2 weeks Ago By ABMN Staff
Mercer Global Advisors Inc. ADV decreased its position in shares of Yum China Holdings, Inc. ( NYSE:YUMC – Free Report ) by 4.
4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,447 shares of the company’s stock after selling 625 shares during the quarter. Mercer Global Advisors Inc.
ADV’s holdings in Yum China were worth $415,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also made changes to their positions in the company. Industrial Alliance Investment Management Inc.
lifted its holdings in Yum China by 4.4% in the 1st quarter. Industrial Alliance Investment Management Inc.
now owns 6,802 shares of the company’s stock valued at $271,000 after purchasing an additional 286 shares in the last quarter. Carmichael Hill & Associates Inc. increased its position in shares of Yum China by 12.
1% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company’s stock worth $103,000 after purchasing an additional 360 shares during the last quarter.
Eagle Bay Advisors LLC grew its position in Yum China by 53.7% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after acquiring an additional 380 shares in the last quarter.
Bessemer Group Inc. grew its position in Yum China by 14.3% in the 1st quarter.
Bessemer Group Inc. now owns 3,235 shares of the company’s stock valued at $129,000 after acquiring an additional 405 shares in the last quarter. Finally, Cetera Advisors LLC boosted its stake in shares of Yum China by 6.
3% in the 1st quarter. Cetera Advisors LLC now owns 6,823 shares of the company’s stock valued at $272,000 after buying an additional 406 shares during the period. Institutional investors and hedge funds own 85.
58% of the company’s stock. Yum China Stock Up 3.4 % Shares of NYSE:YUMC opened at $45.
35 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.
23 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc.
has a 52-week low of $28.50 and a 52-week high of $56.64.
The stock’s fifty day simple moving average is $33.71 and its 200-day simple moving average is $35.33.
The company has a market capitalization of $17.67 billion, a P/E ratio of 22.79, a P/E/G ratio of 1.
60 and a beta of 0.34. Yum China Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, September 17th.
Shareholders of record on Tuesday, August 27th were paid a dividend of $0.16 per share. The ex-dividend date was Tuesday, August 27th.
This represents a $0.64 annualized dividend and a yield of 1.41%.
Yum China’s dividend payout ratio is presently 32.16%. Analyst Ratings Changes Separately, Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and boosted their price objective for the company from $30.
00 to $37.40 in a research note on Tuesday, August 6th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock.
Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.
Read Our Latest Report on YUMC Insiders Place Their Bets In related news, insider Jeff Kuai bought 3,900 shares of the stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average price of $32.72 per share, for a total transaction of $127,608.
00. Following the completion of the purchase, the insider now owns 3,900 shares in the company, valued at $127,608. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website .
In related news, CTO Leila Zhang purchased 4,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were acquired at an average price of $33.36 per share, with a total value of $133,440.
00. Following the acquisition, the chief technology officer now owns 41,339 shares in the company, valued at approximately $1,379,069.04.
The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website . Also, insider Jeff Kuai bought 3,900 shares of the business’s stock in a transaction on Tuesday, August 13th. The shares were acquired at an average cost of $32.
72 per share, for a total transaction of $127,608.00. Following the purchase, the insider now directly owns 3,900 shares in the company, valued at $127,608.
The disclosure for this purchase can be found here . Insiders bought 18,400 shares of company stock worth $619,671 over the last three months. 0.
30% of the stock is owned by insiders. Yum China Profile ( 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. Featured Articles Want to see what other hedge funds are holding YUMC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Yum China Holdings, Inc. ( NYSE:YUMC – Free Report ). Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.
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