Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. lessened its position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 8.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,659,935 shares of the company's stock after selling 144,947 shares during the quarter. Franklin Resources Inc. owned approximately 0.44% of Yum China worth $79,705,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Boston Research & Management Inc. purchased a new position in shares of Yum China in the 4th quarter valued at about $208,000. Wellington Management Group LLP increased its position in shares of Yum China by 95.6% in the fourth quarter. Wellington Management Group LLP now owns 4,580,430 shares of the company's stock valued at $220,644,000 after buying an additional 2,238,720 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of Yum China by 212.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 59,775 shares of the company's stock worth $2,879,000 after buying an additional 40,660 shares during the period. Mawer Investment Management Ltd. acquired a new position in shares of Yum China during the 4th quarter worth approximately $203,179,000. Finally, Schroder Investment Management Group grew its stake in Yum China by 0.6% in the 4th quarter. Schroder Investment Management Group now owns 102,403 shares of the company's stock valued at $4,914,000 after acquiring an additional 565 shares during the period. Hedge funds and other institutional investors own 85.58% of the company's stock.

Yum China Price Performance

Shares of Yum China stock traded down $2.50 during mid-day trading on Monday, reaching $45.42. 3,586,342 shares of the stock traded hands, compared to its average volume of 2,851,500. The stock has a market capitalization of $17.08 billion, a PE ratio of 19.53, a PEG ratio of 1.72 and a beta of 0.32. The business has a 50-day moving average of $49.38 and a 200 day moving average of $47.33. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $53.99. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

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Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing the consensus estimate 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, analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.24 per share. The ex-dividend date was Thursday, March 6th. This is a positive change from Yum China's previous quarterly dividend of $0.16. This represents a $0.96 dividend on an annualized basis and a yield of 2.11%. Yum China's payout ratio is presently 41.20%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Yum China

In other news, CTO Leila Zhang sold 4,000 shares of the business's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $50.59, for a total transaction of $202,360.00. Following the transaction, the chief technology officer now owns 52,075 shares of the company's stock, valued at approximately $2,634,474.25. The trade was a 7.13 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Joey Wat sold 37,252 shares of the company's stock in a transaction dated 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 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. This represents a 8.87 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,152 shares of company stock worth $2,242,176. Insiders own 0.30% of the company's stock.

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.