DekaBank Deutsche Girozentrale Reduces Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

DekaBank Deutsche Girozentrale cut its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 0.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,001,107 shares of the company’s stock after selling 1,851 shares during the period. DekaBank Deutsche Girozentrale owned 0.26% of Yum China worth $45,800,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Eagle Bay Advisors LLC increased its holdings in 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. LRI Investments LLC purchased a new position in shares of Yum China during the first quarter worth about $36,000. Pathway Financial Advisers LLC purchased a new position in shares of Yum China during the first quarter worth about $39,000. McClarren Financial Advisors Inc. grew its holdings in shares of Yum China by 906.5% during the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after purchasing an additional 834 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of Yum China by 140.3% during the second quarter. National Bank of Canada FI now owns 1,490 shares of the company’s stock worth $45,000 after purchasing an additional 870 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Citigroup upgraded shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and increased their target price for the stock from $30.00 to $37.40 in a research note on Tuesday, August 6th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Yum China has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Insider Transactions at Yum China

In other Yum China news, CEO Joey Wat acquired 3,800 shares of the company’s stock in a transaction dated Wednesday, August 14th. The stock was acquired at an average cost of $33.98 per share, with a total value of $129,124.00. Following the purchase, the chief executive officer now directly owns 272,944 shares in the company, valued at approximately $9,274,637.12. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. In other news, CEO Joey Wat bought 3,800 shares of the stock in a transaction on Wednesday, August 14th. The stock was purchased at an average cost of $33.98 per share, with a total value of $129,124.00. Following the purchase, the chief executive officer now owns 272,944 shares of the company’s stock, valued at approximately $9,274,637.12. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CTO Leila Zhang bought 4,000 shares of the stock in a transaction on Thursday, August 15th. The stock was purchased at an average cost of $33.36 per share, with a total value of $133,440.00. Following the completion of the purchase, the chief technology officer now directly owns 41,339 shares in the company, valued at $1,379,069.04. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 18,400 shares of company stock valued at $619,671 in the last ninety days. Corporate insiders own 0.30% of the company’s stock.

Yum China Price Performance

YUMC stock opened at $44.69 on Tuesday. The firm has a 50 day moving average of $39.52 and a 200-day moving average of $36.15. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $53.42. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. The company has a market cap of $17.41 billion, a price-to-earnings ratio of 22.46, a PEG ratio of 1.62 and a beta of 0.35.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same period last year, the firm earned $0.47 EPS. The company’s revenue for the quarter was up .9% on a year-over-year basis. As a group, equities analysts expect that Yum China Holdings, Inc. will post 2.23 EPS for the current fiscal year.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th were paid a dividend of $0.16 per share. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.43%. Yum China’s dividend payout ratio (DPR) is 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.