Yum China Holdings, Inc. (NYSE:YUMC) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC raised its position in Yum China Holdings, Inc. (NYSE:YUMC) by 4,403.5% during the 3rd quarter, Holdings Channel reports. The firm owned 15,627 shares of the company’s stock after acquiring an additional 15,280 shares during the quarter. International Assets Investment Management LLC’s holdings in Yum China were worth $704,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Private Advisor Group LLC grew its holdings in Yum China by 4.5% in the third quarter. Private Advisor Group LLC now owns 13,893 shares of the company’s stock valued at $625,000 after purchasing an additional 597 shares during the last quarter. Pictet North America Advisors SA grew its holdings in Yum China by 35.5% in the third quarter. Pictet North America Advisors SA now owns 507,658 shares of the company’s stock valued at $22,785,000 after purchasing an additional 132,977 shares during the last quarter. Eastern Bank acquired a new stake in Yum China in the third quarter valued at $103,000. Sequoia Financial Advisors LLC grew its holdings in Yum China by 12.9% in the third quarter. Sequoia Financial Advisors LLC now owns 14,008 shares of the company’s stock valued at $631,000 after purchasing an additional 1,597 shares during the last quarter. Finally, Carrhae Capital LLP acquired a new stake in Yum China in the third quarter valued at $21,173,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Insider Buying and Selling

In other news, insider Jeff Kuai bought 3,900 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired at an average cost of $32.72 per share, with a total value of $127,608.00. Following the transaction, the insider now owns 3,900 shares of the company’s stock, valued at $127,608. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CTO Leila Zhang purchased 4,000 shares of the stock in a transaction on Thursday, August 15th. The stock was purchased at an average price of $33.36 per share, with a total value of $133,440.00. Following the completion of the transaction, the chief technology officer now owns 41,339 shares in the company, valued at approximately $1,379,069.04. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeff Kuai purchased 3,900 shares of the stock in a transaction on Tuesday, August 13th. The shares were purchased at an average cost of $32.72 per share, with a total value of $127,608.00. Following the transaction, the insider now owns 3,900 shares of the company’s stock, valued at $127,608. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 18,400 shares of company stock valued at $619,671. Insiders own 0.30% of the company’s stock.

Yum China Stock Up 0.1 %

YUMC 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. The firm has a market cap of $18.59 billion, a P/E ratio of 21.40, a PEG ratio of 1.67 and a beta of 0.36. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $51.68. The business’s fifty day simple moving average is $41.22 and its 200 day simple moving average is $36.56.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The firm had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.03 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 5.4% on a year-over-year basis. During the same period last year, the company earned $0.59 EPS. As a group, equities research analysts anticipate that Yum China Holdings, Inc. will post 2.23 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a yield of 1.32%. Yum China’s payout ratio is 28.32%.

Wall Street Analysts Forecast Growth

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

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.