4,891 Shares in Yum China Holdings, Inc. (NYSE:YUMC) Acquired by Confluence Investment Management LLC

Confluence Investment Management LLC acquired a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 4,891 shares of the company’s stock, valued at approximately $236,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. FMR LLC increased its holdings in Yum China by 4,176.5% during the 3rd quarter. FMR LLC now owns 3,588,977 shares of the company’s stock valued at $161,576,000 after purchasing an additional 3,505,053 shares during the period. Waverton Investment Management Ltd increased its stake in shares of Yum China by 350.7% during the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock valued at $189,202,000 after buying an additional 3,270,560 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Yum China by 49.6% during the third quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock valued at $356,206,000 after acquiring an additional 2,609,494 shares in the last quarter. Mondrian Investment Partners LTD boosted its holdings in Yum China by 56.3% in the second quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company’s stock valued at $133,203,000 after acquiring an additional 1,582,859 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its position in Yum China by 171.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,069,134 shares of the company’s stock valued at $63,812,000 after purchasing an additional 1,307,574 shares during the period. Institutional investors own 85.58% of the company’s stock.

Analysts Set New Price Targets

YUMC has been the topic of a number of research reports. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research note on Saturday, December 21st. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $35.50 to $60.00 in a research report on Tuesday, November 5th. Finally, Citigroup raised Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $49.57.

Yum China Stock Down 4.2 %

Shares of Yum China stock opened at $44.61 on Friday. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $52.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The company has a 50-day moving average of $47.88 and a 200 day moving average of $39.96. The firm has a market cap of $16.94 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 1.76 and a beta of 0.36.

Yum China (NYSE:YUMC) last released its earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.09. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The business’s revenue was up 5.4% on a year-over-year basis. During the same period last year, the business earned $0.59 earnings per share. As a group, sell-side analysts anticipate that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th were paid a $0.16 dividend. The ex-dividend date was Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.43%. Yum China’s dividend payout ratio is currently 28.32%.

Insider Activity

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the sale, the insider now 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 Securities & Exchange Commission, which can be accessed through this link. 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.