Callan Capital LLC boosted its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC – Free Report) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,535 shares of the company’s stock after purchasing an additional 331 shares during the quarter. Callan Capital LLC’s holdings in Yum China were worth $411,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in YUMC. Kentucky Trust Co bought a new stake in shares of Yum China in the fourth quarter valued at approximately $29,000. Farther Finance Advisors LLC lifted its position in Yum China by 43.9% in 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 during the period. Concord Wealth Partners lifted its position in Yum China by 56.9% in the third quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after purchasing an additional 570 shares during the period. Eastern Bank bought a new position in Yum China in the third quarter worth $103,000. Finally, Prospera Private Wealth LLC bought a new position in Yum China in the third quarter worth $110,000. Institutional investors own 85.58% of the company’s stock.
Wall Street Analysts Forecast Growth
YUMC has been the subject of several recent analyst reports. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $49.57.
Insider Activity
In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction dated 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 owns 16,641 shares in the company, valued at $789,948.27. This trade represents a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeff Kuai sold 3,900 shares of the firm’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 completion of the transaction, 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 position. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by corporate insiders.
Yum China Stock Performance
Shares of NYSE:YUMC opened at $46.62 on Friday. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00. The firm has a market cap 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 debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The business has a fifty day moving average of $46.72 and a 200-day moving average of $43.68.
Yum China (NYSE:YUMC – Get Free Report) last announced 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 net margin of 8.06% and a return on equity of 13.83%. On average, equities research analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.
Yum China Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This is a positive change from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.06%. Yum China’s dividend payout ratio (DPR) is 27.47%.
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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