Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC trimmed its holdings in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,220,842 shares of the company's stock after selling 45,772 shares during the period. Geode Capital Management LLC owned 0.58% of Yum China worth $106,277,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Atria Investments Inc boosted its stake in shares of Yum China by 1.2% during the fourth quarter. Atria Investments Inc now owns 23,074 shares of the company's stock valued at $1,111,000 after acquiring an additional 273 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Yum China by 4.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company's stock worth $298,000 after purchasing an additional 276 shares during the last quarter. Hanson & Doremus Investment Management grew its holdings in shares of Yum China by 0.5% during the fourth quarter. Hanson & Doremus Investment Management now owns 57,104 shares of the company's stock worth $2,751,000 after buying an additional 307 shares in the last quarter. First Citizens Bank & Trust Co. raised its position in shares of Yum China by 2.2% in the fourth quarter. First Citizens Bank & Trust Co. now owns 14,054 shares of the company's stock valued at $677,000 after buying an additional 309 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Yum China by 58.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after buying an additional 324 shares during the period. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on YUMC shares. StockNews.com cut shares of Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Daiwa America raised Yum China to a "strong-buy" rating in a research report on Wednesday, April 9th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $48.70.

Insiders Place Their Bets

In other news, CEO Joey Wat sold 37,252 shares of the stock in a transaction dated 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 owns 382,657 shares in the company, valued at approximately $19,021,879.47. This trade represents a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeff Kuai sold 3,900 shares of the business's stock in a transaction that occurred 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 transaction, the insider now directly owns 56,602 shares in the company, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 45,152 shares of company stock worth $2,242,176 over the last ninety days. 0.30% of the stock is owned by company insiders.

Yum China Trading Down 1.5 %

Shares of YUMC stock traded down $0.66 on Tuesday, reaching $44.49. 903,589 shares of the stock were exchanged, compared to its average volume of 2,923,905. 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 cap of $16.73 billion, a P/E ratio of 19.09, a price-to-earnings-growth ratio of 1.72 and a beta of 0.32. The firm has a 50 day moving average of $49.24 and a two-hundred day moving average of $47.60. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99.

Yum China (NYSE:YUMC - Get Free Report) last released 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%. On average, research analysts anticipate 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. Shareholders of record on Thursday, March 6th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.16%. This is a boost from Yum China's previous quarterly dividend of $0.16. The ex-dividend date was Thursday, March 6th. Yum China's payout ratio is 41.20%.

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.