Exencial Wealth Advisors LLC reduced its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 13.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,822 shares of the company's stock after selling 6,586 shares during the quarter. Exencial Wealth Advisors LLC's holdings in Yum China were worth $1,966,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Waverton Investment Management Ltd raised its stake in shares of Yum China by 350.7% during the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company's stock valued at $189,202,000 after purchasing an additional 3,270,560 shares in the last quarter. Janus Henderson Group PLC acquired a new position in shares of Yum China in the 3rd quarter worth approximately $2,177,000. GSA Capital Partners LLP raised its holdings in shares of Yum China by 100.2% in the 3rd quarter. GSA Capital Partners LLP now owns 35,760 shares of the company's stock worth $1,610,000 after purchasing an additional 17,898 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Yum China by 21.3% during the third quarter. Thrivent Financial for Lutherans now owns 2,510,386 shares of the company's stock valued at $113,017,000 after purchasing an additional 441,252 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its position in Yum China by 16.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 56,896 shares of the company's stock worth $2,794,000 after buying an additional 8,101 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors.
Yum China Price Performance
Yum China stock traded up $0.42 during mid-day trading on Friday, hitting $49.72. The company's stock had a trading volume of 2,355,274 shares, compared to its average volume of 2,810,501. 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 stock has a market capitalization of $18.88 billion, a P/E ratio of 21.34, a P/E/G ratio of 1.72 and a beta of 0.33. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $52.00. The stock's fifty day moving average price is $46.67 and its two-hundred day moving average price is $44.68.
Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly 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%. Research analysts forecast 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. Shareholders of record on Thursday, March 6th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.93%. This is a boost from Yum China's previous quarterly dividend of $0.16. The ex-dividend date is Thursday, March 6th. Yum China's payout ratio is presently 41.20%.
Insiders Place Their Bets
In other news, CEO Joey Wat sold 37,252 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the transaction, the chief executive officer now directly owns 382,657 shares in the company, valued at $19,021,879.47. The trade was a 8.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jeff Kuai sold 3,900 shares of the 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 sale, the insider now owns 56,602 shares of the company's stock, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.30% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Yum China from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th.
Get Our Latest Stock Analysis on Yum China
About Yum China
(
Free Report)
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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