Freemont Capital Pte Ltd Takes $2.25 Million Position in Yum China Holdings, Inc. (NYSE:YUMC)

Freemont Capital Pte Ltd acquired a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 50,000 shares of the company’s stock, valued at approximately $2,251,000. Yum China accounts for about 10.5% of Freemont Capital Pte Ltd’s holdings, making the stock its 4th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GUARDCAP ASSET MANAGEMENT Ltd lifted its holdings in shares of Yum China by 38.4% during the first quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company’s stock worth $486,391,000 after buying an additional 3,389,987 shares during the last quarter. Waverton Investment Management Ltd boosted its holdings in Yum China by 350.7% in the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock valued at $189,202,000 after purchasing an additional 3,270,560 shares during the period. Principal Financial Group Inc. grew its position in Yum China by 49.6% in the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock worth $356,206,000 after purchasing an additional 2,609,494 shares during the last quarter. Earnest Partners LLC acquired a new position in shares of Yum China during the first quarter valued at about $65,645,000. Finally, Mondrian Investment Partners LTD grew its position in Yum China by 56.3% during the second quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company’s stock worth $133,203,000 after buying an additional 1,582,859 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

YUMC has been the subject of several recent research reports. Citigroup raised Yum China to a “strong-buy” rating in a report on Monday, September 30th. Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and upped their target price for the company from $30.00 to $37.40 in a research note on Tuesday, August 6th. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Finally, StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research note on Friday. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $51.68.

Yum China Price Performance

NYSE:YUMC opened at $47.21 on Friday. The firm has a market cap of $17.93 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 1.69 and a beta of 0.36. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company’s 50-day moving average price is $43.61 and its two-hundred day moving average price is $37.14. The company has a quick ratio of 1.09, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last announced its earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The company had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 earnings per share. On average, equities analysts anticipate that Yum China Holdings, Inc. will post 2.31 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.36%. Yum China’s payout ratio is currently 28.32%.

Yum China 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.