LGT Group Foundation Purchases New Stake in Yum China Holdings, Inc. (NYSE:YUMC)

LGT Group Foundation purchased a new stake in Yum China Holdings, Inc. (NYSE:YUMC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 34,324 shares of the company’s stock, valued at approximately $1,653,000.

Several other hedge funds have also recently bought and sold shares of YUMC. Kentucky Trust Co purchased a new position in Yum China in the fourth quarter valued at approximately $29,000. Farther Finance Advisors LLC raised its stake in shares of Yum China by 43.9% during the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after purchasing an additional 258 shares during the period. Prospera Private Wealth LLC purchased a new stake in shares of Yum China during the third quarter valued at approximately $110,000. Ashton Thomas Securities LLC purchased a new stake in shares of Yum China during the third quarter valued at approximately $139,000. Finally, Independence Bank of Kentucky raised its stake in shares of Yum China by 1,374.5% during the fourth quarter. Independence Bank of Kentucky now owns 2,949 shares of the company’s stock valued at $142,000 after purchasing an additional 2,749 shares during the period. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Analyst Ratings Changes

YUMC has been the topic of a number of analyst reports. StockNews.com lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. upgraded shares of 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 note on Tuesday, November 5th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $49.57.

Yum China Stock Down 0.8 %

YUMC stock opened at $49.02 on Tuesday. 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 $18.62 billion, a P/E ratio of 21.04, a PEG ratio of 1.72 and a beta of 0.33. The firm has a 50 day simple moving average of $46.69 and a 200-day simple moving average of $44.29.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. On average, equities research analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.24 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.96%. This is an increase from Yum China’s previous quarterly dividend of $0.16. Yum China’s dividend payout ratio (DPR) is presently 41.20%.

Insider Transactions at Yum China

In other Yum China news, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction on Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the transaction, the insider now owns 56,602 shares of the company’s stock, valued at $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available 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.