LLBH Private Wealth Management LLC Acquires Shares of 5,172 Yum China Holdings Inc (YUMC)

LLBH Private Wealth Management LLC acquired a new position in shares of Yum China Holdings Inc (NYSE:YUMC) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,172 shares of the company’s stock, valued at approximately $232,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of YUMC. BOKF NA grew its holdings in Yum China by 4.7% in the fourth quarter. BOKF NA now owns 5,972 shares of the company’s stock worth $201,000 after purchasing an additional 270 shares during the period. Boyd Watterson Asset Management LLC OH grew its holdings in Yum China by 1.0% in the first quarter. Boyd Watterson Asset Management LLC OH now owns 26,990 shares of the company’s stock worth $1,212,000 after purchasing an additional 270 shares during the period. MAI Capital Management grew its holdings in Yum China by 2.6% in the fourth quarter. MAI Capital Management now owns 11,140 shares of the company’s stock worth $374,000 after purchasing an additional 280 shares during the period. Hudock Capital Group LLC grew its holdings in Yum China by 29.2% in the fourth quarter. Hudock Capital Group LLC now owns 1,323 shares of the company’s stock worth $44,000 after purchasing an additional 299 shares during the period. Finally, FTB Advisors Inc. grew its holdings in Yum China by 23.5% in the fourth quarter. FTB Advisors Inc. now owns 1,625 shares of the company’s stock worth $54,000 after purchasing an additional 309 shares during the period. Institutional investors own 78.20% of the company’s stock.

A number of research firms have commented on YUMC. UBS Group raised their price target on shares of Yum China from $46.07 to $56.06 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Bank of America upgraded shares of Yum China from a “neutral” rating to a “buy” rating and set a $47.20 price target for the company in a report on Tuesday, April 30th. Zacks Investment Research cut shares of Yum China from a “buy” rating to a “hold” rating in a report on Thursday, April 4th. Goldman Sachs Group upgraded shares of Yum China from a “neutral” rating to a “buy” rating and raised their price target for the stock from $43.00 to $54.00 in a report on Wednesday, April 17th. Finally, OTR Global upgraded shares of Yum China to a “positive” rating in a report on Thursday, April 11th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $47.88.

In other news, CFO Jacky Wei-Jye Lo sold 1,995 shares of Yum China stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $43.50, for a total transaction of $86,782.50. Following the completion of the transaction, the chief financial officer now directly owns 5,996 shares in the company, valued at $260,826. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shella Ng sold 17,341 shares of Yum China stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of $44.30, for a total transaction of $768,206.30. Following the transaction, the insider now owns 50,365 shares of the company’s stock, valued at $2,231,169.50. The disclosure for this sale can be found here. Insiders have sold 36,428 shares of company stock valued at $1,590,043 over the last quarter. Corporate insiders own 0.44% of the company’s stock.

Shares of NYSE YUMC opened at $41.43 on Monday. The stock has a market cap of $15.67 billion, a PE ratio of 27.08, a price-to-earnings-growth ratio of 2.53 and a beta of 0.81. Yum China Holdings Inc has a 1 year low of $30.10 and a 1 year high of $48.27. The company has a quick ratio of 1.31, a current ratio of 1.30 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Monday, April 29th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.07. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.27 billion. Yum China had a net margin of 7.55% and a return on equity of 20.36%. The business’s revenue was up 3.7% on a year-over-year basis. During the same period last year, the company earned $0.53 earnings per share. As a group, research analysts anticipate that Yum China Holdings Inc will post 1.68 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Tuesday, May 28th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Friday, May 24th. Yum China’s dividend payout ratio is currently 31.37%.

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About Yum China

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.

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

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