Euro Pacific Asset Management LLC Purchases New Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Euro Pacific Asset Management LLC acquired a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 36,517 shares of the company’s stock, valued at approximately $1,650,000.

A number of other hedge funds have also recently bought and sold shares of YUMC. OneDigital Investment Advisors LLC grew its position in shares of Yum China by 19.9% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 9,909 shares of the company’s stock worth $446,000 after buying an additional 1,642 shares during the period. Parthenon LLC bought a new stake in shares of Yum China during the 3rd quarter valued at $243,000. Oppenheimer & Co. Inc. acquired a new position in shares of Yum China in the 3rd quarter valued at $296,000. GSA Capital Partners LLP boosted its position in shares of Yum China by 100.2% in the 3rd quarter. GSA Capital Partners LLP now owns 35,760 shares of the company’s stock worth $1,610,000 after purchasing an additional 17,898 shares during the last quarter. Finally, Waverton Investment Management Ltd grew its stake in shares of Yum China by 350.7% during the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock worth $189,202,000 after purchasing an additional 3,270,560 shares during the period. 85.58% of the stock is currently owned by institutional investors.

Yum China Stock Down 0.0 %

Yum China stock opened at $47.21 on Friday. The company has a fifty day simple moving average of $43.61 and a 200 day simple moving average of $37.14. The company has a current ratio of 1.29, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $52.00. The company has a market cap of $17.93 billion, a P/E ratio of 20.89, a price-to-earnings-growth ratio of 1.69 and a beta of 0.36.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The company had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter last year, the company earned $0.59 EPS. Yum China’s revenue for the quarter was up 5.4% compared to the same quarter last year. Research analysts anticipate that Yum China Holdings, Inc. will post 2.31 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. Stockholders of record on Tuesday, November 26th will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s dividend payout ratio is currently 28.32%.

Wall Street Analyst Weigh In

YUMC has been the topic of several analyst reports. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and increased their target price for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Citigroup upgraded shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and increased their target price for the stock from $30.00 to $37.40 in a report on Tuesday, August 6th. Finally, StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a report on Friday. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $51.68.

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.