Atria Investments Inc Has $1.11 Million Position in Yum China Holdings, Inc. (NYSE:YUMC)

Atria Investments Inc boosted its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,074 shares of the company’s stock after buying an additional 273 shares during the quarter. Atria Investments Inc’s holdings in Yum China were worth $1,111,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kentucky Trust Co acquired a new position in Yum China during the 4th quarter worth about $29,000. Farther Finance Advisors LLC lifted its stake in shares of Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after purchasing an additional 258 shares during the period. Prospera Private Wealth LLC acquired a new position in shares of Yum China in the 3rd quarter valued at about $110,000. Independence Bank of Kentucky lifted its stake in shares of Yum China by 1,374.5% in the 4th quarter. Independence Bank of Kentucky now owns 2,949 shares of the company’s stock valued at $142,000 after purchasing an additional 2,749 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Yum China in the 3rd quarter valued at about $139,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Yum China Stock Up 0.4 %

Shares of NYSE:YUMC opened at $49.31 on Thursday. The company has a market capitalization of $18.54 billion, a price-to-earnings ratio of 21.16, a P/E/G ratio of 1.72 and a beta of 0.35. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The business’s 50-day moving average is $46.74 and its 200-day moving average is $45.09. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $52.00.

Yum China (NYSE:YUMC) last issued 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 net margin of 8.06% and a return on equity of 13.83%. Equities research analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.95%. This is a positive change from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date is Thursday, March 6th. Yum China’s payout ratio is presently 41.20%.

Insider Activity at Yum China

In other Yum China news, CEO Joey Wat sold 37,252 shares of the business’s stock in a transaction that occurred on 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 approximately $19,021,879.47. The trade was a 8.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeff Kuai sold 3,900 shares of the business’s stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, the insider now directly owns 56,602 shares of the company’s stock, valued at $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by corporate 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.