Freemont Capital Pte Ltd Invests $2.25 Million in Yum China Holdings, Inc. (NYSE:YUMC)

Freemont Capital Pte Ltd bought a new stake in Yum China Holdings, Inc. (NYSE:YUMC) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 50,000 shares of the company’s stock, valued at approximately $2,251,000. Yum China comprises about 10.5% of Freemont Capital Pte Ltd’s holdings, making the stock its 4th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in YUMC. Eagle Bay Advisors LLC raised its stake in Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after buying an additional 380 shares during the period. LRI Investments LLC acquired a new position in Yum China during the first quarter worth about $36,000. Farther Finance Advisors LLC increased its position in Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after purchasing an additional 258 shares in the last quarter. Pathway Financial Advisers LLC acquired a new stake in shares of Yum China during the 1st quarter valued at $39,000. Finally, McClarren Financial Advisors Inc. grew its holdings in shares of Yum China by 906.5% during the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after purchasing an additional 834 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Trading Down 0.0 %

NYSE YUMC opened at $47.21 on Friday. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $52.00. The business’s fifty day moving average is $43.61 and its 200-day moving average is $37.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.09. The stock has a market capitalization of $17.93 billion, a price-to-earnings ratio of 20.89, a PEG ratio of 1.69 and a beta of 0.36.

Yum China (NYSE:YUMC) last released its earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. The firm had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 EPS. Equities research analysts predict that Yum China Holdings, Inc. will post 2.31 EPS for the current year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.36%. Yum China’s payout ratio is presently 28.32%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on YUMC. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research note on Friday. Citigroup upgraded shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th. Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and upped their price target for the stock from $30.00 to $37.40 in a research note on Tuesday, August 6th. Finally, JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $51.68.

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.