Vaughan Nelson Investment Management L.P. bought a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,450 shares of the company’s stock, valued at approximately $353,000.
Other hedge funds have also modified their holdings of the company. Mather Group LLC. acquired a new stake in Yum China in the first quarter valued at $26,000. LRI Investments LLC purchased a new position in shares of Yum China in the 1st quarter valued at about $36,000. Johnson Financial Group Inc. lifted its stake in shares of Yum China by 3,107.1% in the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock valued at $38,000 after purchasing an additional 870 shares during the period. Pathway Financial Advisers LLC purchased a new stake in Yum China during the first quarter worth about $39,000. Finally, BOCHK Asset Management Ltd acquired a new position in Yum China during the fourth quarter worth about $42,000. 85.58% of the stock is owned by institutional investors and hedge funds.
Yum China Trading Down 2.1 %
Shares of YUMC opened at $33.55 on Monday. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $58.21. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.24. The firm has a 50 day simple moving average of $31.79 and a 200-day simple moving average of $36.42. The stock has a market cap of $13.07 billion, a price-to-earnings ratio of 16.86, a price-to-earnings-growth ratio of 1.38 and a beta of 0.33.
Yum China Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Tuesday, August 27th. Yum China’s dividend payout ratio (DPR) is 32.16%.
Insiders Place Their Bets
In other news, insider Warton Wang bought 3,700 shares of Yum China stock in a transaction that occurred on Friday, August 16th. The shares were purchased at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the acquisition, the insider now owns 25,023 shares of the company’s stock, valued at $867,547.41. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Jeff Kuai acquired 3,900 shares of the business’s stock in a transaction on Tuesday, August 13th. The shares were bought at an average cost of $32.72 per share, with a total value of $127,608.00. Following the completion of the transaction, the insider now directly owns 3,900 shares of the company’s stock, valued at approximately $127,608. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Warton Wang bought 3,700 shares of the firm’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 transaction, the insider now directly owns 25,023 shares of the company’s stock, valued at $867,547.41. The disclosure for this purchase can be found here. Insiders have purchased a total of 18,400 shares of company stock valued at $619,671 over the last quarter. Company insiders own 0.30% of the company’s stock.
Analyst Ratings Changes
Separately, Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and boosted their price target for the stock 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 and four have issued a buy rating to the company. According to MarketBeat, Yum China presently has an average rating of “Moderate Buy” and a consensus target price of $51.20.
Get Our Latest Stock Analysis on YUMC
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.
Further Reading
- Five stocks we like better than Yum China
- Learn Technical Analysis Skills to Master the Stock Market
- 3 Affordable Stocks Under $10 Ready to Rebound Soon
- NYSE Stocks Give Investors a Variety of Quality OptionsĀ
- The Rebound is on for Applied Materials Stock PriceĀ
- Want to Profit on the Downtrend? Downtrends, Explained.
- Archer Aviation Stumbles on Q2 Earnings, But Potential Remains
Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.