JB Capital LLC Increases Stake in Yum China Holdings, Inc. (NYSE:YUMC)

JB Capital LLC boosted its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 3.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,432 shares of the company’s stock after purchasing an additional 2,321 shares during the quarter. JB Capital LLC’s holdings in Yum China were worth $2,946,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Private Advisor Group LLC increased its holdings in shares of Yum China by 27.8% during the 1st quarter. Private Advisor Group LLC now owns 13,815 shares of the company’s stock worth $550,000 after buying an additional 3,009 shares during the last quarter. Daiwa Securities Group Inc. purchased a new position in shares of Yum China in the 1st quarter worth about $209,000. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Yum China by 91.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 17,548 shares of the company’s stock valued at $698,000 after purchasing an additional 8,394 shares in the last quarter. AIA Group Ltd grew its holdings in shares of Yum China by 108.9% during the 1st quarter. AIA Group Ltd now owns 28,122 shares of the company’s stock worth $1,119,000 after purchasing an additional 14,663 shares during the period. Finally, SG Americas Securities LLC increased its position in Yum China by 31.3% during the 1st quarter. SG Americas Securities LLC now owns 160,365 shares of the company’s stock worth $6,381,000 after purchasing an additional 38,228 shares in the last quarter. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Yum China Stock Up 4.0 %

Shares of NYSE YUMC traded up $1.98 during midday trading on Thursday, reaching $51.81. 801,580 shares of the company’s stock were exchanged, compared to its average volume of 3,245,798. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.23. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $51.99. The business’s fifty day moving average price is $41.55 and its two-hundred day moving average price is $36.65. The stock has a market capitalization of $19.92 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 1.79 and a beta of 0.36.

Yum China (NYSE:YUMC) last announced 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 company had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same period in the prior year, the company posted $0.59 EPS. Yum China’s quarterly revenue was up 5.4% on a year-over-year basis. Analysts forecast that Yum China Holdings, Inc. will post 2.23 EPS for the current year.

Yum China Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.24%. The ex-dividend date is Tuesday, November 26th. Yum China’s dividend payout ratio is currently 28.32%.

Insider Transactions at Yum China

In other news, Director Robert Blaine Aiken, Jr. purchased 3,000 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average cost of $33.74 per share, for a total transaction of $101,220.00. Following the completion of the purchase, the director now owns 12,088 shares of the company’s stock, valued at approximately $407,849.12. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Yum China news, insider Warton Wang bought 3,700 shares of the company’s stock in a transaction on Friday, August 16th. The shares were bought at an average cost of $34.67 per share, with a total value of $128,279.00. Following the completion of the acquisition, the insider now owns 25,023 shares of the company’s stock, valued at approximately $867,547.41. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert Blaine Aiken, Jr. purchased 3,000 shares of the firm’s stock in a transaction dated Friday, August 16th. The stock was acquired at an average cost of $33.74 per share, with a total value of $101,220.00. Following the completion of the acquisition, the director now directly owns 12,088 shares in the company, valued at approximately $407,849.12. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 18,400 shares of company stock valued at $619,671. Insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

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

Yum China 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.