Family Firm Inc. Buys New Position in Yum China Holdings, Inc. (NYSE:YUMC)

Family Firm Inc. purchased a new position in Yum China Holdings, Inc. (NYSE:YUMC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,672 shares of the company’s stock, valued at approximately $52,000.

Several other institutional investors have also added to or reduced their stakes in the business. Mather Group LLC. purchased a new position in shares of Yum China during the 1st quarter valued at about $26,000. Johnson Financial Group Inc. lifted its holdings in Yum China by 3,107.1% during the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock valued at $38,000 after purchasing an additional 870 shares in the last quarter. LRI Investments LLC purchased a new position in Yum China during the first quarter valued at approximately $36,000. Pathway Financial Advisers LLC bought a new position in shares of Yum China in the first quarter worth approximately $39,000. Finally, BOCHK Asset Management Ltd purchased a new stake in shares of Yum China in the fourth quarter worth $42,000. 85.58% of the stock is currently owned by institutional investors.

Yum China Trading Down 1.2 %

Shares of YUMC opened at $33.37 on Friday. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $58.21. The company has a 50 day simple moving average of $31.72 and a two-hundred day simple moving average of $36.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.09. The firm has a market cap of $12.83 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.40 and a beta of 0.33.

Yum China (NYSE:YUMC) last posted its earnings results on Monday, August 5th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.08. The company 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%. Yum China’s quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the company posted $0.47 earnings per share. On average, equities analysts expect that Yum China Holdings, Inc. will post 2.2 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th will be issued a dividend of $0.16 per share. The ex-dividend date is Tuesday, August 27th. This represents a $0.64 annualized dividend and a dividend yield of 1.92%. Yum China’s dividend payout ratio (DPR) is 32.16%.

Wall Street Analyst Weigh In

Separately, Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and lifted their target price for the company from $30.00 to $37.40 in a research note on Tuesday, August 6th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Yum China has an average rating of “Moderate Buy” and an average price target of $51.20.

Insider Activity

In other Yum China news, insider Warton Wang acquired 3,700 shares of the stock in a transaction on Friday, August 16th. The stock was acquired at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the transaction, the insider now directly owns 25,023 shares of the company’s stock, valued at $867,547.41. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, insider Warton Wang purchased 3,700 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was bought at an average cost of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the transaction, the insider now directly owns 25,023 shares in the company, valued at $867,547.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert Blaine Aiken, Jr. bought 3,000 shares of the stock in a transaction dated Friday, August 16th. The stock was purchased at an average price of $33.74 per share, with a total value of $101,220.00. Following the acquisition, the director now directly owns 12,088 shares in the company, valued at approximately $407,849.12. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 18,400 shares of company stock worth $619,671. 0.30% of the stock is currently owned by insiders.

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.