Studio Investment Management LLC Buys 506 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Studio Investment Management LLC increased its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 28.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,274 shares of the company’s stock after buying an additional 506 shares during the quarter. Studio Investment Management LLC’s holdings in Yum China were worth $70,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Headlands Technologies LLC purchased a new stake in Yum China in the 2nd quarter worth about $605,000. Van Berkom & Associates Inc. raised its holdings in shares of Yum China by 10.5% in the second quarter. Van Berkom & Associates Inc. now owns 26,750 shares of the company’s stock worth $827,000 after buying an additional 2,550 shares during the period. Prudential PLC lifted its stake in shares of Yum China by 24.0% during the 2nd quarter. Prudential PLC now owns 166,446 shares of the company’s stock worth $5,133,000 after acquiring an additional 32,200 shares during the last quarter. Quest Partners LLC boosted its holdings in Yum China by 212.1% during the 2nd quarter. Quest Partners LLC now owns 14,533 shares of the company’s stock valued at $448,000 after acquiring an additional 9,877 shares during the period. Finally, Waverton Investment Management Ltd boosted its holdings in Yum China by 19.9% during the 2nd quarter. Waverton Investment Management Ltd now owns 932,527 shares of the company’s stock valued at $28,764,000 after acquiring an additional 154,485 shares during the period. 85.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and lifted their target price for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Yum China presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.20.

Yum China Trading Up 0.1 %

Shares of NYSE YUMC opened at $34.04 on Thursday. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $58.21. The firm has a market cap of $13.08 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 1.39 and a beta of 0.34. The business has a fifty day simple moving average of $32.17 and a two-hundred day simple moving average of $35.70. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Monday, August 5th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.08. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the previous year, the company posted $0.47 earnings per share. The firm’s quarterly revenue was up .9% on a year-over-year basis. Analysts expect that Yum China Holdings, Inc. will post 2.22 earnings per share for the current fiscal year.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, August 27th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.88%. Yum China’s dividend payout ratio is presently 32.16%.

Insider Activity at Yum China

In related news, CEO Joey Wat bought 3,800 shares of the stock in a transaction on Wednesday, August 14th. The stock was bought at an average price of $33.98 per share, for a total transaction of $129,124.00. Following the completion of the acquisition, the chief executive officer now directly owns 272,944 shares in the company, valued at $9,274,637.12. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Joey Wat bought 3,800 shares of Yum China stock in a transaction on Wednesday, August 14th. The stock was acquired at an average cost of $33.98 per share, for a total transaction of $129,124.00. Following the completion of the acquisition, the chief executive officer now owns 272,944 shares of the company’s stock, valued at approximately $9,274,637.12. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jeff Kuai purchased 3,900 shares of the stock in a transaction dated Tuesday, August 13th. The stock was purchased at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the completion of the acquisition, the insider now directly owns 3,900 shares in the company, valued at approximately $127,608. The disclosure for this purchase can be found here. Insiders have acquired a total of 18,400 shares of company stock valued at $619,671 over the last ninety days. 0.30% of the stock is owned by company insiders.

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.