Confluence Wealth Services Inc. Acquires New Position in Yum China Holdings, Inc. (NYSE:YUMC)

Confluence Wealth Services Inc. bought a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,947 shares of the company’s stock, valued at approximately $268,000.

A number of other large investors have also recently modified their holdings of YUMC. Private Advisor Group LLC grew its holdings in shares of Yum China by 27.8% during the 1st quarter. Private Advisor Group LLC now owns 13,815 shares of the company’s stock valued at $550,000 after purchasing an additional 3,009 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Yum China by 58.0% during the first quarter. Nordea Investment Management AB now owns 584,041 shares of the company’s stock worth $23,128,000 after buying an additional 214,420 shares in the last quarter. Daiwa Securities Group Inc. acquired a new stake in shares of Yum China during the 1st quarter valued at $209,000. GSA Capital Partners LLP grew its position in Yum China by 413.0% during the 1st quarter. GSA Capital Partners LLP now owns 44,299 shares of the company’s stock worth $1,763,000 after acquiring an additional 35,663 shares during the last quarter. Finally, Flossbach Von Storch AG increased its holdings in Yum China by 53.8% in the 1st quarter. Flossbach Von Storch AG now owns 100,000 shares of the company’s stock worth $3,979,000 after purchasing an additional 35,000 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Insider Buying and Selling

In related news, insider Jeff Kuai purchased 3,900 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The shares were bought at an average cost of $32.72 per share, with a total value of $127,608.00. Following the acquisition, the insider now owns 3,900 shares of the company’s stock, valued at $127,608. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, insider Warton Wang acquired 3,700 shares of the company’s stock in a transaction that occurred 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 acquisition, the insider now owns 25,023 shares of the company’s stock, valued at approximately $867,547.41. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jeff Kuai purchased 3,900 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The shares were bought at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the completion of the transaction, the insider now owns 3,900 shares of the company’s stock, valued at approximately $127,608. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 18,400 shares of company stock worth $619,671. 0.30% of the stock is owned by company insiders.

Yum China Trading Up 7.2 %

Shares of Yum China stock opened at $48.30 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.23. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $51.68. The stock has a 50 day moving average price of $40.92 and a two-hundred day moving average price of $36.48. The stock has a market capitalization of $18.57 billion, a PE ratio of 23.33, a price-to-earnings-growth ratio of 1.67 and a beta of 0.36.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.08. The business had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The business’s revenue was up .9% on a year-over-year basis. During the same period last year, the business earned $0.47 EPS. As a group, equities analysts anticipate that Yum China Holdings, Inc. will post 2.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on YUMC shares. Citigroup raised Yum China to a “strong-buy” rating in a research note on Monday, September 30th. Macquarie upgraded shares of Yum China from an “underperform” rating to an “outperform” rating and lifted their price target for the stock from $30.00 to $37.40 in a report on Tuesday, August 6th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $46.18.

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.