grace capital acquired a new stake in Yum China Holdings Inc (NYSE:YUMC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,000 shares of the company’s stock, valued at approximately $345,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. North Star Asset Management Inc. raised its holdings in shares of Yum China by 2.4% in the 2nd quarter. North Star Asset Management Inc. now owns 72,983 shares of the company’s stock valued at $2,807,000 after purchasing an additional 1,715 shares in the last quarter. Moneta Group Investment Advisors LLC raised its holdings in shares of Yum China by 34.3% in the 1st quarter. Moneta Group Investment Advisors LLC now owns 6,943 shares of the company’s stock valued at $288,000 after purchasing an additional 1,775 shares in the last quarter. Atria Investments LLC raised its holdings in shares of Yum China by 28.1% in the 2nd quarter. Atria Investments LLC now owns 9,081 shares of the company’s stock valued at $349,000 after purchasing an additional 1,990 shares in the last quarter. Pennsylvania Trust Co raised its stake in Yum China by 30.7% during the 2nd quarter. Pennsylvania Trust Co now owns 8,718 shares of the company’s stock worth $335,000 after acquiring an additional 2,050 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH raised its stake in Yum China by 8.9% during the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 25,057 shares of the company’s stock worth $964,000 after acquiring an additional 2,055 shares in the last quarter. Institutional investors and hedge funds own 82.66% of the company’s stock.

Shares of NYSE:YUMC opened at $33.15 on Friday. Yum China Holdings Inc has a 12 month low of $30.10 and a 12 month high of $48.75. The company has a current ratio of 1.74, a quick ratio of 1.51 and a debt-to-equity ratio of 0.01. The firm has a market cap of $12.24 billion, a P/E ratio of 23.50, a P/E/G ratio of 1.48 and a beta of 1.00.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Wednesday, August 1st. The company reported $0.36 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.03. Yum China had a net margin of 6.45% and a return on equity of 20.94%. The firm had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.10 billion. During the same period last year, the business earned $0.27 EPS. Yum China’s revenue for the quarter was up 12.3% compared to the same quarter last year. equities analysts expect that Yum China Holdings Inc will post 1.51 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 19th. Shareholders of record on Wednesday, August 29th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, August 28th. This represents a $0.40 dividend on an annualized basis and a yield of 1.21%. Yum China’s dividend payout ratio is presently 28.17%.

YUMC has been the topic of several research analyst reports. Oppenheimer lowered shares of Yum China from an “outperform” rating to a “market perform” rating and set a $33.00 price target on the stock. in a research note on Friday, August 17th. Bank of America lowered shares of Yum China from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $44.30 to $34.00 in a research note on Thursday, July 19th. UBS Group lowered shares of Yum China from an “outperform” rating to a “market perform” rating in a research note on Friday, August 17th. Zacks Investment Research lowered shares of Yum China from a “hold” rating to a “sell” rating in a research note on Sunday, July 8th. Finally, Macquarie lowered shares of Yum China from an “outperform” rating to a “neutral” rating in a research note on Thursday, August 2nd. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $46.06.

In other Yum China news, insider Angela Ai sold 4,529 shares of Yum China stock in a transaction on Friday, September 7th. The shares were sold at an average price of $38.25, for a total value of $173,234.25. Following the transaction, the insider now directly owns 9,000 shares in the company, valued at $344,250. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.37% of the company’s stock.

Yum China Company Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, and Little Sheep brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, and Mexican-style food categories.

See Also: Price to Earnings Ratio (PE)

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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