Yum China Holdings, Inc. (NYSE:YUMC) Shares Acquired by Savoir Faire Capital Management L.P.

Savoir Faire Capital Management L.P. increased its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 41.9% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 188,010 shares of the company’s stock after acquiring an additional 55,482 shares during the period. Yum China makes up approximately 2.3% of Savoir Faire Capital Management L.P.’s holdings, making the stock its 18th largest holding. Savoir Faire Capital Management L.P.’s holdings in Yum China were worth $5,798,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Mather Group LLC. acquired a new stake in Yum China during the 1st quarter valued at approximately $26,000. Johnson Financial Group Inc. raised its holdings in Yum China by 3,107.1% in the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock valued at $38,000 after acquiring an additional 870 shares in the last quarter. LRI Investments LLC bought a new position in Yum China during the 1st quarter valued at $36,000. Pathway Financial Advisers LLC acquired a new position in Yum China during the 1st quarter worth $39,000. Finally, BOCHK Asset Management Ltd bought a new stake in shares of Yum China in the 4th quarter worth about $42,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Insider Buying and Selling at Yum China

In other news, CTO Leila Zhang bought 4,000 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were acquired at an average cost of $33.36 per share, with a total value of $133,440.00. Following the completion of the transaction, the chief technology officer now directly owns 41,339 shares in the company, valued at approximately $1,379,069.04. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Yum China news, CTO Leila Zhang purchased 4,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were acquired at an average price of $33.36 per share, for a total transaction of $133,440.00. Following the completion of the acquisition, the chief technology officer now owns 41,339 shares of the company’s stock, valued at approximately $1,379,069.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Warton Wang acquired 3,700 shares of the firm’s stock in a transaction on Friday, August 16th. The shares were acquired at an average price of $34.67 per share, with a total value of $128,279.00. Following the completion of the transaction, the insider now directly owns 25,023 shares in the company, valued at approximately $867,547.41. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 18,400 shares of company stock valued at $619,671. 0.30% of the stock is currently owned by corporate insiders.

Yum China Stock Down 1.1 %

YUMC stock opened at $34.53 on Tuesday. The firm’s 50-day moving average is $32.44 and its two-hundred day moving average is $35.46. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $13.27 billion, a price-to-earnings ratio of 17.35, a price-to-earnings-growth ratio of 1.41 and a beta of 0.34. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $58.21.

Yum China (NYSE:YUMC) last released its earnings results on Monday, August 5th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.08. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the previous year, the firm earned $0.47 EPS. The business’s revenue for the quarter was up .9% on a year-over-year basis. On average, analysts forecast that Yum China Holdings, Inc. will post 2.22 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, August 27th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, August 27th. This represents a $0.64 dividend on an annualized basis and a yield of 1.85%. Yum China’s dividend payout ratio is currently 32.16%.

Analyst Upgrades and Downgrades

Separately, Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and upped their price target for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $51.20.

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.