Quantinno Capital Management LP Purchases Shares of 10,035 Yum China Holdings, Inc. (NYSE:YUMC)

Quantinno Capital Management LP acquired a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,035 shares of the company’s stock, valued at approximately $452,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its position in shares of Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after acquiring an additional 258 shares in the last quarter. McClarren Financial Advisors Inc. increased its holdings in Yum China by 906.5% in the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock worth $42,000 after purchasing an additional 834 shares in the last quarter. Eagle Bay Advisors LLC lifted its stake in Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after buying an additional 380 shares during the period. National Bank of Canada FI boosted its holdings in shares of Yum China by 140.3% during the 2nd quarter. National Bank of Canada FI now owns 1,490 shares of the company’s stock worth $45,000 after buying an additional 870 shares in the last quarter. Finally, Concord Wealth Partners grew its position in shares of Yum China by 56.9% during the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after buying an additional 570 shares during the period. 85.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on YUMC shares. JPMorgan Chase & Co. upgraded 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 report on Tuesday, November 5th. StockNews.com lowered shares of Yum China from a “buy” rating to a “hold” rating in a report on Friday. Finally, Citigroup upgraded Yum China to a “strong-buy” rating in a research note on Monday, September 30th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $51.68.

Insiders Place Their Bets

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the transaction, the insider now owns 16,641 shares in the company, valued at $789,948.27. The trade was a 27.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.30% of the company’s stock.

Yum China Stock Down 0.8 %

Yum China stock opened at $49.56 on Friday. 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 firm’s fifty day moving average price is $46.89 and its two-hundred day moving average price is $38.57. The firm has a market capitalization of $18.82 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 1.76 and a beta of 0.36. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $52.00.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The business had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter in the previous year, the business earned $0.59 EPS. The company’s quarterly revenue was up 5.4% on a year-over-year basis. On average, equities research analysts predict that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s dividend payout ratio (DPR) is presently 28.32%.

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.