Investmentaktiengesellschaft Fuer Langfristige Investoren TGV cut its position in shares of Yum China Holdings, Inc. (NYSE:YUMC – Free Report) by 12.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 350,000 shares of the company’s stock after selling 50,000 shares during the period. Yum China makes up 1.2% of Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s holdings, making the stock its 12th biggest holding. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV owned 0.09% of Yum China worth $16,796,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Kentucky Trust Co acquired a new position in Yum China during the fourth quarter worth $29,000. Farther Finance Advisors LLC lifted its position in shares of Yum China by 43.9% during the third 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. Concord Wealth Partners boosted its stake in shares of Yum China by 56.9% in the third quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock valued at $71,000 after purchasing an additional 570 shares during the period. Eastern Bank acquired a new position in shares of Yum China in the third quarter valued at approximately $103,000. Finally, Prospera Private Wealth LLC purchased a new stake in Yum China during the 3rd quarter worth approximately $110,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.
Yum China Trading Down 1.4 %
NYSE YUMC opened at $46.62 on Friday. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00. The firm has a 50 day moving average of $46.72 and a two-hundred day moving average of $43.68. The stock has a market capitalization of $17.71 billion, a PE ratio of 20.01, a price-to-earnings-growth ratio of 1.72 and a beta of 0.33. 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 Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be paid a dividend of $0.24 per share. This is a boost from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 annualized dividend and a yield of 2.06%. Yum China’s payout ratio is presently 27.47%.
Analyst Upgrades and Downgrades
Several equities analysts have commented on YUMC shares. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research report on Monday, February 17th. JPMorgan Chase & Co. upgraded 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. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $49.57.
Get Our Latest Report on Yum China
Insider Activity at Yum China
In related news, insider Jeff Kuai sold 3,900 shares of the company’s stock in a transaction dated Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the sale, the insider now directly owns 56,602 shares of the company’s stock, valued at $2,728,782.42. This represents a 6.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the transaction, the insider now directly owns 16,641 shares in the company, valued at approximately $789,948.27. This trade represents a 27.70 % decrease in their position. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by corporate insiders.
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.
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