Valeo Financial Advisors LLC Makes New Investment in Yum China Holdings, Inc. (NYSE:YUMC)

Valeo Financial Advisors LLC bought a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,828 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds have also recently modified their holdings of the company. Mather Group LLC. purchased a new stake in shares of Yum China during the 1st quarter worth approximately $26,000. Eagle Bay Advisors LLC increased its stake in shares of Yum China by 53.7% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock worth $34,000 after purchasing an additional 380 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of Yum China during the 1st quarter worth approximately $36,000. Pathway Financial Advisers LLC purchased a new stake in shares of Yum China during the 1st quarter worth approximately $39,000. Finally, National Bank of Canada FI increased its stake in shares of Yum China by 140.3% during the 2nd 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. Institutional investors own 85.58% of the company’s stock.

Insider Activity

In other news, insider Warton Wang purchased 3,700 shares of Yum China stock in a transaction dated Friday, August 16th. The stock was purchased at an average cost of $34.67 per share, for a total transaction of $128,279.00. Following the transaction, the insider now directly owns 25,023 shares of the company’s stock, valued at approximately $867,547.41. This trade 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 through this hyperlink. In related news, insider Warton Wang acquired 3,700 shares of the company’s stock in a transaction dated Friday, August 16th. The stock was bought at an average cost of $34.67 per share, with a total value of $128,279.00. Following the acquisition, the insider now owns 25,023 shares of the company’s stock, valued at approximately $867,547.41. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert Blaine Aiken, Jr. acquired 3,000 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were bought at an average cost of $33.74 per share, with a total value of $101,220.00. Following the completion of the acquisition, the director now directly owns 12,088 shares in the company, valued at $407,849.12. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders bought 18,400 shares of company stock worth $619,671 in the last three months. Corporate insiders own 0.30% of the company’s stock.

Yum China Stock Down 5.6 %

Yum China stock opened at $44.19 on Wednesday. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.88. The firm has a market capitalization of $17.22 billion, a price-to-earnings ratio of 22.21, a P/E/G ratio of 1.94 and a beta of 0.35. 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 firm has a 50 day simple moving average of $37.70 and a 200 day simple moving average of $35.87.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Monday, August 5th. The company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. The firm had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.76 billion. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The business’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the previous year, the business earned $0.47 EPS. On average, analysts predict that Yum China Holdings, Inc. will post 2.22 earnings per share for the current year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th were given a dividend of $0.16 per share. The ex-dividend date was Tuesday, August 27th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.45%. Yum China’s dividend payout ratio (DPR) is currently 32.16%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports 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 lifted their price objective for the company 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 assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $46.18.

Yum China 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.