BB&T Securities LLC decreased its position in Yum China Holdings Inc (NYSE:YUMC) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 80,538 shares of the company’s stock after selling 2,440 shares during the period. BB&T Securities LLC’s holdings in Yum China were worth $2,700,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. YHB Investment Advisors Inc. grew its position in Yum China by 43.3% during the third quarter. YHB Investment Advisors Inc. now owns 70,513 shares of the company’s stock worth $2,476,000 after buying an additional 21,290 shares in the last quarter. Coronation Fund Managers Ltd. grew its holdings in shares of Yum China by 75.9% during the third quarter. Coronation Fund Managers Ltd. now owns 2,448,572 shares of the company’s stock valued at $85,969,000 after buying an additional 1,056,213 shares during the last quarter. Atlas Capital Advisors LLC bought a new position in Yum China in the third quarter worth approximately $139,000. New Silk Road Investment PTE Ltd. increased its holdings in Yum China by 35.3% in the 4th quarter. New Silk Road Investment PTE Ltd. now owns 1,044,344 shares of the company’s stock valued at $35,017,000 after acquiring an additional 272,700 shares during the last quarter. Finally, KEYWISE CAPITAL MANAGEMENT Ltd purchased a new stake in Yum China in the 4th quarter valued at about $1,398,000. 76.28% of the stock is owned by institutional investors.
YUMC has been the subject of several research analyst reports. Zacks Investment Research raised shares of Yum China from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. TheStreet raised Yum China from a “c+” rating to a “b” rating in a research report on Thursday, January 24th. Finally, Bank of America upgraded Yum China from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $34.00 to $35.00 in a research report on Wednesday, October 31st. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $38.67.
In related news, insider Danny Tan sold 7,502 shares of the business’s stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $41.00, for a total value of $307,582.00. Following the completion of the sale, the insider now directly owns 30,538 shares of the company’s stock, valued at approximately $1,252,058. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ted Lee sold 2,246 shares of the company’s stock in a transaction that occurred on Monday, February 11th. The shares were sold at an average price of $40.98, for a total value of $92,041.08. Following the completion of the transaction, the insider now owns 1,863 shares in the company, valued at approximately $76,345.74. The disclosure for this sale can be found here. Company insiders own 0.37% of the company’s stock.
Yum China stock opened at $41.29 on Thursday. The stock has a market capitalization of $15.66 billion, a PE ratio of 26.99, a price-to-earnings-growth ratio of 2.87 and a beta of 0.70. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.49 and a current ratio of 1.72. Yum China Holdings Inc has a twelve month low of $30.10 and a twelve month high of $44.61.
Yum China (NYSE:YUMC) last announced its quarterly earnings results on Thursday, January 31st. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The business had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Yum China had a net margin of 8.41% and a return on equity of 19.39%. On average, equities analysts forecast that Yum China Holdings Inc will post 1.61 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 21st. Investors of record on Thursday, February 28th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Wednesday, February 27th. Yum China’s payout ratio is currently 31.37%.
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Yum China Profile
Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, and Little Sheep brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, and Mexican-style food categories.
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