Raymond James & Associates lifted its stake in shares of Yum China Holdings Inc (NYSE:YUMC) by 4.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 429,541 shares of the company’s stock after buying an additional 17,376 shares during the quarter. Raymond James & Associates owned about 0.11% of Yum China worth $17,190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently made changes to their positions in YUMC. HBK Investments L P grew its holdings in Yum China by 248.0% in the fourth quarter. HBK Investments L P now owns 359,500 shares of the company’s stock worth $14,387,000 after purchasing an additional 256,181 shares during the period. Two Sigma Advisers LP grew its holdings in Yum China by 29.3% in the fourth quarter. Two Sigma Advisers LP now owns 2,732,541 shares of the company’s stock worth $109,356,000 after purchasing an additional 619,141 shares during the period. Ellington Management Group LLC purchased a new stake in Yum China in the fourth quarter worth about $432,000. Stone Ridge Asset Management LLC purchased a new stake in Yum China in the fourth quarter worth about $1,053,000. Finally, Guggenheim Capital LLC grew its holdings in Yum China by 185.6% in the fourth quarter. Guggenheim Capital LLC now owns 117,573 shares of the company’s stock worth $4,705,000 after purchasing an additional 76,408 shares during the period. Institutional investors own 79.84% of the company’s stock.
A number of equities research analysts have weighed in on YUMC shares. Zacks Investment Research upgraded shares of Yum China from a “sell” rating to a “hold” rating in a report on Thursday, March 15th. Macquarie started coverage on shares of Yum China in a report on Wednesday, January 3rd. They issued an “outperform” rating and a $55.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $44.28.
In other news, insider Danny Tan sold 3,610 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $44.50, for a total value of $160,645.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jonathan S. Linen bought 4,000 shares of the company’s stock in a transaction dated Friday, February 9th. The stock was purchased at an average price of $39.76 per share, for a total transaction of $159,040.00. Following the purchase, the director now owns 41,236 shares of the company’s stock, valued at approximately $1,639,543.36. The disclosure for this purchase can be found here. Corporate insiders own 0.23% of the company’s stock.
Yum China Holdings Inc (YUMC) opened at $40.69 on Tuesday. The stock has a market cap of $16,020.08, a P/E ratio of 29.25, a PEG ratio of 2.17 and a beta of 1.26. Yum China Holdings Inc has a 52 week low of $26.07 and a 52 week high of $48.75. The company has a quick ratio of 1.48, a current ratio of 1.77 and a debt-to-equity ratio of 0.01.
Yum China (NYSE:YUMC) last issued its earnings results on Wednesday, February 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.15 billion. Yum China had a net margin of 5.64% and a return on equity of 20.59%. The business’s revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.17 earnings per share. research analysts forecast that Yum China Holdings Inc will post 1.6 EPS for the current year.
The company also recently announced a Not Available dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Wednesday, February 28th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a dividend yield of 0.00248200546041201%. Yum China’s dividend payout ratio is presently 19.80%.
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Yum China Profile
Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.
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