Maridea Wealth Management LLC acquired a new position in Yum China Holdings, Inc. (NYSE:YUMC – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,146 shares of the company’s stock, valued at approximately $392,000.
Several other hedge funds and other institutional investors also recently modified their holdings of YUMC. Atria Investments Inc grew its position in shares of Yum China by 1.2% in the 4th quarter. Atria Investments Inc now owns 23,074 shares of the company’s stock worth $1,111,000 after buying an additional 273 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in Yum China by 4.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company’s stock worth $298,000 after purchasing an additional 276 shares during the period. D.A. Davidson & CO. increased its stake in shares of Yum China by 1.3% during the third quarter. D.A. Davidson & CO. now owns 23,692 shares of the company’s stock valued at $1,067,000 after purchasing an additional 304 shares in the last quarter. Hanson & Doremus Investment Management lifted its holdings in shares of Yum China by 0.5% during the fourth quarter. Hanson & Doremus Investment Management now owns 57,104 shares of the company’s stock valued at $2,751,000 after purchasing an additional 307 shares during the last quarter. Finally, First Citizens Bank & Trust Co. grew its stake in shares of Yum China by 2.2% in the 4th quarter. First Citizens Bank & Trust Co. now owns 14,054 shares of the company’s stock worth $677,000 after buying an additional 309 shares during the last quarter. Hedge funds and other institutional investors own 85.58% of the company’s stock.
Insider Buying and Selling at Yum China
In related news, insider Jeff Kuai sold 3,900 shares of the company’s stock in a transaction 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 owns 56,602 shares in the company, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Leila Zhang sold 4,000 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $50.59, for a total value of $202,360.00. Following the completion of the transaction, the chief technology officer now directly owns 52,075 shares in the company, valued at approximately $2,634,474.25. This represents a 7.13 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 45,152 shares of company stock worth $2,242,176. Company insiders own 0.30% of the company’s stock.
Yum China Trading Down 2.4 %
Yum China (NYSE:YUMC – Get Free Report) last posted its earnings results 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%. On average, equities research analysts forecast that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.
Yum China Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were given a $0.24 dividend. This is a positive change from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date was Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 1.85%. Yum China’s payout ratio is 41.20%.
Wall Street Analyst Weigh In
Separately, StockNews.com cut Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.
View Our Latest Stock Report on YUMC
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.
Read More
- Five stocks we like better than Yum China
- How to Use the MarketBeat Excel Dividend Calculator
- MarketBeat Week in Review – 03/24 – 03/28
- 3 Healthcare Dividend Stocks to Buy
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
- Growth Stocks: What They Are, Examples and How to Invest
- 4 Healthcare Stocks With Massive Gains—and More to Come
Want to see what other hedge funds are holding YUMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yum China Holdings, Inc. (NYSE:YUMC – Free Report).
Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.