MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 8,159 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 196,253 shares of the company’s stock after acquiring an additional 8,159 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.05% of Yum China worth $9,454,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of YUMC. GeoWealth Management LLC raised its stake in shares of Yum China by 689.6% during the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company’s stock valued at $25,000 after acquiring an additional 462 shares during the last quarter. Kentucky Trust Co bought a new position in shares of Yum China during the fourth quarter valued at about $29,000. Graney & King LLC bought a new position in shares of Yum China during the fourth quarter valued at about $39,000. EverSource Wealth Advisors LLC raised its stake in shares of Yum China by 58.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock valued at $42,000 after acquiring an additional 324 shares during the last quarter. Finally, Atlas Capital Advisors Inc. bought a new position in shares of Yum China during the fourth quarter valued at about $48,000. 85.58% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Yum China news, insider Jeff Kuai sold 3,900 shares of the company’s stock in a transaction dated Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, the insider now owns 56,602 shares in the company, valued at approximately $2,728,782.42. This represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Leila Zhang sold 4,000 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $2,634,474.25. This trade represents a 7.13% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,152 shares of company stock worth $2,242,176. 0.40% of the stock is currently owned by company insiders.

Yum China Price Performance

Shares of NYSE YUMC opened at $44.14 on Friday. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $53.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The company’s 50-day moving average is $47.23 and its 200 day moving average is $47.33. The stock has a market capitalization of $16.55 billion, a P/E ratio of 18.94, a P/E/G ratio of 1.72 and a beta of 0.27.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $2.98 billion for the quarter, compared to analysts’ expectations of $3.13 billion. Yum China had a net margin of 8.06% and a return on equity of 13.83%. Yum China’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.71 EPS. On average, sell-side analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date is Wednesday, May 28th. Yum China’s dividend payout ratio (DPR) is presently 40.17%.

Analysts Set New Price Targets

YUMC has been the subject of several recent analyst reports. StockNews.com downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Daiwa America upgraded shares of Yum China to a “strong-buy” rating in a research report on Wednesday, April 9th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $48.70.

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.