one8zero8 LLC Buys New Shares in Yum China Holdings, Inc. (NYSE:YUMC)

one8zero8 LLC purchased a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) during the 4th quarter, HoldingsChannel reports. The firm purchased 9,297 shares of the company’s stock, valued at approximately $448,000.

A number of other hedge funds also recently bought and sold shares of the stock. FMR LLC lifted its position in shares of Yum China by 4,176.5% during the 3rd quarter. FMR LLC now owns 3,588,977 shares of the company’s stock worth $161,576,000 after purchasing an additional 3,505,053 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Yum China by 399.0% in the fourth quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company’s stock valued at $179,556,000 after buying an additional 2,980,589 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Yum China by 49.6% during the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock worth $356,206,000 after buying an additional 2,609,494 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Yum China during the 4th quarter worth about $68,638,000. Finally, Temasek Holdings Private Ltd increased its holdings in shares of Yum China by 61.4% in the 3rd quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company’s stock valued at $132,492,000 after acquiring an additional 1,120,054 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Wall Street Analyst Weigh In

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

Yum China Price Performance

Shares of NYSE:YUMC opened at $51.53 on Monday. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The firm has a market capitalization of $19.38 billion, a P/E ratio of 22.11, a P/E/G ratio of 1.72 and a beta of 0.35. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The company’s fifty day moving average price is $46.92 and its 200 day moving average price is $45.41.

Yum China (NYSE:YUMC) last posted its earnings results on Thursday, February 6th. The company reported $0.30 earnings per share 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, 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders 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 is a positive change from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.86%. Yum China’s dividend payout ratio (DPR) is 41.20%.

Insider Activity

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 stock was sold at an average price of $50.59, for a total value of $202,360.00. Following the transaction, the chief technology officer now directly owns 52,075 shares in the company, valued at approximately $2,634,474.25. This trade represents a 7.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 value of $188,019.00. Following the sale, the insider now owns 56,602 shares of the company’s stock, valued at $2,728,782.42. This trade 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 valued at $2,242,176 in the last ninety days. 0.30% of the stock is currently owned by company insiders.

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.