Benjamin F. Edwards & Company Inc. raised its holdings in Yum China Holdings Inc (NYSE:YUMC) by 54.5% during the 4th quarter, Holdings Channel reports. The firm owned 1,137 shares of the company’s stock after acquiring an additional 401 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Yum China were worth $38,000 as of its most recent filing with the SEC.
A number of other large investors have also bought and sold shares of YUMC. MAI Capital Management raised its position in shares of Yum China by 2.6% in the fourth quarter. MAI Capital Management now owns 11,140 shares of the company’s stock worth $374,000 after acquiring an additional 280 shares during the period. Hudock Capital Group LLC raised its position in shares of Yum China by 29.2% in the fourth quarter. Hudock Capital Group LLC now owns 1,323 shares of the company’s stock worth $44,000 after acquiring an additional 299 shares during the period. Fiduciary Trust Co. raised its position in shares of Yum China by 4.2% in the fourth quarter. Fiduciary Trust Co. now owns 10,569 shares of the company’s stock worth $354,000 after acquiring an additional 425 shares during the period. Lavaca Capital LLC acquired a new position in shares of Yum China in the fourth quarter worth about $25,000. Finally, YHB Investment Advisors Inc. raised its position in shares of Yum China by 1.1% in the fourth quarter. YHB Investment Advisors Inc. now owns 71,298 shares of the company’s stock worth $2,391,000 after acquiring an additional 785 shares during the period. 76.28% of the stock is currently owned by institutional investors.
In related news, insider Ted Lee sold 2,246 shares of the company’s stock in a transaction dated Monday, February 11th. The shares were sold at an average price of $40.98, for a total transaction of $92,041.08. Following the completion of the transaction, the insider now owns 1,863 shares in the company, valued at approximately $76,345.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Danny Tan sold 7,502 shares of the company’s stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $41.00, for a total transaction of $307,582.00. Following the transaction, the insider now owns 30,538 shares of the company’s stock, valued at approximately $1,252,058. The disclosure for this sale can be found here. 0.37% of the stock is owned by corporate insiders.
YUMC opened at $41.29 on Thursday. Yum China Holdings Inc has a twelve month low of $30.10 and a twelve month high of $44.61. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.72 and a quick ratio of 1.49. The stock has a market cap of $15.66 billion, a P/E ratio of 26.99, a P/E/G ratio of 2.87 and a beta of 0.70.
Yum China (NYSE:YUMC) last released its quarterly earnings results on Thursday, January 31st. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.05. Yum China had a net margin of 8.41% and a return on equity of 19.39%. The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.94 billion. On average, sell-side analysts expect that Yum China Holdings Inc will post 1.61 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 21st. Investors of record on Thursday, February 28th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, February 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.16%. Yum China’s dividend payout ratio (DPR) is presently 31.37%.
A number of research analysts have weighed in on YUMC shares. Bank of America upgraded shares of Yum China from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $34.00 to $35.00 in a research report on Wednesday, October 31st. Zacks Investment Research reiterated a “hold” rating on shares of Yum China in a research report on Saturday, November 17th. Finally, TheStreet upgraded shares of Yum China from a “c+” rating to a “b” rating in a research report on Thursday, January 24th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Yum China presently has an average rating of “Hold” and a consensus target price of $38.67.
Yum China Company Profile
Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, and Little Sheep brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, and Mexican-style food categories.
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