McElhenny Sheffield Capital Management LLC Takes $130,000 Position in Yum China Holdings, Inc. (NYSE:YUMC)

McElhenny Sheffield Capital Management LLC acquired a new position in shares of Yum China Holdings, Inc. (NYSE:YUMCGet Rating) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,379 shares of the company’s stock, valued at approximately $130,000.

A number of other hedge funds also recently made changes to their positions in YUMC. E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of Yum China by 140.0% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 250,975 shares of the company’s stock worth $10,187,000 after acquiring an additional 146,410 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Yum China by 2.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 21,843 shares of the company’s stock worth $907,000 after acquiring an additional 528 shares during the last quarter. Cetera Advisor Networks LLC lifted its stake in Yum China by 7.5% in the first quarter. Cetera Advisor Networks LLC now owns 12,533 shares of the company’s stock worth $521,000 after purchasing an additional 871 shares during the last quarter. MetLife Investment Management LLC bought a new stake in Yum China in the first quarter worth $418,000. Finally, Rhumbline Advisers lifted its stake in Yum China by 5.3% in the first quarter. Rhumbline Advisers now owns 407,659 shares of the company’s stock worth $16,934,000 after purchasing an additional 20,676 shares during the last quarter. 78.89% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. StockNews.com downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research note on Friday, March 10th. Jefferies Financial Group downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research note on Wednesday, February 1st. Finally, TheStreet downgraded shares of Yum China from a “b” rating to a “c+” rating in a research note on Tuesday, February 7th.

Yum China Price Performance

YUMC stock opened at $60.72 on Friday. The firm’s 50-day moving average price is $60.20 and its two-hundred day moving average price is $54.04. Yum China Holdings, Inc. has a 12-month low of $36.05 and a 12-month high of $63.06. The stock has a market capitalization of $25.41 billion, a price-to-earnings ratio of 57.83, a PEG ratio of 1.74 and a beta of 0.53. The company has a current ratio of 1.82, a quick ratio of 1.63 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMCGet Rating) last released its quarterly earnings data on Tuesday, February 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). Yum China had a net margin of 4.62% and a return on equity of 6.09%. The firm had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.31 billion. During the same quarter in the previous year, the firm posted $0.03 EPS. Yum China’s revenue was down 8.9% compared to the same quarter last year. As a group, equities analysts predict that Yum China Holdings, Inc. will post 1.79 earnings per share for the current year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 28th. Investors of record on Tuesday, March 7th will be given a dividend of $0.13 per share. The ex-dividend date is Monday, March 6th. This represents a $0.52 annualized dividend and a dividend yield of 0.86%. This is a boost from Yum China’s previous quarterly dividend of $0.12. Yum China’s payout ratio is currently 49.52%.

Insider Activity at Yum China

In related news, CEO Joey Wat sold 12,018 shares of the business’s stock in a transaction dated Wednesday, February 22nd. The shares were sold at an average price of $62.02, for a total transaction of $745,356.36. Following the transaction, the chief executive officer now owns 261,905 shares in the company, valued at $16,243,348.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, insider Johnson Huang sold 10,707 shares of the business’s stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $62.00, for a total transaction of $663,834.00. Following the transaction, the insider now owns 53,268 shares in the company, valued at $3,302,616. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Joey Wat sold 12,018 shares of the business’s stock in a transaction dated Wednesday, February 22nd. The shares were sold at an average price of $62.02, for a total transaction of $745,356.36. Following the transaction, the chief executive officer now owns 261,905 shares in the company, valued at approximately $16,243,348.10. The disclosure for this sale can be found here. 0.26% of the stock is owned by corporate insiders.

Yum China Company Profile

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Yum China Holdings, Inc engages in the operation and management of restaurants and fast food chains. It operates through the following segments: Kentucky Fried Chicken (KFC), Pizza Hut, and All Other Segments. The KFC segment operates restaurant chain. The Pizza Hut segment covers the Pizza Hut casual dining and Pizza Hut home service.

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

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