Yum China Holdings, Inc. (NYSE:YUMC) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 399.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,727,549 shares of the company’s stock after purchasing an additional 2,980,589 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.98% of Yum China worth $179,556,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kentucky Trust Co purchased a new stake in shares of Yum China during the 4th quarter worth approximately $29,000. Farther Finance Advisors LLC lifted its position in Yum China by 43.9% in the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after acquiring an additional 258 shares during the last quarter. Prospera Private Wealth LLC acquired a new position in Yum China in the third quarter valued at $110,000. Key Financial Inc grew its holdings in shares of Yum China by 540.0% during the third quarter. Key Financial Inc now owns 2,560 shares of the company’s stock worth $115,000 after purchasing an additional 2,160 shares during the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Yum China during the third quarter worth about $139,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on YUMC shares. StockNews.com cut Yum China from a “buy” rating to a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $49.57.

Insider Activity

In related news, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, the insider now directly owns 56,602 shares in the company, valued at $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.30% of the company’s stock.

Yum China Stock Up 2.5 %

YUMC opened at $50.22 on Friday. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00. The business has a 50 day moving average price of $46.65 and a two-hundred day moving average price of $43.98. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The company has a market cap of $19.07 billion, a PE ratio of 21.55, a P/E/G ratio of 1.72 and a beta of 0.33.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.30 EPS 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, research analysts anticipate that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend is Thursday, March 6th. This is a boost from Yum China’s previous quarterly dividend of $0.16. Yum China’s dividend payout ratio (DPR) is 41.20%.

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.