Yum China Holdings, Inc. (NYSE:YUMC) Shares Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. increased its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 28.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,745 shares of the company’s stock after buying an additional 1,500 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Yum China were worth $304,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in YUMC. Eagle Bay Advisors LLC raised its holdings in shares of Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after buying an additional 380 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after acquiring an additional 258 shares during the period. McClarren Financial Advisors Inc. grew its stake in shares of Yum China by 906.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after purchasing an additional 834 shares during the last quarter. National Bank of Canada FI increased its holdings in shares of Yum China by 140.3% in the second quarter. National Bank of Canada FI now owns 1,490 shares of the company’s stock valued at $45,000 after purchasing an additional 870 shares during the period. Finally, Mather Group LLC. raised its stake in shares of Yum China by 172.1% during the second quarter. Mather Group LLC. now owns 1,641 shares of the company’s stock worth $51,000 after purchasing an additional 1,038 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on YUMC. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and boosted their price target for the stock from $30.00 to $37.40 in a research note on Tuesday, August 6th. Citigroup upgraded shares of Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Finally, StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Yum China presently has a consensus rating of “Buy” and an average price target of $51.68.

Yum China Trading Down 0.5 %

Shares of YUMC opened at $46.55 on Monday. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $17.68 billion, a P/E ratio of 20.60, a PEG ratio of 1.65 and a beta of 0.36. The firm’s 50-day moving average is $46.08 and its two-hundred day moving average is $37.78.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 EPS. On average, research analysts predict that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s dividend payout ratio is currently 28.32%.

Insider Transactions at Yum China

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $47.47, for a total transaction of $302,716.19. Following the completion of the transaction, the insider now directly owns 16,641 shares of the company’s stock, valued at $789,948.27. This trade represents a 27.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.30% of the company’s stock.

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.