DnB Asset Management AS Buys 136,400 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

DnB Asset Management AS raised its position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 66.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 343,130 shares of the company's stock after purchasing an additional 136,400 shares during the period. DnB Asset Management AS owned 0.09% of Yum China worth $16,529,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of YUMC. William Blair Investment Management LLC bought a new stake in Yum China in the fourth quarter worth approximately $243,901,000. Norges Bank acquired a new stake in shares of Yum China during the 4th quarter worth approximately $199,722,000. FMR LLC increased its stake in shares of Yum China by 4,176.5% in the 3rd quarter. FMR LLC now owns 3,588,977 shares of the company's stock valued at $161,576,000 after acquiring an additional 3,505,053 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Yum China by 399.0% during the 4th quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company's stock valued at $179,556,000 after acquiring an additional 2,980,589 shares during the period. Finally, Principal Financial Group Inc. boosted 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 in the last quarter. 85.58% of the stock is owned by institutional investors.

Insider Buying and Selling at Yum China

In other Yum China news, insider Jeff Kuai sold 3,900 shares of the firm's stock in a transaction on Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the transaction, the insider now directly owns 56,602 shares of the company's stock, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Leila Zhang sold 4,000 shares of the company's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the completion of the transaction, the chief technology officer now directly owns 52,075 shares in the company, valued at approximately $2,634,474.25. The trade was a 7.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 45,152 shares of company stock valued at $2,242,176 in the last 90 days. 0.30% of the stock is currently owned by company insiders.

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Yum China Stock Up 0.6 %

YUMC stock traded up $0.34 during midday trading on Wednesday, reaching $53.29. 1,239,046 shares of the company's stock traded hands, compared to its average volume of 2,800,585. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The firm's fifty day moving average price is $49.02 and its 200-day moving average price is $46.98. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $53.99. The company has a market cap of $20.04 billion, a price-to-earnings ratio of 22.87, a P/E/G ratio of 1.72 and a beta of 0.35.

Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings data 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%. As a group, sell-side analysts forecast that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.24 dividend. This is an increase from Yum China's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 1.80%. Yum China's dividend payout ratio (DPR) is presently 41.20%.

Wall Street Analyst Weigh In

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

About Yum China

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.