Yum China Holdings Inc (YUMC) Holdings Boosted by Greenleaf Trust

Greenleaf Trust raised its stake in shares of Yum China Holdings Inc (NYSE:YUMC) by 13.8% during the 1st quarter, HoldingsChannel reports. The fund owned 10,243 shares of the company’s stock after acquiring an additional 1,241 shares during the period. Greenleaf Trust’s holdings in Yum China were worth $460,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Lavaca Capital LLC acquired a new position in Yum China in the 4th quarter valued at $25,000. BB&T Corp grew its stake in Yum China by 5.7% in the 4th quarter. BB&T Corp now owns 79,462 shares of the company’s stock valued at $2,665,000 after buying an additional 4,280 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in Yum China in the 4th quarter valued at $2,172,000. Leavell Investment Management Inc. acquired a new position in Yum China in the 4th quarter valued at $335,000. Finally, We Are One Seven LLC acquired a new position in Yum China in the 4th quarter valued at $79,000. Institutional investors and hedge funds own 81.72% of the company’s stock.

A number of research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Thursday, April 4th. UBS Group increased their price target on shares of Yum China from $46.07 to $56.06 and gave the company a “buy” rating in a report on Wednesday, May 1st. TheStreet raised shares of Yum China from a “c+” rating to a “b” rating in a report on Thursday, January 24th. OTR Global raised shares of Yum China to a “positive” rating in a report on Thursday, April 11th. Finally, Bank of America raised 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. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Yum China presently has a consensus rating of “Buy” and a consensus target price of $47.88.

In other Yum China news, insider Angela Ai sold 7,368 shares of the stock in a transaction on Wednesday, February 27th. The shares were sold at an average price of $42.00, for a total value of $309,456.00. Following the completion of the sale, the insider now directly owns 16,382 shares of the company’s stock, valued at approximately $688,044. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Alice H. Wang sold 1,697 shares of the stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $46.09, for a total transaction of $78,214.73. Following the completion of the sale, the insider now directly owns 10,120 shares of the company’s stock, valued at $466,430.80. The disclosure for this sale can be found here. Over the last three months, insiders sold 32,190 shares of company stock valued at $1,412,132. Insiders own 0.44% of the company’s stock.

Shares of Yum China stock opened at $39.43 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.30 and a debt-to-equity ratio of 0.01. Yum China Holdings Inc has a fifty-two week low of $30.10 and a fifty-two week high of $48.27. The firm has a market capitalization of $15.61 billion, a price-to-earnings ratio of 25.77, a P/E/G ratio of 2.52 and a beta of 0.81.

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

The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Tuesday, May 28th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Friday, May 24th. Yum China’s dividend payout ratio (DPR) is presently 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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