Wealth Enhancement Advisory Services LLC Purchases 644 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Wealth Enhancement Advisory Services LLC increased its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 3.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,391 shares of the company’s stock after buying an additional 644 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Yum China were worth $963,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Industrial Alliance Investment Management Inc. lifted its position in shares of Yum China by 4.4% during the 1st quarter. Industrial Alliance Investment Management Inc. now owns 6,802 shares of the company’s stock worth $271,000 after buying an additional 286 shares during the period. Blair William & Co. IL lifted its position in shares of Yum China by 1.2% during the 2nd quarter. Blair William & Co. IL now owns 25,639 shares of the company’s stock worth $791,000 after buying an additional 302 shares during the period. Carmichael Hill & Associates Inc. lifted its position in shares of Yum China by 12.1% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company’s stock worth $103,000 after buying an additional 360 shares during the period. Eagle Bay Advisors LLC lifted its position in shares of Yum China by 53.7% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock worth $34,000 after buying an additional 380 shares during the period. Finally, Bessemer Group Inc. lifted its position in shares of Yum China by 14.3% during the 1st quarter. Bessemer Group Inc. now owns 3,235 shares of the company’s stock worth $129,000 after buying an additional 405 shares during the period. Institutional investors own 85.58% of the company’s stock.

Yum China Stock Up 0.1 %

NYSE YUMC opened at $48.36 on Wednesday. The stock has a fifty day moving average of $41.22 and a 200-day moving average of $36.56. The stock has a market capitalization of $18.59 billion, a P/E ratio of 21.40, a price-to-earnings-growth ratio of 1.67 and a beta of 0.36. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $51.68. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.23.

Yum China (NYSE:YUMC) last released its earnings results on Monday, November 4th. The company reported $0.77 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 analysts’ expectations of $3.03 billion. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period last year, the firm earned $0.59 EPS. On average, equities research analysts forecast that Yum China Holdings, Inc. will post 2.23 EPS for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.32%. Yum China’s dividend payout ratio (DPR) is currently 28.32%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on YUMC. Citigroup raised Yum China to a “strong-buy” rating in a report on Monday, September 30th. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the company from $35.50 to $60.00 in a report on Tuesday. Finally, Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and raised their price target for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $51.68.

Insider Activity

In related news, Director Robert Blaine Aiken, Jr. acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average cost of $33.74 per share, with a total value of $101,220.00. Following the completion of the purchase, the director now directly owns 12,088 shares in the company, valued at approximately $407,849.12. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Robert Blaine Aiken, Jr. acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average cost of $33.74 per share, with a total value of $101,220.00. Following the completion of the purchase, the director now directly owns 12,088 shares in the company, valued at approximately $407,849.12. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeff Kuai acquired 3,900 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The shares were bought at an average cost of $32.72 per share, with a total value of $127,608.00. Following the completion of the purchase, the insider now owns 3,900 shares of the company’s stock, valued at $127,608. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 18,400 shares of company stock valued at $619,671. Company insiders own 0.30% of the company’s stock.

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.