AIA Investment Management Private Ltd Takes Position in Yum China Holdings Inc (YUMC)

AIA Investment Management Private Ltd acquired a new stake in Yum China Holdings Inc (NYSE:YUMC) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 256,600 shares of the company’s stock, valued at approximately $8,966,000. Yum China accounts for 2.3% of AIA Investment Management Private Ltd’s portfolio, making the stock its 6th largest holding. AIA Investment Management Private Ltd owned 0.07% of Yum China as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in YUMC. Amussen Hunsaker Associates LLC purchased a new position in Yum China during the 2nd quarter valued at about $130,000. Atlas Capital Advisors LLC purchased a new position in Yum China during the 3rd quarter valued at about $139,000. Stratos Wealth Partners LTD. purchased a new position in Yum China during the 3rd quarter valued at about $192,000. Cerebellum GP LLC purchased a new position in Yum China during the 3rd quarter valued at about $197,000. Finally, CenterStar Asset Management LLC purchased a new position in Yum China during the 3rd quarter valued at about $202,000. Institutional investors and hedge funds own 77.73% of the company’s stock.

A number of research analysts have weighed in on the company. Zacks Investment Research lowered Yum China from a “hold” rating to a “sell” rating in a report on Thursday, October 25th. Bank of America raised Yum China from an “underperform” rating to a “neutral” rating and lifted their target price for the company from $34.00 to $35.00 in a report on Wednesday, October 31st. UBS Group lowered Yum China from an “outperform” rating to a “market perform” rating in a report on Friday, August 17th. Finally, Oppenheimer lowered Yum China from an “outperform” rating to a “market perform” rating and set a $33.00 target price for the company. in a report on Friday, August 17th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Yum China currently has a consensus rating of “Hold” and a consensus price target of $42.75.

Shares of NYSE YUMC opened at $35.62 on Thursday. Yum China Holdings Inc has a 12 month low of $30.10 and a 12 month high of $48.75. The company has a quick ratio of 1.49, a current ratio of 1.72 and a debt-to-equity ratio of 0.01. The stock has a market cap of $13.58 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 1.67 and a beta of 0.55.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Tuesday, October 30th. The company reported $0.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.06. Yum China had a return on equity of 20.73% and a net margin of 6.23%. The company had revenue of $2.21 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm earned $0.52 earnings per share. Yum China’s revenue was up 3.8% on a year-over-year basis. Sell-side analysts anticipate that Yum China Holdings Inc will post 1.51 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 18th. Stockholders of record on Tuesday, November 27th will be issued a dividend of $0.12 per share. This is a positive change from Yum China’s previous quarterly dividend of $0.10. The ex-dividend date is Monday, November 26th. This represents a $0.48 annualized dividend and a dividend yield of 1.35%. Yum China’s payout ratio is presently 33.80%.

In other Yum China news, insider Riu Sun sold 8,405 shares of the company’s stock in a transaction that occurred on Monday, November 12th. The stock was sold at an average price of $36.50, for a total value of $306,782.50. Following the completion of the sale, the insider now owns 9,942 shares of the company’s stock, valued at $362,883. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Angela Ai sold 8,391 shares of the company’s stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $37.25, for a total value of $312,564.75. Following the completion of the sale, the insider now directly owns 17,127 shares of the company’s stock, valued at approximately $637,980.75. The disclosure for this sale can be found here. Insiders have sold 25,120 shares of company stock valued at $930,188 in the last three months. 0.37% of the stock is owned by insiders.

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About Yum China

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

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