Yum China Holdings, Inc. (NYSE:YUMC) Shares Acquired by Morningstar Investment Services LLC

Morningstar Investment Services LLC increased its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 100.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 428,087 shares of the company’s stock after acquiring an additional 214,668 shares during the quarter. Morningstar Investment Services LLC owned about 0.10% of Yum China worth $18,099,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of YUMC. NBC Securities Inc. purchased a new stake in Yum China in the third quarter valued at approximately $29,000. Kestra Private Wealth Services LLC acquired a new stake in Yum China during the 3rd quarter worth $262,000. Oppenheimer Asset Management Inc. grew its position in Yum China by 51.1% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 6,872 shares of the company’s stock worth $383,000 after purchasing an additional 2,323 shares during the last quarter. NewEdge Wealth LLC increased its stake in Yum China by 8.3% in the third quarter. NewEdge Wealth LLC now owns 13,052 shares of the company’s stock valued at $727,000 after purchasing an additional 995 shares during the period. Finally, Sequoia Financial Advisors LLC increased its stake in Yum China by 21.8% in the third quarter. Sequoia Financial Advisors LLC now owns 17,435 shares of the company’s stock valued at $971,000 after purchasing an additional 3,125 shares during the period. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Stock Down 1.2 %

YUMC stock opened at $35.18 on Friday. The stock has a market capitalization of $13.71 billion, a PE ratio of 17.68, a price-to-earnings-growth ratio of 1.68 and a beta of 0.39. The company has a fifty day moving average of $37.63 and a 200-day moving average of $39.36. Yum China Holdings, Inc. has a one year low of $33.55 and a one year high of $61.99. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.24 and a current ratio of 1.39.

Yum China (NYSE:YUMC) last released its earnings results on Monday, April 29th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.65 by $0.06. The firm had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Yum China had a net margin of 7.49% and a return on equity of 11.90%. Yum China’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the company earned $0.69 EPS. As a group, analysts expect that Yum China Holdings, Inc. will post 2.18 EPS for the current year.

Yum China Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 28th will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Friday, May 24th. Yum China’s payout ratio is currently 32.16%.

Analyst Upgrades and Downgrades

Separately, HSBC lowered their price target on Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a report on Wednesday, March 6th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Yum China presently has a consensus rating of “Moderate Buy” and an average price target of $54.65.

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.