Procyon Advisors LLC Increases Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Procyon Advisors LLC boosted its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 3.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,544 shares of the company’s stock after purchasing an additional 538 shares during the quarter. Procyon Advisors LLC’s holdings in Yum China were worth $701,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC increased its stake in shares of Yum China by 4,176.5% during the third quarter. FMR LLC now owns 3,588,977 shares of the company’s stock valued at $161,576,000 after buying an additional 3,505,053 shares during the period. Waverton Investment Management Ltd raised its holdings in shares of Yum China by 350.7% in the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock valued at $189,202,000 after purchasing an additional 3,270,560 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Yum China by 49.6% in the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock worth $356,206,000 after purchasing an additional 2,609,494 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of Yum China by 171.7% during 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 in the last quarter. Finally, Temasek Holdings Private Ltd increased its holdings in Yum China by 61.4% during the third quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company’s stock valued at $132,492,000 after buying an additional 1,120,054 shares during the period. 85.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Citigroup raised Yum China to a “strong-buy” rating in a research report on Monday, September 30th. StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research report on Saturday, December 21st. Finally, JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $49.57.

Insider Buying and Selling at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the sale, the insider now owns 16,641 shares in the company, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.30% of the stock is currently owned by company insiders.

Yum China Stock Performance

Shares of YUMC stock opened at $44.64 on Friday. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00. The business’s fifty day simple moving average is $47.21 and its 200-day simple moving average is $40.86. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The company has a market cap of $16.95 billion, a PE ratio of 19.75, a PEG ratio of 1.26 and a beta of 0.35.

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

Yum China Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend was Tuesday, November 26th. Yum China’s dividend payout ratio (DPR) is presently 28.32%.

Yum China 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.