Magellan Asset Management Ltd lifted its position in Yum! SVA Plumb Wealth Management LLC now owns 90,951 shares of the company's stock worth $3,640,000 after acquiring an additional 4,366 shares during the period. Yum China Holdings, Inc.is based in Shanghai, China. Bbva Compass Bancshares Inc.'s holdings in Yum China were worth $2,865,000 at the end of the most recent reporting period. Mufg Americas Holdings Corp sold 7,946 shares as Yum Brands Inc (YUM)'s stock rose 2.44%. Brands during the 4th quarter valued at approximately $102,000. Valeo Financial Advisors LLC bought a new position in shares of Yum! Brands in the third quarter valued at approximately $45,086,000. Brands in the fourth quarter valued at approximately $33,729,000. Aevitas Wealth Management Inc. bought a new position in shares of Yum! Brands by 4.1% in the fourth quarter. Renaissance Technologies LLC bought a new stake in Yum! Brands by 18.2% in the third quarter. The firm has a market cap of $16,200.00 and a price-to-earnings ratio of 29.36. The company has a debt-to-equity ratio of -1.49, a quick ratio of 1.65 and a current ratio of 1.66. Yum!
(NYSE:YUMC) news were published by: Fool.com which released: "Yum China Sets a High Bar in the World's Most Populous Country" on February 14, 2018. The company reported $0.19 EPS for the quarter, topping the Zacks' consensus estimate of $0.17 by $0.02. The firm's quarterly revenue was down 16.4% compared to the same quarter previous year. Brands had a negative return on equity of 17.27% and a net margin of 22.80%. Yum China's quarterly revenue was up 12.6% on a year-over-year basis. They expect $0.68 EPS, up 4.62% or $0.03 from last year's $0.65 per share. This repurchase authorization permits the restaurant operator to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its shares are undervalued.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 9th. Stockholders of record on Wednesday, February 28th will be paid a $0.10 dividend. This is a positive change from Yum! Brands's previous quarterly dividend of $0.30. Yum! The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $1.44 dividend on an annualized basis and a yield of 1.74%. The shares were acquired at an average cost of $39.76 per share, for a total transaction of $159,040.00. Following the sale, the chief executive officer now owns 10,160 shares in the company, valued at $862,584. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Brian R. Niccol sold 945 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $44.50, for a total value of $160,645.00. Following the completion of the sale, the chief executive officer now owns 10,785 shares in the company, valued at approximately $861,721.50. The disclosure for this purchase can be found here. In the last quarter, insiders sold 4,343 shares of company stock worth $361,203.
Accern also assigned media stories about the restaurant operator an impact score of 46.2469321269585 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. Wells Fargo & Co cut their price objective on Yum! Brands from $85.00 to $82.00 and set a "market perform" rating for the company in a research report on Friday, February 9th. This is an increase from Yum! Zacks Investment Research raised Yum! Finally, Robert W. Baird boosted their price objective on Yum! Brands from a "hold" rating to a "buy" rating in a research report on Friday, January 26th. Royal Bank of Canada reiterated an "outperform" rating and set a $89.00 target price (down from $92.00) on shares of Yum!
YUM has been the subject of a number of research analyst reports. Finally, Instinet downgraded Yum! The firm earned "Buy" rating on Tuesday, January 17 by Goldman Sachs. Yum China presently has a consensus rating of "Buy" and a consensus target price of $44.28.
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Greatview Aseptic Packaging Company Limited, an investment holding company, makes, distributes, and sells paper packaging products and filling machines to dairy and non-carbonated soft drink producers in the People's Republic of China and internationally. As of December 31, 2016, the Company had over 7,500 restaurants in China. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.