Generali Investments CEE investicni spolecnost a.s. bought a new stake in Yum China Holdings, Inc. (NYSE:YUMC – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,750 shares of the company’s stock, valued at approximately $325,000.
A number of other institutional investors also recently made changes to their positions in YUMC. Kentucky Trust Co acquired a new position in shares of Yum China in the 4th quarter valued at approximately $29,000. Farther Finance Advisors LLC raised its position in shares of Yum China by 43.9% in 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 in the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of Yum China during the 3rd quarter valued at approximately $110,000. Ashton Thomas Securities LLC acquired a new stake in shares of Yum China during the 3rd quarter valued at approximately $139,000. Finally, Independence Bank of Kentucky raised its position in shares of Yum China by 1,374.5% during the 4th quarter. Independence Bank of Kentucky now owns 2,949 shares of the company’s stock valued at $142,000 after acquiring an additional 2,749 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, insider Jeff Kuai sold 3,900 shares of the stock in a transaction on 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 transaction, the insider now owns 56,602 shares of the company’s stock, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Joey Wat sold 37,252 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total value of $1,851,796.92. Following the completion of the transaction, the chief executive officer now directly owns 382,657 shares of the company’s stock, valued at approximately $19,021,879.47. The trade was a 8.87 % decrease in their position. The disclosure for this sale can be found here. 0.30% of the stock is owned by company insiders.
Analysts Set New Price Targets
View Our Latest Report on YUMC
Yum China Stock Performance
YUMC stock opened at $49.72 on Monday. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The firm has a market cap of $18.70 billion, a P/E ratio of 21.34, a P/E/G ratio of 1.72 and a beta of 0.35. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00. The stock’s 50 day simple moving average is $46.67 and its 200 day simple moving average is $44.84.
Yum China (NYSE:YUMC – Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.30 EPS 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%. As a group, equities research analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current year.
Yum China Increases Dividend
The business also recently disclosed 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 an increase from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Thursday, March 6th. Yum China’s dividend payout ratio is presently 41.20%.
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.
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