Integrated Wealth Concepts LLC Acquires New Position in Yum China Holdings, Inc. (NYSE:YUMC)

Integrated Wealth Concepts LLC purchased a new stake in Yum China Holdings, Inc. (NYSE:YUMC) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 5,317 shares of the company’s stock, valued at approximately $239,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in YUMC. Eagle Bay Advisors LLC raised its stake in shares of 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 acquiring an additional 380 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after buying an additional 258 shares during the period. McClarren Financial Advisors Inc. grew its position 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 buying an additional 834 shares in the last quarter. National Bank of Canada FI increased its stake 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 buying an additional 870 shares during the period. Finally, Family Firm Inc. acquired a new stake in Yum China in the second quarter valued at approximately $52,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Insider Buying and Selling

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $47.47, for a total transaction of $302,716.19. Following the transaction, the insider now directly owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. This trade represents a 27.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have commented on YUMC. StockNews.com cut shares of Yum China from a “buy” rating to a “hold” rating in a report on Friday. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Finally, Citigroup raised Yum China to a “strong-buy” rating in a report on Monday, September 30th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Yum China has a consensus rating of “Buy” and a consensus target price of $51.68.

Yum China Stock Down 0.8 %

Shares of NYSE:YUMC opened at $49.57 on Friday. The firm has a 50 day simple moving average of $46.89 and a 200-day simple moving average of $38.55. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $18.82 billion, a PE ratio of 21.93, a P/E/G ratio of 1.75 and a beta of 0.36.

Yum China (NYSE:YUMC) last announced its quarterly earnings results 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 net margin of 7.97% and a return on equity of 13.39%. The firm had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the previous year, the company earned $0.59 earnings per share. Yum China’s quarterly revenue was up 5.4% compared to the same quarter last year. On average, equities analysts predict that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be given a $0.16 dividend. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.29%. 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.