Creative Planning Has $1.85 Million Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Creative Planning reduced its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 2.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,087 shares of the company’s stock after selling 1,418 shares during the quarter. Creative Planning’s holdings in Yum China were worth $1,853,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. MBB Public Markets I LLC bought a new stake in Yum China during the second quarter worth $904,000. Dark Forest Capital Management LP grew its stake in shares of Yum China by 181.8% during the 2nd quarter. Dark Forest Capital Management LP now owns 14,843 shares of the company’s stock worth $458,000 after acquiring an additional 9,575 shares during the period. Earnest Partners LLC grew its stake in shares of Yum China by 39.8% during the 2nd quarter. Earnest Partners LLC now owns 2,330,021 shares of the company’s stock worth $72,024,000 after acquiring an additional 663,742 shares during the period. AXA S.A. grew its stake in shares of Yum China by 5.0% during the 2nd quarter. AXA S.A. now owns 199,201 shares of the company’s stock worth $6,143,000 after acquiring an additional 9,441 shares during the period. Finally, Squarepoint Ops LLC grew its stake in shares of Yum China by 1,100.7% during the 2nd quarter. Squarepoint Ops LLC now owns 632,616 shares of the company’s stock worth $19,510,000 after acquiring an additional 579,929 shares during the period. 85.58% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Jeff Kuai bought 3,900 shares of the company’s stock in a transaction on Tuesday, August 13th. The shares were acquired at an average price of $32.72 per share, with a total value of $127,608.00. Following the transaction, the insider now owns 3,900 shares of the company’s stock, valued at $127,608. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, insider Jeff Kuai purchased 3,900 shares of the stock in a transaction on Tuesday, August 13th. The stock was bought at an average price of $32.72 per share, with a total value of $127,608.00. Following the transaction, the insider now owns 3,900 shares in the company, valued at $127,608. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Leila Zhang acquired 4,000 shares of Yum China stock in a transaction on Thursday, August 15th. The shares were bought at an average price of $33.36 per share, with a total value of $133,440.00. Following the purchase, the chief technology officer now directly owns 41,339 shares in the company, valued at approximately $1,379,069.04. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 18,400 shares of company stock worth $619,671 in the last ninety days. 0.30% of the stock is owned by company insiders.

Yum China Stock Performance

Shares of YUMC opened at $50.08 on Tuesday. The stock has a market cap of $19.51 billion, a price-to-earnings ratio of 25.17, a PEG ratio of 2.09 and a beta of 0.35. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01. The business has a 50-day simple moving average of $35.99 and a two-hundred day simple moving average of $35.58. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $56.15.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.08. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period last year, the company earned $0.47 EPS. The company’s revenue for the quarter was up .9% on a year-over-year basis. On average, analysts expect that Yum China Holdings, Inc. will post 2.22 EPS for the current year.

Yum China Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 17th. Shareholders of record on Tuesday, August 27th were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $0.64 annualized dividend and a yield of 1.28%. Yum China’s payout ratio is currently 32.16%.

Analyst Ratings Changes

A number of analysts have recently issued reports on YUMC shares. Citigroup upgraded Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and lifted their price target for the stock from $30.00 to $37.40 in a research note on Tuesday, August 6th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $46.18.

About Yum China

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.