OneDigital Investment Advisors LLC Raises Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

OneDigital Investment Advisors LLC grew its position in Yum China Holdings, Inc. (NYSE:YUMC) by 29.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,848 shares of the company’s stock after buying an additional 2,939 shares during the period. OneDigital Investment Advisors LLC’s holdings in Yum China were worth $619,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in YUMC. GeoWealth Management LLC grew its position in Yum China by 689.6% in the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company’s stock worth $25,000 after acquiring an additional 462 shares during the period. Kentucky Trust Co acquired a new position in shares of Yum China in the 4th quarter valued at $29,000. Graney & King LLC purchased a new position in shares of Yum China during the 4th quarter worth $39,000. EverSource Wealth Advisors LLC increased its position in shares of 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 purchasing an additional 324 shares during the last quarter. Finally, Atlas Capital Advisors Inc. purchased a new stake in Yum China in the 4th quarter valued at about $48,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Insider Buying and Selling at Yum China

In other Yum China news, CEO Joey Wat sold 37,252 shares of Yum China stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the completion of the sale, the chief executive officer now directly owns 382,657 shares of the company’s stock, valued at $19,021,879.47. The trade was a 8.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Leila Zhang sold 4,000 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at $2,634,474.25. This trade represents a 7.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 45,152 shares of company stock valued at $2,242,176 in the last quarter. Corporate insiders own 0.40% of the company’s stock.

Yum China Stock Down 1.9 %

Shares of YUMC opened at $45.55 on Friday. The company’s 50-day simple moving average is $48.42 and its 200-day simple moving average is $47.34. 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 Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $53.99. The stock has a market capitalization of $17.08 billion, a PE ratio of 19.55, a P/E/G ratio of 1.72 and a beta of 0.32.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. Analysts forecast 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 was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.11%. This is a boost from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, March 6th. Yum China’s payout ratio is presently 41.20%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Daiwa America upgraded shares of Yum China to a “strong-buy” rating in a research report on Wednesday, April 9th. StockNews.com downgraded shares of Yum China from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Yum China presently has an average rating of “Buy” and an average target price of $48.70.

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.