Mindset Wealth Management LLC Acquires New Position in Yum China Holdings, Inc. (NYSE:YUMC)

Mindset Wealth Management LLC acquired a new stake in Yum China Holdings, Inc. (NYSE:YUMC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,300 shares of the company’s stock, valued at approximately $930,000. Yum China accounts for about 0.3% of Mindset Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position.

Several other hedge funds also recently bought and sold shares of the stock. William Blair Investment Management LLC purchased a new position in Yum China during the fourth quarter worth about $243,901,000. Flagship Wealth Advisors LLC purchased a new position in Yum China during the fourth quarter worth about $159,000. Signaturefd LLC boosted its stake in Yum China by 32.7% during the fourth quarter. Signaturefd LLC now owns 1,825 shares of the company’s stock worth $88,000 after buying an additional 450 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in Yum China by 6.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 19,404 shares of the company’s stock worth $935,000 after buying an additional 1,148 shares during the period. Finally, one8zero8 LLC purchased a new position in Yum China during the fourth quarter worth about $448,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Yum China Stock Down 1.9 %

Shares of NYSE:YUMC opened at $52.59 on Friday. The firm’s 50 day moving average price is $47.65 and its 200 day moving average price is $45.79. The stock has a market cap of $19.78 billion, a price-to-earnings ratio of 22.57, a price-to-earnings-growth ratio of 1.72 and a beta of 0.35. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $53.99. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last issued its earnings results on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. As a group, equities research analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 1.83%. This is a boost from Yum China’s previous quarterly dividend of $0.16. Yum China’s dividend payout ratio (DPR) is presently 41.20%.

Insiders Place Their Bets

In related news, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction on Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the transaction, the insider now directly owns 56,602 shares in the company, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Joey Wat sold 37,252 shares of Yum China stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the completion of the transaction, the chief executive officer now owns 382,657 shares in the company, valued at approximately $19,021,879.47. This trade represents a 8.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,152 shares of company stock valued at $2,242,176. 0.30% of the stock is owned by corporate insiders.

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.