DJE Kapital AG acquired a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,200 shares of the company’s stock, valued at approximately $682,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Waverton Investment Management Ltd lifted its position in Yum China by 350.7% during the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock valued at $189,202,000 after buying an additional 3,270,560 shares during the period. Janus Henderson Group PLC purchased a new position in Yum China during the third quarter valued at $2,177,000. GSA Capital Partners LLP lifted its position in Yum China by 100.2% during the third quarter. GSA Capital Partners LLP now owns 35,760 shares of the company’s stock valued at $1,610,000 after buying an additional 17,898 shares during the period. Thrivent Financial for Lutherans raised its position in shares of Yum China by 21.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 2,510,386 shares of the company’s stock worth $113,017,000 after purchasing an additional 441,252 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its position in shares of Yum China by 16.6% in the 4th quarter. Asset Management One Co. Ltd. now owns 56,896 shares of the company’s stock worth $2,794,000 after purchasing an additional 8,101 shares during the last quarter. Hedge funds and other institutional investors own 85.58% of the company’s stock.
Analyst Ratings Changes
YUMC has been the subject of several recent analyst reports. StockNews.com lowered Yum China from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $35.50 to $60.00 in a research 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $49.57.
Insiders Place Their Bets
In other Yum China news, insider Jeff Kuai sold 3,900 shares of the business’s stock in a transaction dated Monday, February 17th. The stock was sold at an average price of $48.21, for a total transaction of $188,019.00. Following the completion of the sale, the insider now directly owns 56,602 shares in the company, valued at $2,728,782.42. The trade was a 6.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.30% of the stock is owned by insiders.
Yum China Price Performance
Shares of NYSE:YUMC opened at $49.02 on Tuesday. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00. The business has a 50-day simple moving average of $46.69 and a two-hundred day simple moving average of $44.29. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The firm has a market cap of $18.62 billion, a price-to-earnings ratio of 21.04, a price-to-earnings-growth ratio of 1.72 and a beta of 0.33.
Yum China (NYSE:YUMC – Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. On average, analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.
Yum China Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a $0.24 dividend. This is a positive change from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date is Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 1.96%. Yum China’s payout ratio is 41.20%.
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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