Zeke Capital Advisors LLC Grows Stock Position in Yum China Holdings Inc (NYSE:YUMC)

Zeke Capital Advisors LLC lifted its stake in Yum China Holdings Inc (NYSE:YUMC) by 1.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 185,763 shares of the company’s stock after purchasing an additional 2,075 shares during the period. Yum China comprises about 0.8% of Zeke Capital Advisors LLC’s holdings, making the stock its 22nd largest holding. Zeke Capital Advisors LLC’s holdings in Yum China were worth $8,582,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Paragon Capital Management LLC purchased a new stake in Yum China during the 1st quarter worth about $26,000. Baldwin Brothers Inc. MA purchased a new stake in Yum China during the 1st quarter worth about $28,000. Westside Investment Management Inc. purchased a new stake in Yum China during the 2nd quarter worth about $34,000. Krane Funds Advisors LLC lifted its holdings in Yum China by 151.9% during the 1st quarter. Krane Funds Advisors LLC now owns 796 shares of the company’s stock worth $36,000 after buying an additional 480 shares during the last quarter. Finally, Hanson & Doremus Investment Management purchased a new stake in Yum China during the 2nd quarter worth about $42,000. Hedge funds and other institutional investors own 79.96% of the company’s stock.

Shares of YUMC traded up $0.47 during midday trading on Friday, reaching $45.17. 1,877,271 shares of the stock were exchanged, compared to its average volume of 2,159,230. The firm has a 50-day simple moving average of $44.51. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.30 and a quick ratio of 1.13. Yum China Holdings Inc has a twelve month low of $30.10 and a twelve month high of $48.27. The stock has a market cap of $16.91 billion, a P/E ratio of 29.52, a price-to-earnings-growth ratio of 2.79 and a beta of 1.15.

Yum China (NYSE:YUMC) last posted its earnings results on Tuesday, July 30th. The company reported $0.46 EPS for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.09. Yum China had a return on equity of 21.10% and a net margin of 7.91%. The business had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter in the previous year, the firm earned $0.36 earnings per share. The business’s revenue was up 2.7% compared to the same quarter last year. As a group, equities research analysts expect that Yum China Holdings Inc will post 1.7 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Monday, August 26th. Yum China’s dividend payout ratio (DPR) is currently 31.37%.

In other news, insider Alice H. Wang sold 1,697 shares of Yum China stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $46.09, for a total transaction of $78,214.73. Following the sale, the insider now owns 10,120 shares in the company, valued at $466,430.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Muktesh Pant sold 88,184 shares of Yum China stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $45.76, for a total value of $4,035,299.84. Following the sale, the director now owns 403,163 shares in the company, valued at approximately $18,448,738.88. The disclosure for this sale can be found here. 0.44% of the stock is currently owned by insiders.

A number of analysts have issued reports on YUMC shares. OTR Global raised Yum China to a “positive” rating in a report on Thursday, April 11th. UBS Group lifted their price target on Yum China from $46.07 to $56.06 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Goldman Sachs Group raised Yum China from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $43.00 to $54.00 in a report on Wednesday, April 17th. Zacks Investment Research downgraded Yum China from a “strong-buy” rating to a “hold” rating and set a $53.00 price target for the company. in a report on Friday, July 5th. Finally, Bank of America raised 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. Two 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 an average rating of “Buy” and a consensus price target of $48.54.

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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