Flagship Wealth Advisors LLC Invests $159,000 in Yum China Holdings, Inc. (NYSE:YUMC)

Flagship Wealth Advisors LLC acquired a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,310 shares of the company’s stock, valued at approximately $159,000.

Several other hedge funds have also recently made changes to their positions in YUMC. FMR LLC raised its holdings in shares of Yum China by 4,176.5% during the third quarter. FMR LLC now owns 3,588,977 shares of the company’s stock valued at $161,576,000 after purchasing an additional 3,505,053 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Yum China by 399.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company’s stock valued at $179,556,000 after purchasing an additional 2,980,589 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Yum China by 49.6% during the third quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock valued at $356,206,000 after purchasing an additional 2,609,494 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Yum China during the fourth quarter valued at approximately $68,638,000. Finally, Temasek Holdings Private Ltd raised its position in Yum China by 61.4% in the third quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company’s stock worth $132,492,000 after acquiring an additional 1,120,054 shares during the period. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Stock Up 4.0 %

YUMC opened at $53.36 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $54.00. The company has a market capitalization of $20.07 billion, a PE ratio of 22.90, a PEG ratio of 1.72 and a beta of 0.35. The firm’s 50 day simple moving average is $47.09 and its two-hundred day simple moving average is $45.55.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. As a group, equities analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.80%. This is an increase from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 6th. Yum China’s dividend payout ratio (DPR) is presently 41.20%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th.

Insider Activity

In other news, CEO Joey Wat sold 37,252 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the sale, the chief executive officer now directly owns 382,657 shares in the company, valued at $19,021,879.47. This trade represents a 8.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction on Monday, February 17th. The shares were sold at an average price of $48.21, for a total transaction of $188,019.00. Following the completion of the sale, the insider now owns 56,602 shares in the company, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 45,152 shares of company stock worth $2,242,176 in the last three months. Company insiders own 0.30% of the company’s stock.

About Yum China

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.