Hsbc Holdings PLC Buys 13,178 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Hsbc Holdings PLC raised its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 0.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,864,795 shares of the company’s stock after purchasing an additional 13,178 shares during the period. Hsbc Holdings PLC owned 0.48% of Yum China worth $57,556,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in YUMC. Mather Group LLC. purchased a new position in Yum China during the 1st quarter valued at approximately $26,000. Johnson Financial Group Inc. raised its stake in Yum China by 3,107.1% during 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 in the last quarter. LRI Investments LLC bought a new position in Yum China during the first quarter valued at $36,000. Pathway Financial Advisers LLC purchased a new position in shares of Yum China in the 1st quarter worth $39,000. Finally, BOCHK Asset Management Ltd bought a new stake in shares of Yum China in the 4th quarter worth about $42,000. 85.58% of the stock is owned by institutional investors.

Yum China Trading Up 1.7 %

YUMC stock opened at $35.42 on Friday. The firm’s fifty day simple moving average is $32.69 and its two-hundred day simple moving average is $35.40. The stock has a market capitalization of $13.62 billion, a price-to-earnings ratio of 17.80, a price-to-earnings-growth ratio of 1.42 and a beta of 0.34. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $58.21.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.08. The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.76 billion. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 earnings per share. As a group, analysts anticipate that Yum China Holdings, Inc. will post 2.22 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend was Tuesday, August 27th. Yum China’s payout ratio is currently 32.16%.

Analyst Ratings Changes

Separately, Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and lifted their price target for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.20.

Insider Buying and Selling at Yum China

In related news, CEO Joey Wat bought 3,800 shares of the stock in a transaction dated Wednesday, August 14th. The stock was purchased at an average cost of $33.98 per share, with a total value of $129,124.00. Following the completion of the purchase, the chief executive officer now owns 272,944 shares of the company’s stock, valued at $9,274,637.12. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO Joey Wat purchased 3,800 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The stock was purchased at an average price of $33.98 per share, with a total value of $129,124.00. Following the completion of the purchase, the chief executive officer now owns 272,944 shares of the company’s stock, valued at approximately $9,274,637.12. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jeff Kuai purchased 3,900 shares of the stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average price of $32.72 per share, with a total value of $127,608.00. Following the acquisition, the insider now directly owns 3,900 shares of the company’s stock, valued at approximately $127,608. The disclosure for this purchase can be found here. Insiders have acquired 18,400 shares of company stock valued at $619,671 in the last quarter. 0.30% of the stock is owned by insiders.

About Yum China

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.