Mindset Wealth Management LLC Acquires Shares of 19,300 Yum China Holdings, Inc. (NYSE:YUMC)

Mindset Wealth Management LLC purchased a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 19,300 shares of the company’s stock, valued at approximately $930,000. Yum China makes up approximately 0.3% of Mindset Wealth Management LLC’s holdings, making the stock its 22nd biggest holding.

A number of other hedge funds have also made changes to their positions in the stock. Kentucky Trust Co acquired a new position in Yum China during the fourth quarter worth about $29,000. EverSource Wealth Advisors LLC boosted its position in Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock worth $42,000 after acquiring an additional 324 shares during the period. Signaturefd LLC boosted its position in Yum China by 32.7% during the 4th quarter. Signaturefd LLC now owns 1,825 shares of the company’s stock worth $88,000 after acquiring an additional 450 shares during the period. Prospera Private Wealth LLC acquired a new stake in shares of Yum China during the 3rd quarter valued at about $110,000. Finally, Independence Bank of Kentucky lifted its holdings in shares of Yum China by 1,374.5% during the 4th quarter. Independence Bank of Kentucky now owns 2,949 shares of the company’s stock valued at $142,000 after buying an additional 2,749 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Stock Performance

Shares of NYSE YUMC opened at $52.59 on Friday. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $53.99. The stock has a market capitalization of $19.78 billion, a PE ratio of 22.57, a price-to-earnings-growth ratio of 1.72 and a beta of 0.35. The stock has a 50 day moving average price of $47.65 and a 200 day moving average price of $45.79. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. Analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, March 6th. This is an increase from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 annualized dividend and a yield of 1.83%. Yum China’s payout ratio is presently 41.20%.

Insiders Place Their Bets

In other Yum China news, insider Jeff Kuai sold 3,900 shares of the business’s stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of $48.21, for a total transaction of $188,019.00. Following the completion of the sale, the insider now directly owns 56,602 shares of the company’s stock, valued at approximately $2,728,782.42. The trade was a 6.45 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Joey Wat sold 37,252 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total value of $1,851,796.92. Following the completion of the transaction, the chief executive officer now owns 382,657 shares in the company, valued at $19,021,879.47. The trade was a 8.87 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 45,152 shares of company stock valued at $2,242,176. 0.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Yum China from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th.

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.