3,310 Shares in Yum China Holdings, Inc. (NYSE:YUMC) Bought by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC bought a new position in Yum China Holdings, Inc. (NYSE:YUMC) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 3,310 shares of the company’s stock, valued at approximately $159,000.

A number of other large investors also recently added to or reduced their stakes in YUMC. Kentucky Trust Co purchased a new position in Yum China in the 4th quarter worth $29,000. EverSource Wealth Advisors LLC increased its position in shares of Yum China by 58.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock valued at $42,000 after acquiring an additional 324 shares during the period. Signaturefd LLC increased its position in shares of Yum China by 32.7% in the fourth quarter. Signaturefd LLC now owns 1,825 shares of the company’s stock valued at $88,000 after acquiring an additional 450 shares during the period. Prospera Private Wealth LLC purchased a new position in shares of Yum China in the third quarter valued at about $110,000. Finally, Independence Bank of Kentucky increased its position in shares of Yum China by 1,374.5% in the fourth quarter. Independence Bank of Kentucky now owns 2,949 shares of the company’s stock valued at $142,000 after acquiring an additional 2,749 shares during the period. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Yum China from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th.

Insider Activity at Yum China

In other news, CEO Joey Wat sold 37,252 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total value of $1,851,796.92. Following the transaction, the chief executive officer now owns 382,657 shares in the company, valued at approximately $19,021,879.47. This represents a 8.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jeff Kuai sold 3,900 shares of the company’s stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of $48.21, for a total transaction of $188,019.00. Following the completion of the transaction, the insider now owns 56,602 shares in the company, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 45,152 shares of company stock worth $2,242,176 over the last 90 days. 0.30% of the stock is owned by company insiders.

Yum China Price Performance

YUMC stock opened at $53.36 on Tuesday. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $54.00. 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 firm’s 50-day moving average price is $47.09 and its two-hundred day moving average price is $45.55. The stock has a market capitalization of $20.07 billion, a price-to-earnings ratio of 22.90, a PEG ratio of 1.72 and a beta of 0.35.

Yum China (NYSE:YUMC) last announced 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%. As a group, equities analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 1.80%. This is a boost from Yum China’s previous quarterly dividend of $0.16. Yum China’s payout ratio is currently 41.20%.

About Yum China

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.