CreativeOne Wealth LLC Takes $348,000 Position in Yum China Holdings, Inc. (NYSE:YUMC)

CreativeOne Wealth LLC bought a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 7,733 shares of the company’s stock, valued at approximately $348,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in shares of Yum China by 43.9% during the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after purchasing an additional 258 shares during the period. Blair William & Co. IL increased its stake in Yum China by 1.2% during the 2nd quarter. Blair William & Co. IL now owns 25,639 shares of the company’s stock worth $791,000 after buying an additional 302 shares during the period. D.A. Davidson & CO. lifted its holdings in Yum China by 1.3% in the 3rd quarter. D.A. Davidson & CO. now owns 23,692 shares of the company’s stock worth $1,067,000 after buying an additional 304 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in Yum China by 2.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 12,659 shares of the company’s stock worth $570,000 after buying an additional 323 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. boosted its position in Yum China by 12.1% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company’s stock valued at $103,000 after buying an additional 360 shares during the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $47.47, for a total value of $302,716.19. Following the sale, the insider now owns 16,641 shares of the company’s stock, valued at $789,948.27. This trade represents a 27.70 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on YUMC. StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and upped their target price for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. Finally, Citigroup raised shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Yum China currently has a consensus rating of “Buy” and a consensus price target of $51.68.

Yum China Price Performance

Shares of YUMC opened at $46.61 on Tuesday. 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 has a market cap of $17.70 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 1.65 and a beta of 0.36. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00. The stock has a 50 day moving average of $46.28 and a 200-day moving average of $37.83.

Yum China (NYSE:YUMC) last released its earnings results 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 net margin of 7.97% and a return on equity of 13.39%. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. As a group, analysts forecast that Yum China Holdings, Inc. will post 2.33 EPS for the current year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a yield of 1.37%. Yum China’s payout ratio is currently 28.32%.

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.