Claro Advisors LLC Buys New Shares in Yum China Holdings, Inc. (NYSE:YUMC)

Claro Advisors LLC purchased a new position in Yum China Holdings, Inc. (NYSE:YUMC) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,348 shares of the company’s stock, valued at approximately $331,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of YUMC. Freemont Capital Pte Ltd acquired a new stake in shares of Yum China in the 3rd quarter valued at about $2,251,000. Vaughan Nelson Investment Management L.P. grew its stake in Yum China by 66.2% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 19,030 shares of the company’s stock valued at $857,000 after acquiring an additional 7,580 shares during the period. Euro Pacific Asset Management LLC bought a new stake in shares of Yum China during the third quarter valued at approximately $1,650,000. OneDigital Investment Advisors LLC raised its position in shares of Yum China by 19.9% during the third quarter. OneDigital Investment Advisors LLC now owns 9,909 shares of the company’s stock worth $446,000 after purchasing an additional 1,642 shares during the period. Finally, Parthenon LLC acquired a new position in shares of Yum China during the third quarter worth approximately $243,000. 85.58% of the stock is owned by institutional investors.

Yum China Trading Up 1.0 %

Shares of YUMC stock opened at $47.66 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The company has a market capitalization of $18.10 billion, a price-to-earnings ratio of 21.02, a PEG ratio of 1.69 and a beta of 0.36. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00. The company has a 50-day simple moving average of $43.61 and a two-hundred day simple moving average of $37.15.

Yum China (NYSE:YUMC) last released its earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.09. The company had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. Yum China’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.59 earnings per share. Research analysts anticipate that Yum China Holdings, Inc. will post 2.31 EPS for the current fiscal year.

Yum China Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s dividend payout ratio is presently 28.32%.

Analyst Ratings Changes

A number of brokerages have commented on YUMC. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and upped their target price for the stock from $30.00 to $37.40 in a report on Tuesday, August 6th. Citigroup raised shares of Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Finally, StockNews.com raised Yum China from a “hold” rating to a “buy” rating in a research note on Friday. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus 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.