Jackson Hole Capital Partners LLC Acquires New Shares in Yum China Holdings, Inc. (NYSE:YUMC)

Jackson Hole Capital Partners LLC acquired a new stake in Yum China Holdings, Inc. (NYSE:YUMC) during the 4th quarter, Holdings Channel reports. The fund acquired 5,934 shares of the company’s stock, valued at approximately $252,000.

Other large investors have also bought and sold shares of the company. Harvest Fund Management Co. Ltd increased its holdings in Yum China by 207.8% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 261,708 shares of the company’s stock worth $11,103,000 after purchasing an additional 176,672 shares in the last quarter. GAMMA Investing LLC acquired a new stake in Yum China in the fourth quarter valued at approximately $83,000. OVERSEA CHINESE BANKING Corp Ltd grew its stake in Yum China by 4.9% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 197,244 shares of the company’s stock valued at $8,367,000 after acquiring an additional 9,180 shares during the period. Wetzel Investment Advisors Inc. acquired a new stake in Yum China in the fourth quarter valued at approximately $48,000. Finally, AIA Group Ltd acquired a new stake in Yum China in the fourth quarter valued at approximately $571,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on YUMC shares. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $38.00 target price (down previously from $65.00) on shares of Yum China in a research report on Thursday, January 4th. HSBC cut their target price on Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a research report on Wednesday, March 6th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Yum China currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.65.

Yum China Stock Performance

Shares of NYSE YUMC traded up $0.61 during trading on Friday, reaching $39.65. 3,036,995 shares of the stock traded hands, compared to its average volume of 3,448,412. Yum China Holdings, Inc. has a 52-week low of $33.55 and a 52-week high of $64.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.42 and a quick ratio of 1.24. The company has a 50-day moving average of $40.06 and a 200-day moving average of $42.00. The stock has a market capitalization of $15.54 billion, a P/E ratio of 19.92, a price-to-earnings-growth ratio of 1.45 and a beta of 0.45.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.12. Yum China had a return on equity of 11.63% and a net margin of 7.53%. The firm had revenue of $2.49 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the prior year, the firm earned $0.13 EPS. The business’s revenue for the quarter was up 19.4% compared to the same quarter last year. Analysts forecast that Yum China Holdings, Inc. will post 2.2 EPS for the current fiscal year.

Yum China Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Tuesday, March 5th were issued a $0.16 dividend. The ex-dividend date was Monday, March 4th. This represents a $0.64 annualized dividend and a dividend yield of 1.61%. This is a boost from Yum China’s previous quarterly dividend of $0.13. Yum China’s dividend payout ratio (DPR) is presently 32.65%.

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.