E Fund Management Co. Ltd. Takes $10.73 Million Position in Yum China Holdings, Inc. (NYSE:YUMC)

E Fund Management Co. Ltd. purchased a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 222,743 shares of the company's stock, valued at approximately $10,730,000. Yum China comprises about 0.5% of E Fund Management Co. Ltd.'s investment portfolio, making the stock its 26th biggest position. E Fund Management Co. Ltd. owned 0.06% of Yum China as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in YUMC. Raymond James Financial Inc. acquired a new position in shares of Yum China in the 4th quarter worth approximately $68,638,000. Atria Investments Inc increased its stake in Yum China by 1.2% during the 4th quarter. Atria Investments Inc now owns 23,074 shares of the company's stock valued at $1,111,000 after purchasing an additional 273 shares in the last quarter. Assetmark Inc. increased its stake in Yum China by 53.5% during the 4th quarter. Assetmark Inc. now owns 175,944 shares of the company's stock valued at $8,475,000 after purchasing an additional 61,316 shares in the last quarter. Steward Partners Investment Advisory LLC increased its stake in Yum China by 4.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company's stock valued at $298,000 after purchasing an additional 276 shares in the last quarter. Finally, LGT Group Foundation bought a new stake in shares of Yum China in the 4th quarter worth $1,653,000. 85.58% of the stock is owned by institutional investors.

Insider Transactions at Yum China

In related news, insider Jeff Kuai sold 3,900 shares of the firm's stock in a transaction 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 of the company's stock, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Joey Wat sold 37,252 shares of the firm's stock in a transaction on Wednesday, March 5th. The stock was 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 directly 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. Company insiders own 0.30% of the company's stock.

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Analysts Set New Price Targets

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

Yum China Price Performance

NYSE YUMC traded up $0.42 on Friday, reaching $49.72. 2,355,274 shares of the company's stock traded hands, compared to its average volume of 2,810,501. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The stock has a 50-day simple moving average of $46.67 and a 200 day simple moving average of $44.68. The stock has a market cap of $18.88 billion, a PE ratio of 21.34, a P/E/G ratio of 1.72 and a beta of 0.33.

Yum China (NYSE:YUMC - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate 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, research 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 announced 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 a boost from Yum China's previous quarterly dividend of $0.16. The ex-dividend date is Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 1.93%. Yum China's dividend payout ratio (DPR) is currently 41.20%.

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.