Amundi Decreases Stake in Yum China Holdings, Inc. (NYSE:YUMC)

Amundi reduced its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 5.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,858,617 shares of the company's stock after selling 111,313 shares during the quarter. Amundi owned about 0.49% of Yum China worth $89,530,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in YUMC. FMR LLC increased its stake in 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 acquiring an additional 3,505,053 shares during the last quarter. Waverton Investment Management Ltd increased its stake in Yum China by 350.7% during 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. Bank of New York Mellon Corp increased its stake in Yum China by 399.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company's stock worth $179,556,000 after acquiring an additional 2,980,589 shares during the last quarter. Principal Financial Group Inc. increased its stake in Yum China by 49.6% during the third 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 during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Yum China during the fourth quarter worth approximately $68,638,000. 85.58% of the stock is owned by institutional investors.

Yum China Trading Down 0.5 %

YUMC opened at $49.12 on Wednesday. The stock has a market cap of $18.48 billion, a price-to-earnings ratio of 21.08, a P/E/G ratio of 1.72 and a beta of 0.35. The stock's 50 day moving average price is $46.71 and its 200-day moving average price is $45.06. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $52.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29.

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Yum China (NYSE:YUMC - Get Free Report) last released 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 net margin of 8.06% and a return on equity of 13.83%. On average, equities analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a $0.24 dividend. This is a positive change from Yum China's previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.95%. Yum China's payout ratio is presently 41.20%.

Analyst Ratings Changes

Separately, StockNews.com cut Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th.

Insider Activity at Yum China

In related news, insider Jeff Kuai sold 3,900 shares of the business's 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 completion of the sale, the insider now owns 56,602 shares in the company, valued at approximately $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Joey Wat sold 37,252 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total value of $1,851,796.92. Following the completion of the sale, the chief executive officer now owns 382,657 shares of the company's stock, valued at $19,021,879.47. The trade was a 8.87 % decrease in their position. The disclosure for this sale can be found here. 0.30% of the stock is owned by company insiders.

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.

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