Mercer Global Advisors Inc. ADV Sells 625 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Mercer Global Advisors Inc. ADV lowered its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 4.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 13,447 shares of the company’s stock after selling 625 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Yum China were worth $415,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of YUMC. Veritas Asset Management LLP grew its holdings in Yum China by 30.1% in the fourth quarter. Veritas Asset Management LLP now owns 2,199,338 shares of the company’s stock worth $93,318,000 after purchasing an additional 509,338 shares during the period. GSA Capital Partners LLP grew its holdings in Yum China by 413.0% in the first quarter. GSA Capital Partners LLP now owns 44,299 shares of the company’s stock worth $1,763,000 after purchasing an additional 35,663 shares during the period. Dodge & Cox grew its holdings in Yum China by 23,769.2% in the fourth quarter. Dodge & Cox now owns 3,165,531 shares of the company’s stock worth $134,313,000 after purchasing an additional 3,152,269 shares during the period. Nomura Holdings Inc. grew its holdings in Yum China by 240.0% in the fourth quarter. Nomura Holdings Inc. now owns 72,192 shares of the company’s stock worth $3,063,000 after purchasing an additional 50,957 shares during the period. Finally, PBCay One RSC Ltd acquired a new stake in Yum China in the fourth quarter worth $42,891,000. Institutional investors own 85.58% of the company’s stock.

Insider Transactions at Yum China

In other news, CEO Joey Wat bought 3,800 shares of the firm’s stock in a transaction on Wednesday, August 14th. The shares were bought at an average price of $33.98 per share, for a total transaction of $129,124.00. Following the purchase, the chief executive officer now owns 272,944 shares in the company, valued at $9,274,637.12. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Yum China news, CEO Joey Wat purchased 3,800 shares of Yum China stock in a transaction that occurred on Wednesday, August 14th. The shares were bought at an average price of $33.98 per share, for a total transaction of $129,124.00. Following the completion of the transaction, the chief executive officer now owns 272,944 shares of the company’s stock, valued at approximately $9,274,637.12. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Blaine Aiken, Jr. acquired 3,000 shares of the business’s stock in a transaction on Friday, August 16th. The shares were purchased at an average price of $33.74 per share, for a total transaction of $101,220.00. Following the transaction, the director now directly owns 12,088 shares of the company’s stock, valued at $407,849.12. The disclosure for this purchase can be found here. Insiders have acquired 18,400 shares of company stock worth $619,671 in the last quarter. Company insiders own 0.30% of the company’s stock.

Yum China Price Performance

YUMC stock opened at $45.35 on Friday. The stock has a market cap of $17.67 billion, a PE ratio of 22.79, a P/E/G ratio of 1.60 and a beta of 0.34. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.09. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $56.64. The firm has a 50 day simple moving average of $33.71 and a two-hundred day simple moving average of $35.33.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.47 by $0.08. The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.76 billion. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The company’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the prior year, the business earned $0.47 EPS. On average, analysts predict that Yum China Holdings, Inc. will post 2.22 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date was Tuesday, August 27th. Yum China’s payout ratio is presently 32.16%.

Analysts Set New Price Targets

Separately, Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and lifted their price objective for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Yum China presently has an average rating of “Moderate Buy” and a consensus price target of $46.18.

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.