International Assets Investment Management LLC Raises Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

International Assets Investment Management LLC boosted its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 4,403.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,627 shares of the company’s stock after buying an additional 15,280 shares during the period. International Assets Investment Management LLC’s holdings in Yum China were worth $704,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of YUMC. Private Advisor Group LLC grew its position in 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 in the last quarter. Pictet North America Advisors SA grew its position in Yum China by 35.5% in the 3rd quarter. Pictet North America Advisors SA now owns 507,658 shares of the company’s stock valued at $22,785,000 after acquiring an additional 132,977 shares in the last quarter. Eastern Bank acquired a new position in Yum China in the 3rd quarter valued at about $103,000. Sequoia Financial Advisors LLC grew its position in Yum China by 12.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 14,008 shares of the company’s stock valued at $631,000 after acquiring an additional 1,597 shares in the last quarter. Finally, Carrhae Capital LLP acquired a new position in Yum China in the 3rd quarter valued at about $21,173,000. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Yum China

In related news, insider Warton Wang purchased 3,700 shares of the business’s stock in a transaction dated Friday, August 16th. The stock was acquired at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the purchase, the insider now directly owns 25,023 shares of the company’s stock, valued at $867,547.41. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Jeff Kuai purchased 3,900 shares of the business’s stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the completion of the purchase, the insider now directly owns 3,900 shares of the company’s stock, valued at $127,608. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Warton Wang acquired 3,700 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The shares were acquired at an average cost of $34.67 per share, for a total transaction of $128,279.00. Following the acquisition, the insider now directly owns 25,023 shares of the company’s stock, valued at $867,547.41. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 18,400 shares of company stock worth $619,671 over the last 90 days. 0.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $35.50 to $60.00 in a research report on Tuesday. Citigroup raised Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and boosted their price objective for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $51.68.

Yum China Price Performance

YUMC stock opened at $48.36 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $51.68. The business has a 50 day moving average price of $41.22 and a 200 day moving average price of $36.56. The stock has a market cap of $18.59 billion, a price-to-earnings ratio of 21.40, a PEG ratio of 1.67 and a beta of 0.36.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The company had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter in the previous year, the business earned $0.59 earnings per share. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. Equities research analysts anticipate that Yum China Holdings, Inc. will post 2.23 earnings per share for the current fiscal year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s dividend payout ratio (DPR) is presently 28.32%.

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.