Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Alberta Investment Management Corp

Alberta Investment Management Corp reduced its position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,767,816 shares of the company's stock after selling 50,025 shares during the quarter. Alberta Investment Management Corp owned approximately 0.47% of Yum China worth $85,156,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. FMR LLC grew its position in shares of Yum China by 4,176.5% during the third quarter. FMR LLC now owns 3,588,977 shares of the company's stock worth $161,576,000 after buying an additional 3,505,053 shares in the last quarter. Waverton Investment Management Ltd lifted its stake in Yum China by 350.7% in the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company's stock worth $189,202,000 after acquiring an additional 3,270,560 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Yum China by 49.6% during the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company's stock worth $356,206,000 after acquiring an additional 2,609,494 shares in the last quarter. Temasek Holdings Private Ltd increased its position in shares of Yum China by 61.4% in the 3rd quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company's stock valued at $132,492,000 after purchasing an additional 1,120,054 shares during the last quarter. Finally, Hhlr Advisors LTD. acquired a new stake in shares of Yum China in the 3rd quarter valued at $29,977,000. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Yum China

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the business's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the transaction, the insider now owns 16,641 shares in the company, valued at $789,948.27. The trade was a 27.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Jeff Kuai sold 3,900 shares of the stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, the insider now directly owns 56,602 shares of the company's stock, valued at $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.30% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on YUMC. JPMorgan Chase & Co. upgraded shares of Yum China from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. StockNews.com upgraded Yum China from a "hold" rating to a "buy" rating in a report on Monday. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $49.57.

Yum China Stock Down 1.4 %

Shares of NYSE YUMC traded down $0.66 during mid-day trading on Friday, reaching $46.62. The company had a trading volume of 2,396,962 shares, compared to its average volume of 2,418,750. The firm has a 50 day simple moving average of $46.78 and a two-hundred day simple moving average of $43.50. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The stock has a market cap of $17.71 billion, a P/E ratio of 20.01, a PEG ratio of 1.72 and a beta of 0.33.

Yum China (NYSE:YUMC - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. Sell-side analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.24 dividend. This is an increase from Yum China's previous quarterly dividend of $0.16. This represents a $0.96 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Thursday, March 6th. Yum China's dividend payout ratio is presently 27.47%.

Yum China Company 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.