Summit Trail Advisors LLC Takes Position in Yum China Holdings, Inc. (NYSE:YUMC)

Summit Trail Advisors LLC bought a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 12,795 shares of the company’s stock, valued at approximately $616,000.

Several other large investors have also recently modified their holdings of YUMC. Valeo Financial Advisors LLC purchased a new stake in Yum China in the 3rd quarter worth about $217,000. Procyon Advisors LLC grew its stake in shares of Yum China by 17.7% during the third quarter. Procyon Advisors LLC now owns 14,006 shares of the company’s stock valued at $631,000 after buying an additional 2,110 shares during the last quarter. Grove Bank & Trust raised its holdings in shares of Yum China by 64.3% in the third quarter. Grove Bank & Trust now owns 2,466 shares of the company’s stock worth $111,000 after buying an additional 965 shares during the period. Applied Capital LLC FL bought a new stake in shares of Yum China during the 3rd quarter worth approximately $779,000. Finally, Ironwood Financial llc purchased a new position in Yum China during the 3rd quarter valued at $201,000. Institutional investors own 85.58% of the company’s stock.

Insider Activity

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction dated 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 $789,948.27. This trade represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

YUMC has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. StockNews.com lowered shares of Yum China from a “buy” rating to a “hold” rating in a report on Sunday. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Yum China currently has a consensus rating of “Buy” and an average price target of $49.57.

Yum China Trading Down 1.3 %

Shares of NYSE YUMC opened at $47.43 on Wednesday. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $46.87 and a two-hundred day simple moving average of $42.66. The firm has a market cap of $18.01 billion, a PE ratio of 20.36, a price-to-earnings-growth ratio of 1.50 and a beta of 0.33.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. Analysts expect that Yum China Holdings, Inc. will post 2.55 earnings per share for the current fiscal year.

Yum China Increases Dividend

The firm 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 $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend is Thursday, March 6th. This is a boost from Yum China’s previous quarterly dividend of $0.16. Yum China’s dividend payout ratio is presently 27.47%.

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.