Oliver Luxxe Assets LLC Invests $4.15 Million in Yum China Holdings, Inc. (NYSE:YUMC)

Oliver Luxxe Assets LLC bought a new position in Yum China Holdings, Inc. (NYSE:YUMCFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 86,066 shares of the company’s stock, valued at approximately $4,146,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Confluence Investment Management LLC bought a new position in Yum China during the fourth quarter valued at approximately $236,000. Tyro Capital Management LLC bought a new position in shares of Yum China during the 3rd quarter valued at $10,086,000. Franklin Resources Inc. raised its position in Yum China by 4.6% in the 3rd quarter. Franklin Resources Inc. now owns 1,804,882 shares of the company’s stock worth $85,023,000 after purchasing an additional 79,048 shares during the period. Peapack Gladstone Financial Corp bought a new stake in Yum China in the third quarter worth $944,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Yum China during the third quarter valued at about $229,000. Institutional investors own 85.58% of the company’s stock.

Insider Buying and Selling

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction 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 approximately $789,948.27. This trade represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.30% of the stock is owned by insiders.

Analyst Ratings Changes

YUMC has been the subject of a number of recent research reports. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research note on Saturday, December 21st. Citigroup upgraded Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Finally, JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $49.57.

Get Our Latest Research Report on Yum China

Yum China Trading Up 0.5 %

YUMC traded up $0.23 during midday trading on Monday, reaching $44.84. 1,903,763 shares of the company’s stock traded hands, compared to its average volume of 2,187,595. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The firm has a fifty day moving average of $47.88 and a two-hundred day moving average of $40.01. The stock has a market capitalization of $17.03 billion, a price-to-earnings ratio of 19.84, a P/E/G ratio of 1.76 and a beta of 0.35.

Yum China (NYSE:YUMCGet Free Report) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 earnings per share. On average, equities analysts anticipate that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.43%. The ex-dividend date was Tuesday, November 26th. Yum China’s dividend payout ratio is currently 28.32%.

About Yum China

(Free Report)

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

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