HBK Investments L P lifted its stake in Yum China Holdings Inc (NYSE:YUMC) by 248.0% during the 4th quarter, Holdings Channel reports. The firm owned 359,500 shares of the company’s stock after acquiring an additional 256,181 shares during the period. HBK Investments L P’s holdings in Yum China were worth $14,387,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Standard Life Aberdeen plc raised its stake in Yum China by 13.3% during the 4th quarter. Standard Life Aberdeen plc now owns 31,015,455 shares of the company’s stock worth $1,241,238,000 after buying an additional 3,638,955 shares during the period. Two Sigma Advisers LP raised its stake in Yum China by 29.3% during the 4th quarter. Two Sigma Advisers LP now owns 2,732,541 shares of the company’s stock worth $109,356,000 after buying an additional 619,141 shares during the period. Clearbridge Investments LLC raised its stake in Yum China by 6.5% during the 4th quarter. Clearbridge Investments LLC now owns 9,990,378 shares of the company’s stock worth $399,815,000 after buying an additional 611,882 shares during the period. Matthews International Capital Management LLC raised its stake in 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 worth $93,619,000 after buying an additional 569,400 shares during the period. Finally, AXA acquired a new stake in Yum China during the 4th quarter worth $14,833,000. Institutional investors and hedge funds own 80.19% of the company’s stock.
In other Yum China news, insider Danny Tan sold 3,610 shares of Yum China stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $44.50, for a total value of $160,645.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Riu Sun sold 10,054 shares of Yum China stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $40.15, for a total value of $403,668.10. Following the completion of the sale, the insider now directly owns 17,622 shares in the company, valued at approximately $707,523.30. The disclosure for this sale can be found here. Company insiders own 0.23% of the company’s stock.
Shares of Yum China Holdings Inc (NYSE YUMC) opened at $41.99 on Tuesday. Yum China Holdings Inc has a 12 month low of $25.53 and a 12 month high of $48.75. The stock has a market capitalization of $16,200.00 and a PE ratio of 29.36. The company has a quick ratio of 1.48, a current ratio of 1.77 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, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.02. Yum China had a return on equity of 20.59% and a net margin of 5.64%. The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter last year, the business posted $0.17 EPS. The company’s revenue for the quarter was up 12.6% on a year-over-year basis. equities research analysts forecast that Yum China Holdings Inc will post 1.6 earnings per share for the current fiscal year.
The company also recently declared a Not Available dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Wednesday, February 28th will be paid a $0.10 dividend. This represents a dividend yield of 0.00248200546041201%. The ex-dividend date of this dividend is Tuesday, February 27th. Yum China’s dividend payout ratio is 13.99%.
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Yum China Company Profile
Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.
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