Yum China (NYSE:YUMC) Shares Bought by AMP Capital Investors Ltd

AMP Capital Investors Ltd grew its position in shares of Yum China (NYSE:YUMC) by 13.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 182,596 shares of the company’s stock after buying an additional 21,468 shares during the quarter. AMP Capital Investors Ltd’s holdings in Yum China were worth $7,308,000 as of its most recent filing with the Securities & Exchange Commission.

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 position in shares of Yum China by 32.2% during 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 purchasing an additional 569,400 shares in the last quarter. OppenheimerFunds Inc. grew its position in shares of Yum China by 45.6% during the 4th quarter. OppenheimerFunds Inc. now owns 410,914 shares of the company’s stock valued at $16,444,000 after purchasing an additional 128,646 shares in the last quarter. Standard Life Aberdeen plc grew its position in shares of Yum China by 13.3% during 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 purchasing 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.

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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 initiated 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 cut their target price 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.

In other news, insider Danny Tan sold 3,610 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $44.50, for a total transaction of $160,645.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Riu Sun sold 10,054 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $40.15, for a total transaction of $403,668.10. Following the transaction, 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. 0.23% of the stock is currently owned by corporate insiders.

Shares of NYSE:YUMC traded down $1.45 during midday trading on Friday, hitting $38.55. 4,377,691 shares of the stock traded hands, compared to its average volume of 2,313,428. Yum China has a one year low of $30.67 and a one year high of $48.75. The company has a market cap of $14,870.55, a price-to-earnings ratio of 27.15, a price-to-earnings-growth ratio of 2.02 and a beta of 1.38. The company has a current ratio of 1.77, a quick ratio of 1.48 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Wednesday, February 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.02. The company 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%. Yum China’s revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.17 earnings per share. research analysts forecast that Yum China will post 1.59 EPS for the current fiscal year.

The firm also recently disclosed a Not Available dividend, which was paid on Wednesday, March 21st. Shareholders of record on Wednesday, February 28th were issued a $0.10 dividend. The ex-dividend date was Tuesday, February 27th. Yum China’s dividend payout ratio (DPR) is presently 14.08%.

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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.

Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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