Chicago Capital LLC Invests $280,000 in Yum China Holdings, Inc. (NYSE:YUMC)

Chicago Capital LLC purchased a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,211 shares of the company’s stock, valued at approximately $280,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GUARDCAP ASSET MANAGEMENT Ltd boosted its holdings in shares of Yum China by 38.4% in the 1st quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company’s stock worth $486,391,000 after acquiring an additional 3,389,987 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Yum China by 1.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 11,967,353 shares of the company’s stock worth $369,073,000 after acquiring an additional 121,617 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Yum China by 18.9% in the 2nd quarter. Principal Financial Group Inc. now owns 5,256,309 shares of the company’s stock worth $162,135,000 after acquiring an additional 836,194 shares in the last quarter. Mondrian Investment Partners LTD boosted its holdings in shares of Yum China by 56.3% in the 2nd quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company’s stock worth $133,203,000 after acquiring an additional 1,582,859 shares in the last quarter. Finally, Earnest Partners LLC boosted its holdings in shares of Yum China by 39.8% in 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 in the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on YUMC shares. Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and upped their price objective for the stock from $30.00 to $37.40 in a report on Tuesday, August 6th. Citigroup raised Yum China to a “strong-buy” rating in a report on Monday, September 30th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Yum China has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Yum China Stock Performance

YUMC stock opened at $43.83 on Monday. The business’s fifty day moving average is $38.51 and its 200-day moving average is $35.98. 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 company has a market cap of $17.08 billion, a P/E ratio of 22.03, a price-to-earnings-growth ratio of 1.63 and a beta of 0.35. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $53.83.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.76 billion. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The firm’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.47 EPS. Equities research analysts forecast 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. Investors of record on Tuesday, August 27th were given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend was Tuesday, August 27th. Yum China’s dividend payout ratio is currently 32.16%.

Insider Activity at Yum China

In other news, CTO Leila Zhang acquired 4,000 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was acquired at an average price of $33.36 per share, for a total transaction of $133,440.00. Following the transaction, the chief technology officer now directly owns 41,339 shares in the company, valued at approximately $1,379,069.04. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. In other news, Director Robert Blaine Aiken, Jr. bought 3,000 shares of the stock in a transaction on Friday, August 16th. The stock was purchased at an average price of $33.74 per share, for a total transaction of $101,220.00. Following the acquisition, the director now owns 12,088 shares in the company, valued at approximately $407,849.12. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CTO Leila Zhang bought 4,000 shares of the stock in a transaction on Thursday, August 15th. The shares were purchased at an average price of $33.36 per share, with a total value of $133,440.00. Following the acquisition, the chief technology officer now owns 41,339 shares in the company, valued at approximately $1,379,069.04. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 18,400 shares of company stock worth $619,671 in the last quarter. 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.