Southland Equity Partners LLC purchased a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,341 shares of the company’s stock, valued at approximately $209,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Principal Financial Group Inc. boosted its stake in Yum China by 49.6% during the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock valued at $356,206,000 after purchasing an additional 2,609,494 shares during the period. Waverton Investment Management Ltd grew its stake in shares of Yum China by 350.7% in the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock worth $189,202,000 after acquiring an additional 3,270,560 shares during the last quarter. FMR LLC increased its position in Yum China by 4,176.5% during the third quarter. FMR LLC now owns 3,588,977 shares of the company’s stock worth $161,576,000 after acquiring an additional 3,505,053 shares during the period. Allspring Global Investments Holdings LLC raised its stake in Yum China by 0.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,552,629 shares of the company’s stock valued at $159,939,000 after purchasing an additional 11,535 shares during the last quarter. Finally, Temasek Holdings Private Ltd boosted its holdings in Yum China by 61.4% in the 3rd quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company’s stock valued at $132,492,000 after purchasing an additional 1,120,054 shares during the period. 85.58% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Yum China
In other news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $47.47, for a total value of $302,716.19. Following the completion of the transaction, the insider now owns 16,641 shares in the company, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.30% of the stock is owned by insiders.
Analysts Set New Price Targets
Read Our Latest Report on Yum China
Yum China Stock Performance
NYSE YUMC opened at $46.03 on Friday. The stock has a market cap of $17.48 billion, a P/E ratio of 20.37, a PEG ratio of 1.34 and a beta of 0.35. 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 Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00. The company’s 50-day simple moving average is $46.94 and its 200 day simple moving average is $41.28.
Yum China (NYSE:YUMC – Get Free Report) last issued its earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The business had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. Yum China’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.59 EPS. As a group, research analysts forecast that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.
Yum China Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th were paid a $0.16 dividend. The ex-dividend date was Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.39%. Yum China’s dividend payout ratio is presently 28.32%.
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.
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