Two Sigma Advisers LP boosted its holdings in Yum China Holdings Inc (NYSE:YUMC) by 29.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,732,541 shares of the company’s stock after buying an additional 619,141 shares during the period. Two Sigma Advisers LP’s holdings in Yum China were worth $109,356,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. MML Investors Services LLC increased its position in Yum China by 10.4% in the 4th quarter. MML Investors Services LLC now owns 14,121 shares of the company’s stock worth $565,000 after buying an additional 1,333 shares during the period. Franklin Resources Inc. increased its position in Yum China by 1.2% in the 4th quarter. Franklin Resources Inc. now owns 120,172 shares of the company’s stock worth $4,809,000 after buying an additional 1,423 shares during the period. Bbva Compass Bancshares Inc. increased its position in Yum China by 2.5% in the 4th quarter. Bbva Compass Bancshares Inc. now owns 71,572 shares of the company’s stock worth $2,865,000 after buying an additional 1,767 shares during the period. Advisor Group Inc. increased its position in Yum China by 10.7% in the 4th quarter. Advisor Group Inc. now owns 23,670 shares of the company’s stock worth $947,000 after buying an additional 2,281 shares during the period. Finally, Truewealth LLC bought a new position in Yum China in the 4th quarter worth approximately $129,000. 80.19% of the stock is currently owned by institutional investors.
Shares of Yum China Holdings Inc (NYSE YUMC) traded up $0.20 during mid-day trading on Tuesday, reaching $42.19. The company had a trading volume of 163,604 shares, compared to its average volume of 2,417,749. The company has a current ratio of 1.77, a quick ratio of 1.48 and a debt-to-equity ratio of 0.01. The firm has a market cap of $16,200.00 and a price-to-earnings ratio of 29.36. Yum China Holdings Inc has a twelve month low of $25.53 and a twelve month high of $48.75.
The business also recently declared a Not Available dividend, which will be paid on Wednesday, March 21st. Investors of record on Wednesday, February 28th will be paid a $0.10 dividend. This represents a yield of 0.00248200546041201%. The ex-dividend date is Tuesday, February 27th. Yum China’s dividend payout ratio is 13.99%.
Several analysts have recently weighed in on YUMC shares. Zacks Investment Research raised Yum China from a “sell” rating to a “hold” rating in a report on Thursday, March 1st. Macquarie started coverage on Yum China in a report on Wednesday, January 3rd. They set an “outperform” rating and a $55.00 price objective on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company’s stock. Yum China presently has a consensus rating of “Buy” and a consensus target price of $44.28.
In other Yum China news, Director Jonathan S. Linen acquired 4,000 shares of Yum China stock in a transaction on Friday, February 9th. The shares were bought at an average price of $39.76 per share, with a total value of $159,040.00. Following the completion of the purchase, the director now owns 41,236 shares in the company, valued at $1,639,543.36. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Danny Tan sold 3,610 shares of the business’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $44.50, for a total value of $160,645.00. The disclosure for this sale can be found here. 0.23% of the stock is owned by insiders.
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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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