Yum China Holdings Inc (NYSE:YUMC) Stock Position Raised by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management raised its position in shares of Yum China Holdings Inc (NYSE:YUMC) by 53.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,476 shares of the company’s stock after purchasing an additional 4,328 shares during the period. Hanson & Doremus Investment Management’s holdings in Yum China were worth $599,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Yum China by 14.3% during the second quarter. Vanguard Group Inc. now owns 2,289,159 shares of the company’s stock worth $105,759,000 after buying an additional 285,884 shares during the last quarter. Sunbelt Securities Inc. acquired a new stake in Yum China during the third quarter worth about $648,000. California State Teachers Retirement System grew its position in Yum China by 1.1% during the third quarter. California State Teachers Retirement System now owns 590,329 shares of the company’s stock worth $26,819,000 after buying an additional 6,424 shares in the last quarter. Sterling Capital Management LLC grew its position in Yum China by 296.9% during the second quarter. Sterling Capital Management LLC now owns 122,522 shares of the company’s stock worth $5,661,000 after buying an additional 91,649 shares in the last quarter. Finally, Altavista Wealth Management Inc. acquired a new stake in Yum China during the third quarter worth about $272,000. 81.52% of the stock is owned by institutional investors.

In related news, insider Angela Ai sold 15,683 shares of Yum China stock in a transaction on Friday, December 6th. The stock was sold at an average price of $45.00, for a total transaction of $705,735.00. Following the completion of the sale, the insider now directly owns 34,737 shares of the company’s stock, valued at $1,563,165. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Aiken Yuen sold 2,081 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $44.03, for a total value of $91,626.43. Following the sale, the insider now directly owns 2,690 shares of the company’s stock, valued at $118,440.70. The disclosure for this sale can be found here. 0.44% of the stock is currently owned by company insiders.

A number of equities research analysts recently weighed in on YUMC shares. Jefferies Financial Group started coverage on Yum China in a research report on Monday, October 28th. They set a “buy” rating and a $54.60 target price on the stock. ValuEngine downgraded Yum China from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating and seven have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $51.64.

Shares of NYSE:YUMC traded up $0.54 during trading on Thursday, reaching $49.36. The stock had a trading volume of 29,351 shares, compared to its average volume of 1,324,012. The stock has a market capitalization of $18.22 billion, a PE ratio of 32.26, a P/E/G ratio of 2.90 and a beta of 1.13. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.37 and a quick ratio of 1.18. Yum China Holdings Inc has a 52 week low of $33.82 and a 52 week high of $50.74. The business’s 50-day moving average price is $47.15 and its 200 day moving average price is $44.90.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.58 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.04. The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.37 billion. Yum China had a return on equity of 21.63% and a net margin of 8.05%. Yum China’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.51 EPS. Analysts forecast that Yum China Holdings Inc will post 1.73 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.97%. The ex-dividend date was Monday, November 25th. Yum China’s dividend payout ratio (DPR) is presently 31.37%.

Yum China Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, Little Sheep, and COFFii & JOY brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, and coffee categories.

Further Reading: Dividend

Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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