Quantbot Technologies LP Raises Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Quantbot Technologies LP lifted its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 262.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 212,442 shares of the company’s stock after purchasing an additional 153,887 shares during the quarter. Quantbot Technologies LP’s holdings in Yum China were worth $6,552,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Yum China in the fourth quarter valued at about $265,777,000. GUARDCAP ASSET MANAGEMENT Ltd boosted its position in Yum China by 38.4% in the 1st quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company’s stock worth $486,391,000 after purchasing an additional 3,389,987 shares in the last quarter. Dodge & Cox grew its stake in shares of Yum China by 23,769.2% during the 4th quarter. Dodge & Cox now owns 3,165,531 shares of the company’s stock worth $134,313,000 after purchasing an additional 3,152,269 shares during the period. Earnest Partners LLC purchased a new position in shares of Yum China during the 1st quarter valued at approximately $65,645,000. Finally, Lind Value II ApS acquired a new position in shares of Yum China in the 2nd quarter valued at $40,246,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Insider Activity at Yum China

In related news, insider Warton Wang acquired 3,700 shares of the stock in a transaction on Friday, August 16th. The shares were bought at an average price of $34.67 per share, with a total value of $128,279.00. Following the completion of the purchase, the insider now owns 25,023 shares of the company’s stock, valued at approximately $867,547.41. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Yum China news, insider Jeff Kuai bought 3,900 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was bought at an average price of $32.72 per share, with a total value of $127,608.00. Following the completion of the purchase, the insider now directly owns 3,900 shares in the company, valued at $127,608. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Warton Wang purchased 3,700 shares of the stock in a transaction dated Friday, August 16th. The shares were acquired at an average price of $34.67 per share, with a total value of $128,279.00. Following the completion of the acquisition, the insider now owns 25,023 shares in the company, valued at approximately $867,547.41. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 18,400 shares of company stock valued at $619,671. 0.30% of the stock is currently owned by insiders.

Yum China Price Performance

NYSE:YUMC opened at $34.90 on Monday. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average of $32.36 and a two-hundred day moving average of $35.52. The firm has a market cap of $13.42 billion, a P/E ratio of 17.54, a price-to-earnings-growth ratio of 1.41 and a beta of 0.34. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $58.21.

Yum China (NYSE:YUMC) last issued its earnings results on Monday, August 5th. The company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. The business had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 earnings per share. On average, analysts expect that Yum China Holdings, Inc. will post 2.22 earnings per share for the current fiscal year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th will be given a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, August 27th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.83%. Yum China’s dividend payout ratio (DPR) is presently 32.16%.

Analyst Ratings Changes

Separately, Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and lifted their price objective for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Yum China currently has a consensus rating of “Moderate Buy” and an average target price of $51.20.

About Yum China

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.