Van Berkom & Associates Inc. Acquires 2,550 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Van Berkom & Associates Inc. raised its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 10.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,750 shares of the company’s stock after purchasing an additional 2,550 shares during the period. Van Berkom & Associates Inc.’s holdings in Yum China were worth $827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Mather Group LLC. bought a new position in shares of Yum China during the 1st quarter valued at approximately $26,000. Eagle Bay Advisors LLC grew its stake in shares of Yum China by 53.7% during the second quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after buying an additional 380 shares during the last quarter. LRI Investments LLC bought a new stake in shares of Yum China during the 1st quarter worth approximately $36,000. Johnson Financial Group Inc. boosted its holdings in Yum China by 3,107.1% during the 4th quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock valued at $38,000 after acquiring an additional 870 shares during the period. Finally, Pathway Financial Advisers LLC bought a new position in Yum China in the 1st quarter valued at $39,000. 85.58% of the stock is owned by 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 research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $51.20.

Yum China Trading Up 2.3 %

NYSE:YUMC traded up $0.77 during midday trading on Monday, hitting $34.55. The stock had a trading volume of 246,355 shares, compared to its average volume of 3,042,341. The stock has a 50-day moving average of $32.02 and a 200 day moving average of $35.81. The company has a market capitalization of $13.28 billion, a price-to-earnings ratio of 16.97, a PEG ratio of 1.39 and a beta of 0.34. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $58.21. 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 posted its quarterly earnings results on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.08. The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.76 billion. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The business’s revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.47 EPS. As a group, sell-side analysts forecast that Yum China Holdings, Inc. will post 2.22 EPS for the current year.

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th will be issued a $0.16 dividend. The ex-dividend date is Tuesday, August 27th. This represents a $0.64 annualized dividend and a dividend yield of 1.85%. Yum China’s dividend payout ratio is currently 32.16%.

Insider Buying and Selling

In other news, CEO Joey Wat purchased 3,800 shares of the firm’s stock in a transaction on Wednesday, August 14th. The stock was acquired at an average cost of $33.98 per share, with a total value of $129,124.00. Following the completion of the transaction, the chief executive officer now owns 272,944 shares in the company, valued at approximately $9,274,637.12. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Yum China news, insider Warton Wang bought 3,700 shares of Yum China stock in a transaction that occurred on Friday, August 16th. The shares were bought at an average cost of $34.67 per share, with a total value of $128,279.00. Following the transaction, the insider now directly owns 25,023 shares of the company’s stock, valued at approximately $867,547.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Joey Wat purchased 3,800 shares of the firm’s stock in a transaction on Wednesday, August 14th. The stock was acquired at an average price of $33.98 per share, with a total value of $129,124.00. Following the completion of the purchase, the chief executive officer now owns 272,944 shares of the company’s stock, valued at approximately $9,274,637.12. The disclosure for this purchase can be found here. Insiders acquired 18,400 shares of company stock valued at $619,671 over the last 90 days. Corporate insiders own 0.30% of the company’s stock.

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.