Quantinno Capital Management LP Purchases New Stake in Yum China Holdings, Inc. (NYSE:YUMC)

Quantinno Capital Management LP acquired a new position in Yum China Holdings, Inc. (NYSE:YUMC) during the 3rd quarter, HoldingsChannel reports. The fund acquired 10,035 shares of the company’s stock, valued at approximately $452,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its stake in shares of Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after purchasing an additional 258 shares during the last quarter. Blair William & Co. IL increased its position in Yum China by 1.2% in the second quarter. Blair William & Co. IL now owns 25,639 shares of the company’s stock worth $791,000 after buying an additional 302 shares during the last quarter. D.A. Davidson & CO. raised its stake in shares of Yum China by 1.3% in the third quarter. D.A. Davidson & CO. now owns 23,692 shares of the company’s stock valued at $1,067,000 after buying an additional 304 shares during the period. Advisors Asset Management Inc. lifted its position in shares of Yum China by 2.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 12,659 shares of the company’s stock valued at $570,000 after buying an additional 323 shares during the last quarter. Finally, Carmichael Hill & Associates Inc. grew its stake in shares of Yum China by 12.1% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company’s stock worth $103,000 after acquiring an additional 360 shares during the period. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Yum China Stock Down 0.8 %

Shares of NYSE:YUMC opened at $49.56 on Friday. The firm has a fifty day moving average price of $46.89 and a two-hundred day moving average price of $38.57. The company has a market cap of $18.82 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 1.76 and a beta of 0.36. 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 one year low of $28.50 and a one year high of $52.00.

Yum China (NYSE:YUMC) last posted its earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The business had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the previous year, the business earned $0.59 earnings per share. The firm’s revenue was up 5.4% on a year-over-year basis. Analysts anticipate that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Tuesday, November 26th. Yum China’s dividend payout ratio is currently 28.32%.

Analyst Upgrades and Downgrades

YUMC has been the subject of a number of research reports. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. Citigroup raised Yum China to a “strong-buy” rating in a report on Monday, September 30th. Finally, StockNews.com lowered Yum China from a “buy” rating to a “hold” rating in a research note on Friday. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Yum China has an average rating of “Buy” and an average price target of $51.68.

Insider Buying and Selling at Yum China

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the 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 transaction, the insider now owns 16,641 shares of the company’s stock, valued at $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.30% of the stock is currently 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.