Oliver Luxxe Assets LLC Makes New Investment in Yum China Holdings, Inc. (NYSE:YUMC)

Oliver Luxxe Assets LLC purchased a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 86,066 shares of the company’s stock, valued at approximately $4,146,000.

Several other large investors have also recently modified their holdings of YUMC. 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 valued at $38,000 after purchasing an additional 258 shares during the last quarter. Blair William & Co. IL increased its holdings in Yum China by 1.2% in the 2nd quarter. Blair William & Co. IL now owns 25,639 shares of the company’s stock worth $791,000 after buying an additional 302 shares in the last quarter. D.A. Davidson & CO. raised its position in 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 buying an additional 304 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of Yum China by 2.6% in the third quarter. Advisors Asset Management Inc. now owns 12,659 shares of the company’s stock worth $570,000 after acquiring an additional 323 shares during the period. Finally, Farmers & Merchants Investments Inc. lifted its position in Yum China by 11.9% during the third quarter. Farmers & Merchants Investments Inc. now owns 3,750 shares of the company’s stock valued at $169,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Insider Buying and Selling

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $47.47, for a total transaction of $302,716.19. Following the completion of the transaction, the insider now owns 16,641 shares of the company’s stock, valued at $789,948.27. This represents a 27.70 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.30% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently commented on YUMC shares. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a report on Saturday, December 21st. Finally, Citigroup raised shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $49.57.

Yum China Stock Performance

Yum China stock traded up $0.23 during midday trading on Monday, hitting $44.84. The stock had a trading volume of 1,903,763 shares, compared to its average volume of 2,187,595. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00. The company has a market capitalization of $17.03 billion, a PE ratio of 19.84, a P/E/G ratio of 1.76 and a beta of 0.35. The firm’s fifty day moving average is $47.88 and its two-hundred day moving average is $40.01.

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 company had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. Yum China’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.59 EPS. On average, research analysts forecast that Yum China Holdings, Inc. will post 2.33 EPS for the current year.

Yum China Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend was Tuesday, November 26th. Yum China’s dividend payout ratio (DPR) is presently 28.32%.

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.