Amundi Pioneer Asset Management Inc. bought a new position in shares of Yum China (NYSE:YUMC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 294,504 shares of the company’s stock, valued at approximately $11,786,000. Amundi Pioneer Asset Management Inc. owned approximately 0.08% of Yum China as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP purchased a new position in Yum China in the 2nd quarter valued at approximately $267,000. Matthews International Capital Management LLC grew its stake in Yum China by 32.2% in the 4th quarter. Matthews International Capital Management LLC now owns 2,339,310 shares of the company’s stock valued at $93,619,000 after buying an additional 569,400 shares in the last quarter. OppenheimerFunds Inc. grew its stake in Yum China by 45.6% in the 4th quarter. OppenheimerFunds Inc. now owns 410,914 shares of the company’s stock valued at $16,444,000 after buying an additional 128,646 shares in the last quarter. Standard Life Aberdeen plc grew its stake in Yum China by 13.3% in the 4th quarter. Standard Life Aberdeen plc now owns 31,015,455 shares of the company’s stock valued at $1,241,238,000 after buying an additional 3,638,955 shares in the last quarter. Finally, Eaton Vance Management grew its position in shares of Yum China by 160.4% during the 4th quarter. Eaton Vance Management now owns 395,013 shares of the company’s stock valued at $15,808,000 after purchasing an additional 243,307 shares in the last quarter. 79.88% of the stock is currently owned by hedge funds and other institutional investors.
A number of research firms have recently commented on YUMC. Zacks Investment Research lowered shares of Yum China from a “hold” rating to a “sell” rating in a research report on Wednesday, March 7th. Macquarie began coverage on shares of Yum China in a research report on Wednesday, January 3rd. They set an “outperform” rating and a $55.00 price target for the company. Finally, Morgan Stanley reduced their price target on shares of Yum China from $49.00 to $48.00 and set an “overweight” rating for the company in a research report on Tuesday, March 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $45.63.
Yum China stock traded down $1.45 during mid-day trading on Friday, hitting $38.55. The company’s stock had a trading volume of 4,377,691 shares, compared to its average volume of 2,313,428. The company has a quick ratio of 1.48, a current ratio of 1.77 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $14,870.55, a PE ratio of 27.15, a P/E/G ratio of 2.02 and a beta of 1.38. Yum China has a 12 month low of $30.67 and a 12 month high of $48.75.
Yum China (NYSE:YUMC) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. The firm had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.15 billion. Yum China had a net margin of 5.64% and a return on equity of 20.59%. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.17 earnings per share. equities analysts expect that Yum China will post 1.59 earnings per share for the current fiscal year.
The company also recently disclosed a Not Available dividend, which was paid on Wednesday, March 21st. Stockholders of record on Wednesday, February 28th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, February 27th. Yum China’s dividend payout ratio (DPR) is 14.08%.
In related news, Director Jonathan S. Linen purchased 4,000 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was bought at an average cost of $39.76 per share, with a total value of $159,040.00. Following the completion of the purchase, the director now directly owns 41,236 shares in the company, valued at $1,639,543.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Riu Sun sold 10,054 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $40.15, for a total transaction of $403,668.10. Following the completion of the sale, the insider now owns 17,622 shares in the company, valued at approximately $707,523.30. The disclosure for this sale can be found here. Corporate insiders own 0.23% of the company’s stock.
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Yum China Profile
Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, and Little Sheep brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, and Mexican-style food categories.
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