JB Capital LLC Makes New Investment in Yum China Holdings, Inc. (NYSE:YUMC)

JB Capital LLC acquired a new stake in Yum China Holdings, Inc. (NYSE:YUMC) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 63,111 shares of the company’s stock, valued at approximately $1,946,000.

Several other large investors have also recently made changes to their positions in the business. Mather Group LLC. bought a new position in Yum China during the first quarter valued at about $26,000. LRI Investments LLC bought a new position in shares of Yum China during the 1st quarter valued at approximately $36,000. Johnson Financial Group Inc. increased its stake in shares of Yum China by 3,107.1% during the 4th quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock worth $38,000 after purchasing an additional 870 shares during the last quarter. Pathway Financial Advisers LLC bought a new stake in shares of Yum China in the 1st quarter worth approximately $39,000. Finally, BOCHK Asset Management Ltd purchased a new position in Yum China in the fourth quarter valued at approximately $42,000. 85.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and boosted their target price for the company from $30.00 to $37.40 in a research note on Tuesday, August 6th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $51.20.

Insider Buying and Selling

In related news, Director Robert Blaine Aiken, Jr. acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were bought at an average cost of $33.74 per share, for a total transaction of $101,220.00. Following the completion of the transaction, the director now owns 12,088 shares in the company, valued at $407,849.12. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Robert Blaine Aiken, Jr. bought 3,000 shares of Yum China stock in a transaction that occurred on Friday, August 16th. The shares were acquired at an average price of $33.74 per share, with a total value of $101,220.00. Following the completion of the purchase, the director now directly owns 12,088 shares in the company, valued at $407,849.12. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Warton Wang acquired 3,700 shares of the business’s stock in a transaction dated Friday, August 16th. The stock was purchased at an average price of $34.67 per share, with a total value of $128,279.00. Following the completion of the acquisition, 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 quarter, insiders have acquired 18,400 shares of company stock worth $619,671. Corporate insiders own 0.30% of the company’s stock.

Yum China Stock Performance

Shares of NYSE:YUMC traded down $0.40 during trading on Friday, hitting $33.37. 1,555,832 shares of the company were exchanged, compared to its average volume of 3,102,256. The company has a market cap of $13.00 billion, a PE ratio of 16.97, a P/E/G ratio of 1.39 and a beta of 0.33. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $58.21. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.09. The stock has a 50 day moving average of $31.73 and a 200 day moving average of $36.36.

Yum China (NYSE:YUMC) last posted its earnings results on Monday, August 5th. The company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same quarter in the previous year, the firm earned $0.47 EPS. The company’s quarterly revenue was up .9% compared to the same quarter last year. As a group, equities research analysts predict that Yum China Holdings, Inc. will post 2.2 EPS for the current year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th will be issued a $0.16 dividend. The ex-dividend date is Tuesday, August 27th. This represents a $0.64 annualized dividend and a dividend yield of 1.92%. Yum China’s payout ratio is currently 32.16%.

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.