Sanctuary Advisors LLC decreased its holdings in Yum China Holdings, Inc. (NYSE:YUMC – Free Report) by 8.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,614 shares of the company’s stock after selling 2,383 shares during the period. Sanctuary Advisors LLC’s holdings in Yum China were worth $1,219,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of YUMC. Private Advisor Group LLC increased its position in shares of Yum China by 4.5% in the 3rd quarter. Private Advisor Group LLC now owns 13,893 shares of the company’s stock valued at $625,000 after acquiring an additional 597 shares during the period. International Assets Investment Management LLC increased its position in shares of Yum China by 4,403.5% in the 3rd quarter. International Assets Investment Management LLC now owns 15,627 shares of the company’s stock valued at $704,000 after acquiring an additional 15,280 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Yum China by 3.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 21,391 shares of the company’s stock valued at $963,000 after acquiring an additional 644 shares during the period. Concord Wealth Partners increased its position in shares of Yum China by 56.9% in the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock valued at $71,000 after acquiring an additional 570 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC acquired a new position in shares of Yum China in the 3rd quarter valued at $374,000. Institutional investors own 85.58% of the company’s stock.
Insiders Place Their Bets
In other news, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction that occurred on Monday, February 17th. The shares were sold at an average price of $48.21, for a total transaction of $188,019.00. Following the sale, the insider now owns 56,602 shares of the company’s stock, valued at approximately $2,728,782.42. The trade was a 6.45 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.30% of the company’s stock.
Yum China Price Performance
Yum China (NYSE:YUMC – Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. As a group, equities analysts expect that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.
Yum China Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.01%. This is a boost from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date is Thursday, March 6th. Yum China’s payout ratio is presently 41.20%.
Wall Street Analysts Forecast Growth
YUMC has been the topic of several analyst reports. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. StockNews.com downgraded Yum China from a “buy” rating to a “hold” rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $49.57.
View Our Latest Stock Report on YUMC
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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