.69 EPS. The business's revenue was up 1.4% compared to the same quarter last year. Analysts anticipate that Yum China Holdings, Inc. will post 2.19 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Investors of record on Tuesday, May 28th will be paid a $0.16 dividend. The ex-dividend date is Tuesday, May 28th. This represents a $0.64 annualized dividend and a dividend yield of 1.72%. Yum China's payout ratio is currently 32.16%.

Wall Street Analysts Forecast Growth

Separately, HSBC lowered their price target on Yum China from $66.80 to $51.30 and set a "buy" rating for the company in a research report on Wednesday, March 6th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, Yum China has a consensus rating of "Moderate Buy" and an average price target of $54.65.

Yum China 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.