Yum China Holdings, Inc. (NYSE:YUMC) Shares Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lifted its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 14.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 758,657 shares of the company’s stock after buying an additional 97,360 shares during the period. Public Employees Retirement System of Ohio owned 0.20% of Yum China worth $36,545,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several equities research analysts have issued reports on YUMC shares. Daiwa America upgraded shares of Yum China to a “strong-buy” rating in a research note on Wednesday, April 9th. Wall Street Zen downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $48.70.

Yum China Price Performance

Shares of NYSE YUMC opened at $42.67 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99. The company has a market capitalization of $15.93 billion, a price-to-earnings ratio of 18.31, a PEG ratio of 1.72 and a beta of 0.27. The business has a 50-day moving average of $46.42 and a 200-day moving average of $47.23.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. The company had revenue of $2.98 billion for the quarter, compared to analyst estimates of $3.13 billion. During the same period last year, the firm posted $0.71 earnings per share. The business’s revenue was up .8% on a year-over-year basis. On average, equities analysts anticipate that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th will be paid a $0.24 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 annualized dividend and a dividend yield of 2.25%. Yum China’s dividend payout ratio (DPR) is presently 40.17%.

Insider Activity

In other 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 sale, the chief executive officer now directly owns 382,657 shares of the company’s stock, valued at approximately $19,021,879.47. The trade was a 8.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 of the company’s stock, valued at $2,634,474.25. This represents a 7.13% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.40% of the company’s stock.

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.