National Bank of Canada FI Acquires 870 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

National Bank of Canada FI raised its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 140.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,490 shares of the company’s stock after purchasing an additional 870 shares during the period. National Bank of Canada FI’s holdings in Yum China were worth $45,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in YUMC. Carmichael Hill & Associates Inc. grew its position in Yum China by 12.1% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company’s stock valued at $103,000 after purchasing an additional 360 shares during the last quarter. Natixis Advisors LLC increased its position in shares of Yum China by 1.7% during the second quarter. Natixis Advisors LLC now owns 351,038 shares of the company’s stock valued at $10,826,000 after acquiring an additional 5,906 shares in the last quarter. Interchange Capital Partners LLC purchased a new position in Yum China in the 2nd quarter worth approximately $225,000. Essex Financial Services Inc. bought a new position in Yum China in the 2nd quarter valued at approximately $265,000. Finally, nVerses Capital LLC purchased a new stake in Yum China during the 2nd quarter valued at $537,000. 85.58% of the stock is owned by institutional investors.

Insider Transactions at Yum China

In other news, insider Jeff Kuai bought 3,900 shares of Yum China stock in a transaction that occurred on Tuesday, August 13th. The stock was bought at an average cost of $32.72 per share, with a total value of $127,608.00. Following the acquisition, the insider now owns 3,900 shares of the company’s stock, valued at approximately $127,608. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Yum China news, CEO Joey Wat purchased 3,800 shares of the company’s stock in a transaction on Wednesday, August 14th. The stock was acquired at an average cost of $33.98 per share, for a total transaction of $129,124.00. Following the purchase, the chief executive officer now directly owns 272,944 shares of the company’s stock, valued at approximately $9,274,637.12. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jeff Kuai bought 3,900 shares of the stock in a transaction dated Tuesday, August 13th. The stock was bought at an average cost of $32.72 per share, for a total transaction of $127,608.00. Following the acquisition, the insider now directly owns 3,900 shares of the company’s stock, valued at approximately $127,608. The disclosure for this purchase can be found here. Insiders have purchased 18,400 shares of company stock valued at $619,671 over the last quarter. 0.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and increased their price objective for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Yum China currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.20.

Yum China Trading Up 1.5 %

Shares of NYSE:YUMC opened at $34.90 on Monday. The stock’s 50-day simple moving average is $32.36 and its two-hundred day simple moving average is $35.58. The stock has a market capitalization of $13.42 billion, a price-to-earnings ratio of 17.54, a PEG ratio of 1.41 and a beta of 0.34. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $58.21. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.23.

Yum China (NYSE:YUMC) last announced its earnings results 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. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.76 billion. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.47 earnings per share. Analysts expect that Yum China Holdings, Inc. will post 2.22 EPS for the current year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, August 27th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Tuesday, August 27th. Yum China’s dividend payout ratio is presently 32.16%.

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.