Coldstream Capital Management Inc. acquired a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC – Free Report) during the third quarter, Holdings Channel.com reports. The fund acquired 4,492 shares of the company’s stock, valued at approximately $203,000.
Several other large investors have also added to or reduced their stakes in YUMC. Eagle Bay Advisors LLC lifted its holdings in shares of Yum China by 53.7% in the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock worth $34,000 after buying an additional 380 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in 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 purchasing an additional 258 shares in the last quarter. McClarren Financial Advisors Inc. boosted its holdings in Yum China by 906.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after purchasing an additional 834 shares during the period. National Bank of Canada FI grew its position 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 valued at $45,000 after purchasing an additional 870 shares in the last quarter. Finally, Family Firm Inc. bought a new position in shares of Yum China in the second quarter worth $52,000. Institutional investors own 85.58% of the company’s stock.
Yum China Stock Performance
Shares of NYSE YUMC opened at $49.69 on Wednesday. The stock’s 50-day moving average is $46.87 and its 200 day moving average is $38.69. The stock has a market cap of $18.87 billion, a price-to-earnings ratio of 21.99, a P/E/G 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. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01.
Yum China Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th were paid a $0.16 dividend. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a yield of 1.29%. Yum China’s dividend payout ratio (DPR) is currently 28.32%.
Insider Activity at Yum China
In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the company’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 transaction of $302,716.19. Following the completion of the transaction, the insider now owns 16,641 shares of the company’s stock, valued at $789,948.27. This represents a 27.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.30% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on YUMC shares. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. StockNews.com lowered Yum China from a “buy” rating to a “hold” rating in a report on Friday, December 13th. Finally, Citigroup raised shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $51.68.
Check Out Our Latest Analysis on YUMC
Yum China Company 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.
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