First Citizens Bank & Trust Co. Purchases 309 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

First Citizens Bank & Trust Co. grew its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,054 shares of the company’s stock after acquiring an additional 309 shares during the period. First Citizens Bank & Trust Co.’s holdings in Yum China were worth $677,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of YUMC. Farther Finance Advisors LLC raised its stake in Yum China by 43.9% in the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after buying an additional 258 shares in the last quarter. McClarren Financial Advisors Inc. raised its stake in Yum China by 906.5% in the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after buying an additional 834 shares in the last quarter. Concord Wealth Partners raised its stake in Yum China by 56.9% in the third quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after buying an additional 570 shares in the last quarter. Eastern Bank bought a new position in Yum China in the third quarter worth about $103,000. Finally, Prospera Private Wealth LLC bought a new position in Yum China in the third quarter worth about $110,000. 85.58% of the stock is owned by institutional investors.

Yum China Price Performance

YUMC stock opened at $45.27 on Tuesday. The firm has a 50 day moving average price of $46.89 and a 200-day moving average price of $41.52. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00. The firm has a market capitalization of $17.19 billion, a price-to-earnings ratio of 20.03, a PEG ratio of 1.34 and a beta of 0.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.09. The company 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 firm’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.59 earnings per share. Equities research analysts forecast that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Yum China Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend was Tuesday, November 26th. Yum China’s dividend payout ratio (DPR) is currently 28.32%.

Insider Activity at Yum China

In other Yum China 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 sale, the insider now owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

YUMC has been the subject of a number of research reports. StockNews.com downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research note on Friday. Citigroup upgraded shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Finally, JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $49.57.

About Yum China

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.