Atlas Capital Advisors Inc. Buys Shares of 988 Yum China Holdings, Inc. (NYSE:YUMC)

Atlas Capital Advisors Inc. purchased a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) during the fourth quarter, Holdings Channel reports. The fund purchased 988 shares of the company’s stock, valued at approximately $48,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Atria Investments Inc increased its stake in Yum China by 1.2% during the 4th quarter. Atria Investments Inc now owns 23,074 shares of the company’s stock worth $1,111,000 after buying an additional 273 shares during the period. Steward Partners Investment Advisory LLC increased its position in shares of Yum China by 4.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company’s stock worth $298,000 after acquiring an additional 276 shares during the period. Hanson & Doremus Investment Management raised its stake in shares of Yum China by 0.5% in the fourth quarter. Hanson & Doremus Investment Management now owns 57,104 shares of the company’s stock valued at $2,751,000 after acquiring an additional 307 shares in the last quarter. First Citizens Bank & Trust Co. boosted its holdings in Yum China by 2.2% in the fourth quarter. First Citizens Bank & Trust Co. now owns 14,054 shares of the company’s stock valued at $677,000 after purchasing an additional 309 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake 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. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Yum China news, CEO Joey Wat sold 37,252 shares of Yum China 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 transaction, the chief executive officer now owns 382,657 shares of the company’s stock, valued at $19,021,879.47. The trade was a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jeff Kuai sold 3,900 shares of the stock in a transaction that occurred on Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the sale, the insider now directly owns 56,602 shares of the company’s stock, valued at $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,152 shares of company stock worth $2,242,176. Corporate insiders own 0.30% of the company’s stock.

Yum China Price Performance

Yum China stock opened at $47.93 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $49.38 and a 200-day simple moving average of $47.24. The stock has a market cap of $18.03 billion, a P/E ratio of 20.57, a price-to-earnings-growth ratio of 1.72 and a beta of 0.32. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $53.99.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share (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%. Equities analysts expect that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend was Thursday, March 6th. This is an increase from Yum China’s previous quarterly dividend of $0.16. Yum China’s payout ratio is currently 41.20%.

Analysts Set New Price Targets

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

About Yum China

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.