Yum China Holdings, Inc. (NYSE:YUMC) Stock Holdings Increased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company boosted its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 36.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,518,003 shares of the company’s stock after purchasing an additional 408,077 shares during the period. The Manufacturers Life Insurance Company’s holdings in Yum China were worth $71,359,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its position in Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after purchasing an additional 258 shares during the last quarter. LRI Investments LLC acquired a new position in Yum China in the first quarter worth approximately $36,000. McClarren Financial Advisors Inc. raised its position in Yum China by 906.5% during the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after acquiring an additional 834 shares in the last quarter. Pathway Financial Advisers LLC bought a new stake in Yum China in the first quarter worth approximately $39,000. Finally, Eagle Bay Advisors LLC increased its stake in shares of Yum China by 53.7% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock worth $34,000 after purchasing an additional 380 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Trading Up 2.9 %

Shares of NYSE:YUMC opened at $46.78 on Thursday. 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 quick ratio of 1.15 and a current ratio of 1.29. The company has a market cap of $17.77 billion, a P/E ratio of 20.70, a P/E/G ratio of 1.61 and a beta of 0.36. The stock’s 50-day moving average is $45.39 and its 200-day moving average is $37.61.

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

Yum China Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s payout ratio is currently 28.32%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and upped their price target for the stock from $30.00 to $37.40 in a research note on Tuesday, August 6th. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Finally, Citigroup raised Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Yum China has a consensus rating of “Buy” and an average price target of $51.68.

Insider Buying and Selling at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the completion of the transaction, the insider now owns 16,641 shares of the company’s stock, valued at $789,948.27. This represents a 27.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.30% of the company’s stock.

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.