Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec lessened its position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 89.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,418 shares of the company's stock after selling 368,700 shares during the quarter. Caisse DE Depot ET Placement DU Quebec's holdings in Yum China were worth $2,045,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hhlr Advisors LTD. acquired a new position in Yum China during the third quarter valued at $29,977,000. Flow Traders U.S. LLC purchased a new stake in shares of Yum China in the third quarter worth about $450,000. Fiduciary Trust Co grew its holdings in Yum China by 7.6% during the third quarter. Fiduciary Trust Co now owns 7,088 shares of the company's stock worth $319,000 after acquiring an additional 500 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Yum China by 6.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 244,556 shares of the company's stock valued at $11,010,000 after acquiring an additional 14,047 shares in the last quarter. Finally, CreativeOne Wealth LLC acquired a new position in Yum China in the third quarter valued at approximately $348,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Yum China

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the completion of the sale, the insider now owns 16,641 shares of the company's stock, valued at approximately $789,948.27. This trade represents a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.30% of the company's stock.

Analyst Upgrades and Downgrades

YUMC has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised shares of Yum China from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Macquarie upgraded shares of Yum China from an "underperform" rating to an "outperform" rating and raised their price target for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. StockNews.com upgraded shares of Yum China from a "hold" rating to a "buy" rating in a research report on Friday, November 15th. Finally, Citigroup upgraded Yum China to a "strong-buy" rating in a research report on Monday, September 30th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Yum China currently has an average rating of "Buy" and an average target price of $51.68.

Yum China Price Performance

YUMC traded up $0.52 during midday trading on Tuesday, hitting $47.14. 3,744,536 shares of the company traded hands, compared to its average volume of 3,186,729. The company has a market capitalization of $17.90 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 1.65 and a beta of 0.36. The business has a 50 day simple moving average of $46.45 and a two-hundred day simple moving average of $37.89. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. The company had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. Yum China's quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.59 EPS. On average, equities analysts forecast that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be issued a $0.16 dividend. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 dividend on an annualized basis and a yield of 1.36%. Yum China's payout ratio is currently 28.32%.

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.