Temasek Holdings Private Ltd Purchases 1,120,054 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Temasek Holdings Private Ltd increased its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 61.4% during the third quarter, HoldingsChannel.com reports. The fund owned 2,942,959 shares of the company’s stock after acquiring an additional 1,120,054 shares during the period. Temasek Holdings Private Ltd’s holdings in Yum China were worth $132,492,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Quantinno Capital Management LP bought a new position in shares of Yum China in the 3rd quarter worth $452,000. Integrated Wealth Concepts LLC bought a new position in shares of Yum China in the 3rd quarter worth $239,000. Janus Henderson Group PLC bought a new position in shares of Yum China in the 3rd quarter worth $2,177,000. Holocene Advisors LP bought a new position in shares of Yum China in the 3rd quarter worth $13,450,000. Finally, Erste Asset Management GmbH bought a new position in shares of Yum China in the 3rd quarter worth $7,821,000. Institutional investors own 85.58% of the company’s stock.

Insider Buying and Selling at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $47.47, for a total transaction of $302,716.19. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.30% of the stock is currently owned by corporate insiders.

Yum China Price Performance

Shares of Yum China stock opened at $48.00 on Friday. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00. The stock has a market capitalization of $18.23 billion, a price-to-earnings ratio of 21.24, a price-to-earnings-growth ratio of 1.67 and a beta of 0.36. The company has a fifty day moving average of $46.71 and a 200-day moving average of $38.02. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.59 EPS. Equities research analysts expect that Yum China Holdings, Inc. will post 2.33 EPS for the current year.

Yum China Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 annualized dividend and a yield of 1.33%. Yum China’s payout ratio is currently 28.32%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Citigroup raised shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Finally, JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $51.68.

Yum China Company 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.