NewEdge Advisors LLC Has $467,000 Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

NewEdge Advisors LLC increased its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 53.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,686 shares of the company’s stock after buying an additional 3,393 shares during the period. NewEdge Advisors LLC’s holdings in Yum China were worth $467,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in YUMC. Asset Management One Co. Ltd. raised its holdings in Yum China by 16.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 56,896 shares of the company’s stock worth $2,794,000 after purchasing an additional 8,101 shares during the last quarter. Jupiter Asset Management Ltd. bought a new stake in shares of Yum China in the 4th quarter valued at $31,836,000. Merit Financial Group LLC bought a new stake in shares of Yum China in the 4th quarter valued at $322,000. Inspire Investing LLC bought a new stake in shares of Yum China in the 4th quarter valued at $809,000. Finally, US Bancorp DE increased its stake in shares of Yum China by 40.4% in the 4th quarter. US Bancorp DE now owns 31,821 shares of the company’s stock valued at $1,533,000 after acquiring an additional 9,155 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Stock Performance

NYSE YUMC opened at $46.75 on Tuesday. The company has a fifty day simple moving average of $48.41 and a 200 day simple moving average of $47.33. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $53.99. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The company has a market cap of $17.53 billion, a P/E ratio of 20.06, a PEG ratio of 1.72 and a beta of 0.32.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. Sell-side analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued a $0.24 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 2.05%. This is an increase from Yum China’s previous quarterly dividend of $0.16. Yum China’s dividend payout ratio is currently 41.20%.

Insider Activity at Yum China

In other Yum China news, CTO Leila Zhang sold 4,000 shares of Yum China stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $50.59, for a total transaction of $202,360.00. Following the transaction, the chief technology officer now owns 52,075 shares of the company’s stock, valued at $2,634,474.25. This trade represents a 7.13 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joey Wat sold 37,252 shares of Yum China stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the transaction, the chief executive officer now directly owns 382,657 shares in the company, valued at approximately $19,021,879.47. This represents a 8.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 45,152 shares of company stock valued at $2,242,176 over the last ninety days. Corporate insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on YUMC. Daiwa America upgraded shares of Yum China to a “strong-buy” rating in a research note on Wednesday, April 9th. StockNews.com lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $48.70.

Yum China Company Profile

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.