HighTower Advisors LLC Has $4.32 Million Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

HighTower Advisors LLC lifted its position in Yum China Holdings, Inc. (NYSE:YUMC – Get Rating) by 92.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,165 shares of the company’s stock after acquiring an additional 38,015 shares during the quarter. HighTower Advisors LLC’s holdings in Yum China were worth $4,317,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in YUMC. Retirement Financial Solutions LLC bought a new position in Yum China during the fourth quarter valued at about $26,000. RFP Financial Group LLC bought a new position in Yum China during the fourth quarter valued at about $27,000. Accurate Wealth Management LLC bought a new position in Yum China during the fourth quarter valued at about $29,000. Eagle Bay Advisors LLC grew its position in Yum China by 168.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 544 shares of the company’s stock valued at $30,000 after buying an additional 341 shares during the period. Finally, Red Tortoise LLC bought a new position in Yum China during the fourth quarter valued at about $37,000. Institutional investors own 78.89% of the company’s stock.

Wall Street Analyst Weigh In

YUMC has been the subject of a number of research reports. OTR Global upgraded shares of Yum China from a “mixed” rating to a “positive” rating in a research report on Wednesday, April 12th. TheStreet raised shares of Yum China from a “c+” rating to a “b” rating in a report on Tuesday, May 2nd. StockNews.com assumed coverage on shares of Yum China in a report on Thursday. They issued a “buy” rating on the stock. Finally, Jefferies Financial Group downgraded shares of Yum China from a “buy” rating to a “hold” rating in a report on Wednesday, February 1st.

Insider Transactions at Yum China

In other news, Director Peter A. Bassi sold 17,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 9th. The shares were sold at an average price of $60.96, for a total value of $1,066,800.00. Following the transaction, the director now owns 46,264 shares in the company, valued at $2,820,253.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Yum China news, CEO Joey Wat sold 12,018 shares of the firm’s stock in a transaction on Wednesday, February 22nd. The stock was sold at an average price of $62.02, for a total transaction of $745,356.36. Following the completion of the transaction, the chief executive officer now owns 261,905 shares of the company’s stock, valued at $16,243,348.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Peter A. Bassi sold 17,500 shares of Yum China stock in a transaction dated Tuesday, May 9th. The stock was sold at an average price of $60.96, for a total value of $1,066,800.00. Following the completion of the transaction, the director now directly owns 46,264 shares of the company’s stock, valued at approximately $2,820,253.44. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,179,041 shares of company stock worth $73,434,579. Insiders own 0.33% of the company’s stock.

Yum China Stock Up 0.1 %

Shares of NYSE YUMC opened at $61.15 on Friday. Yum China Holdings, Inc. has a one year low of $38.47 and a one year high of $64.70. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.77 and a quick ratio of 1.59. The firm’s 50 day simple moving average is $62.04 and its two-hundred day simple moving average is $58.73. The stock has a market capitalization of $25.55 billion, a P/E ratio of 40.77, a PEG ratio of 2.79 and a beta of 0.53.

Yum China (NYSE:YUMC – Get Rating) last issued its earnings results on Tuesday, May 2nd. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.26. Yum China had a net margin of 6.43% and a return on equity of 8.77%. The firm had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter last year, the business earned $0.24 earnings per share. The business’s revenue was up 9.3% on a year-over-year basis. As a group, analysts expect that Yum China Holdings, Inc. will post 1.99 EPS for the current fiscal year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 20th. Stockholders of record on Tuesday, May 30th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Friday, May 26th. Yum China’s dividend payout ratio is 34.67%.

About Yum China

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Yum China Holdings, Inc engages in the operation and management of restaurants and fast food chains. It operates through the following segments: Kentucky Fried Chicken (KFC), Pizza Hut, and All Other Segments. The KFC segment operates restaurant chain. The Pizza Hut segment covers the Pizza Hut casual dining and Pizza Hut home service.