Atomi Financial Group Inc. Purchases 6,247 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Atomi Financial Group Inc. grew its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 85.4% in the 4th quarter, HoldingsChannel reports. The fund owned 13,564 shares of the company’s stock after buying an additional 6,247 shares during the period. Atomi Financial Group Inc.’s holdings in Yum China were worth $653,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of YUMC. Value Partners Investments Inc. boosted its position in shares of Yum China by 27.4% during the third quarter. Value Partners Investments Inc. now owns 255,950 shares of the company’s stock valued at $11,523,000 after buying an additional 55,000 shares during the last quarter. Waverton Investment Management Ltd boosted its position 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 buying an additional 3,270,560 shares during the last quarter. Janus Henderson Group PLC purchased a new position in shares of Yum China during the third quarter valued at approximately $2,177,000. GSA Capital Partners LLP boosted its position in shares of Yum China by 100.2% during the third quarter. GSA Capital Partners LLP now owns 35,760 shares of the company’s stock valued at $1,610,000 after buying an additional 17,898 shares during the last quarter. Finally, Grove Bank & Trust boosted its position in shares of Yum China by 64.3% during the third quarter. Grove Bank & Trust now owns 2,466 shares of the company’s stock valued at $111,000 after buying an additional 965 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

Yum China Stock Down 0.4 %

YUMC stock opened at $44.72 on Friday. The stock’s fifty day simple moving average is $47.02 and its two-hundred day simple moving average is $41.14. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $52.00. The stock has a market cap of $16.98 billion, a P/E ratio of 19.79, a P/E/G ratio of 1.34 and a beta of 0.35.

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, topping the consensus estimate of $0.68 by $0.09. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The business’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.59 earnings per share. Analysts expect that Yum China Holdings, Inc. will post 2.33 EPS for the current year.

Yum China Dividend Announcement

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

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 on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the sale, the insider now directly owns 16,641 shares in the company, valued at $789,948.27. The trade was a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

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

About Yum China

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.