Yum China Holdings, Inc. (NYSE:YUMC) Shares Purchased by AMF Tjanstepension AB

AMF Tjanstepension AB increased its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 48.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,810 shares of the company’s stock after purchasing an additional 4,506 shares during the period. AMF Tjanstepension AB’s holdings in Yum China were worth $665,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its stake 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 during the period. Atria Investments Inc boosted its stake in Yum China by 1.2% during the 4th quarter. Atria Investments Inc now owns 23,074 shares of the company’s stock worth $1,111,000 after purchasing an additional 273 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of Yum China by 4.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company’s stock worth $298,000 after acquiring an additional 276 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Yum China by 1.3% in the 3rd quarter. D.A. Davidson & CO. now owns 23,692 shares of the company’s stock worth $1,067,000 after acquiring an additional 304 shares during the period. Finally, Hanson & Doremus Investment Management lifted its stake in shares of Yum China by 0.5% in the 4th quarter. Hanson & Doremus Investment Management now owns 57,104 shares of the company’s stock worth $2,751,000 after acquiring an additional 307 shares during the period. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Stock Performance

Shares of YUMC opened at $49.72 on Friday. The company has a 50-day simple moving average of $46.67 and a 200-day simple moving average of $44.76. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $18.70 billion, a PE ratio of 21.34, a P/E/G ratio of 1.72 and a beta of 0.35. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) 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%. Equities research analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Thursday, March 6th. This is an increase from Yum China’s previous quarterly dividend of $0.16. Yum China’s dividend payout ratio (DPR) is currently 41.20%.

Insider Activity

In other Yum China news, CEO Joey Wat sold 37,252 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the completion of the transaction, the chief executive officer now directly owns 382,657 shares in the company, valued at approximately $19,021,879.47. This trade represents a 8.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jeff Kuai sold 3,900 shares of the firm’s stock in a transaction dated Monday, February 17th. The shares were sold at an average price of $48.21, for a total transaction of $188,019.00. Following the transaction, the insider now owns 56,602 shares of the company’s stock, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

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.