In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Yum China Holdings Inc. (NYSE:YUMC) reported that Primavera Capital Management Ltd. has picked up 30,982,892 of common stock as of 2017-07-06.
The acquisition brings the aggregate amount owned by Primavera Capital Management Ltd. to a total of 30,982,892 representing a 7.8% stake in the company.
For those not familiar with the company, Safety, Yum China Holdings, Inc. is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts. The Company’s restaurants in each of its concept offer consumers the ability to dine in and/or carry out food. In addition, KFC, Pizza Hut Casual Dining, Pizza Hut Home Service and East Dawning offer delivery service. KFC is the quick-service restaurant (QSR) brand. Pizza Hut Casual Dining is the casual dining restaurant (CDR) brand. As of December 31, 2016, the Company had over 360 Pizza Hut Home Service units in over 50 cities in China. The Little Sheep concept specializes in Hot Pot cooking. East Dawning is a Chinese food QSR brand. Taco Bell is a QSR brand specializing in Mexican-style food.
A glance at Yum China Holdings Inc. (NYSE:YUMC)’s key stats reveals a current market capitalization of $15.32 Billion based on $384.76 Million outstanding and a price at last close of $37.32 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-05-17, Hsieh picked up 30,000 at a purchase price of $34.85. This brings their total holding to 39,080 as of the date of the filing.
On the sell side, the most recent transaction saw Chu unload 11,272 shares at a sale price of $34.10. This brings their total holding to 2,855.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an Yum China Holdings Inc. (NYSE:YUMC) as things move forward to see if its progress aligns with these transactions.
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