Yum China Holdings, Inc. (NYSE:YUMC) Stock Holdings Lifted by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company lifted its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 36.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,518,003 shares of the company’s stock after buying an additional 408,077 shares during the period. The Manufacturers Life Insurance Company owned 0.40% of Yum China worth $71,359,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Waverton Investment Management Ltd boosted its holdings in shares of Yum China by 350.7% during the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock valued at $189,202,000 after acquiring an additional 3,270,560 shares during the period. Principal Financial Group Inc. boosted its stake in Yum China by 49.6% during the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock valued at $356,206,000 after purchasing an additional 2,609,494 shares during the period. Mondrian Investment Partners LTD grew its position in Yum China by 56.3% in the 2nd quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company’s stock worth $133,203,000 after purchasing an additional 1,582,859 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Yum China by 171.7% in the second quarter. Thrivent Financial for Lutherans now owns 2,069,134 shares of the company’s stock valued at $63,812,000 after purchasing an additional 1,307,574 shares during the period. Finally, Lind Value II ApS bought a new stake in shares of Yum China during the second quarter valued at approximately $40,246,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Insider Buying and Selling at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $47.47, for a total transaction of $302,716.19. Following the completion of the sale, the insider now directly owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.30% of the stock is owned by corporate insiders.

Yum China Trading Up 2.9 %

Shares of Yum China stock opened at $46.78 on Thursday. The business has a fifty day simple moving average of $45.39 and a 200-day simple moving average of $37.61. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00. The firm has a market cap of $17.77 billion, a price-to-earnings ratio of 20.70, a price-to-earnings-growth ratio of 1.61 and a beta of 0.36. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.09. The company had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 EPS. On average, equities analysts forecast that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Yum China Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be given a $0.16 dividend. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 annualized dividend and a yield of 1.37%. Yum China’s dividend payout ratio (DPR) is 28.32%.

Analyst Ratings Changes

YUMC has been the subject of a number of recent analyst reports. Citigroup raised Yum China to a “strong-buy” rating in a report on Monday, September 30th. StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. Finally, Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and raised their target price for the company from $30.00 to $37.40 in a research note on Tuesday, August 6th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $51.68.

Yum China Company Profile

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.