SVB Wealth LLC Purchases Shares of 13,940 Yum China Holdings, Inc. (NYSE:YUMC)

SVB Wealth LLC acquired a new position in Yum China Holdings, Inc. (NYSE:YUMC) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 13,940 shares of the company’s stock, valued at approximately $671,000.

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

Analyst Ratings Changes

YUMC has been the topic of several recent analyst reports. StockNews.com downgraded Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $49.57.

Insider Activity

In related news, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction dated Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the transaction, the insider now owns 56,602 shares in the company, valued at approximately $2,728,782.42. This trade represents a 6.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Yum China Stock Down 0.8 %

Shares of YUMC stock opened at $49.02 on Tuesday. The stock has a market cap of $18.62 billion, a P/E ratio of 21.04, a PEG ratio of 1.72 and a beta of 0.33. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The company’s fifty day simple moving average is $46.69 and its two-hundred day simple moving average is $44.29.

Yum China (NYSE:YUMC) last announced 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 return on equity of 13.83% and a net margin of 8.06%. Analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.24 per share. This is an increase from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, March 6th. Yum China’s dividend payout ratio is currently 41.20%.

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.