Rockefeller Capital Management L.P. Purchases 4,939 Shares of Yum China Holdings Inc (NYSE:YUMC)

Rockefeller Capital Management L.P. lifted its position in shares of Yum China Holdings Inc (NYSE:YUMC) by 2,743.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 5,119 shares of the company’s stock after acquiring an additional 4,939 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Yum China were worth $230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Paragon Capital Management LLC bought a new stake in Yum China during the first quarter valued at about $26,000. Doyle Wealth Management bought a new stake in Yum China during the fourth quarter valued at about $28,000. Baldwin Brothers Inc. MA bought a new stake in Yum China during the first quarter valued at about $28,000. AdvisorNet Financial Inc boosted its position in Yum China by 49.7% during the fourth quarter. AdvisorNet Financial Inc now owns 1,048 shares of the company’s stock valued at $35,000 after purchasing an additional 348 shares in the last quarter. Finally, Krane Funds Advisors LLC boosted its position in Yum China by 151.9% during the first quarter. Krane Funds Advisors LLC now owns 796 shares of the company’s stock valued at $36,000 after purchasing an additional 480 shares in the last quarter. 80.36% of the stock is currently owned by institutional investors and hedge funds.

Shares of YUMC stock opened at $41.51 on Thursday. Yum China Holdings Inc has a 1-year low of $30.10 and a 1-year high of $48.27. The stock has a market cap of $15.58 billion, a P/E ratio of 27.13, a P/E/G ratio of 2.63 and a beta of 1.04. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.13 and a current ratio of 1.30.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Monday, April 29th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.07. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.27 billion. Yum China had a return on equity of 20.36% and a net margin of 7.55%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the company earned $0.53 earnings per share. On average, equities analysts anticipate that Yum China Holdings Inc will post 1.67 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Tuesday, May 28th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.16%. The ex-dividend date is Friday, May 24th. Yum China’s dividend payout ratio is presently 31.37%.

A number of brokerages recently weighed in on YUMC. Zacks Investment Research downgraded Yum China from a “buy” rating to a “hold” rating in a research report on Thursday, April 4th. UBS Group raised their price objective on Yum China from $46.07 to $56.06 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Bank of America raised Yum China from a “neutral” rating to a “buy” rating and set a $47.20 price objective on the stock in a research report on Tuesday, April 30th. Goldman Sachs Group raised Yum China from a “neutral” rating to a “buy” rating and raised their price objective for the company from $43.00 to $54.00 in a research report on Wednesday, April 17th. Finally, JPMorgan Chase & Co. raised their price objective on Yum China from $36.50 to $48.00 and gave the company an “overweight” rating in a research report on Monday, March 18th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $47.88.

In other Yum China news, insider Alice H. Wang sold 1,697 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $46.09, for a total value of $78,214.73. Following the completion of the sale, the insider now owns 10,120 shares of the company’s stock, valued at $466,430.80. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Jacky Wei-Jye Lo sold 1,995 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $43.50, for a total value of $86,782.50. Following the completion of the sale, the chief financial officer now directly owns 5,996 shares of the company’s stock, valued at approximately $260,826. The disclosure for this sale can be found here. In the last three months, insiders sold 24,822 shares of company stock valued at $1,102,676. Corporate insiders own 0.44% of the company’s stock.

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Yum China Company Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, Little Sheep, and COFFii & JOY brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, and coffee categories.

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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