Sagespring Wealth Partners LLC Purchases Shares of 6,829 Yum China Holdings, Inc. (NYSE:YUMC)

Sagespring Wealth Partners LLC acquired a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,829 shares of the company's stock, valued at approximately $329,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in YUMC. Kentucky Trust Co acquired a new position in Yum China during the 4th quarter valued at about $29,000. Graney & King LLC bought a new position in Yum China during the 4th quarter valued at $39,000. EverSource Wealth Advisors LLC increased 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 purchasing an additional 324 shares during the period. Atlas Capital Advisors Inc. acquired a new stake in Yum China in the 4th quarter valued at about $48,000. Finally, Quadrant Capital Group LLC boosted its position in shares of Yum China by 85.6% during the 4th quarter. Quadrant Capital Group LLC now owns 1,060 shares of the company's stock valued at $51,000 after purchasing an additional 489 shares in the last quarter. 85.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Daiwa America raised Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. StockNews.com lowered shares of Yum China from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $48.70.

Insider Transactions at Yum China

In other news, CEO Joey Wat sold 37,252 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the sale, the chief executive officer now directly owns 382,657 shares in the company, valued at approximately $19,021,879.47. The trade was a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Jeff Kuai sold 3,900 shares of the stock in a transaction on Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the transaction, the insider now directly owns 56,602 shares in the company, valued at approximately $2,728,782.42. This trade represents a 6.45 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 45,152 shares of company stock worth $2,242,176. 0.30% of the stock is owned by insiders.

Yum China Stock Down 0.1 %

Shares of YUMC traded down $0.04 during midday trading on Monday, reaching $41.33. 896,920 shares of the stock were exchanged, compared to its average volume of 2,973,559. The company has a market cap of $15.50 billion, a price-to-earnings ratio of 17.76, a P/E/G ratio of 1.72 and a beta of 0.32. The firm has a 50 day simple moving average of $48.79 and a 200-day simple moving average of $47.45. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $53.99. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results 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%. Research analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were given a $0.24 dividend. This is a positive change from Yum China's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.32%. Yum China's dividend payout ratio (DPR) is currently 41.20%.

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.