Atlas Capital Advisors Inc. acquired a new stake in Yum China Holdings, Inc. (NYSE:YUMC – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 988 shares of the company’s stock, valued at approximately $48,000.
A number of other large investors have also modified their holdings of YUMC. Principal Financial Group Inc. raised its stake in shares of Yum China by 49.6% during the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock worth $356,206,000 after buying an additional 2,609,494 shares during the period. Janus Henderson Group PLC purchased a new position in Yum China during the third quarter valued at $2,177,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Yum China in the third quarter valued at about $239,000. Quantinno Capital Management LP purchased a new stake in shares of Yum China during the third quarter worth about $452,000. Finally, Orion Portfolio Solutions LLC acquired a new position in shares of Yum China during the 3rd quarter worth about $533,000. Institutional investors and hedge funds own 85.58% of the company’s stock.
Insiders Place Their Bets
In other Yum China news, CTO Leila Zhang sold 4,000 shares of the firm’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the completion of the sale, the chief technology officer now owns 52,075 shares of the company’s stock, valued at $2,634,474.25. This trade represents a 7.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeff Kuai sold 3,900 shares of the company’s stock in a transaction on Monday, February 17th. The shares were 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 directly owns 56,602 shares in the company, valued at approximately $2,728,782.42. This trade represents a 6.45 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 45,152 shares of company stock valued at $2,242,176 in the last three months. 0.30% of the stock is currently owned by insiders.
Yum China Price Performance
Yum China (NYSE:YUMC – Get Free Report) last released 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 net margin of 8.06% and a return on equity of 13.83%. On average, equities analysts anticipate that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.
Yum China Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued a $0.24 dividend. This is a boost from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 annualized dividend and a yield of 2.00%. The ex-dividend date was Thursday, March 6th. Yum China’s dividend payout ratio is presently 41.20%.
Analyst Ratings Changes
Separately, StockNews.com cut Yum China from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th.
View Our Latest Analysis on YUMC
Yum China Company 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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