Harvest Fund Management Co. Ltd Has $652,000 Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Harvest Fund Management Co. Ltd trimmed its stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 78.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,527 shares of the company's stock after selling 48,218 shares during the period. Harvest Fund Management Co. Ltd's holdings in Yum China were worth $652,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Kentucky Trust Co bought a new stake in shares of Yum China in the 4th quarter valued at approximately $29,000. EverSource Wealth Advisors LLC increased its position in Yum China by 58.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock worth $42,000 after purchasing an additional 324 shares during the period. Signaturefd LLC raised its holdings in Yum China by 32.7% during the 4th quarter. Signaturefd LLC now owns 1,825 shares of the company's stock worth $88,000 after purchasing an additional 450 shares during the last quarter. Prospera Private Wealth LLC acquired a new position in Yum China in the third quarter valued at approximately $110,000. Finally, Independence Bank of Kentucky boosted its position in shares of Yum China by 1,374.5% in the 4th quarter. Independence Bank of Kentucky now owns 2,949 shares of the company's stock worth $142,000 after purchasing an additional 2,749 shares during the last quarter. Institutional investors own 85.58% of the company's stock.

Insider Buying and Selling

In related news, CTO Leila Zhang sold 4,000 shares of Yum China stock in a transaction that occurred 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 sale, the chief technology officer now directly owns 52,075 shares of the company's stock, valued at approximately $2,634,474.25. This trade represents a 7.13 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Joey Wat sold 37,252 shares of the business'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 approximately $19,021,879.47. The trade was a 8.87 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 45,152 shares of company stock worth $2,242,176. Company insiders own 0.30% of the company's stock.

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Yum China Stock Down 1.0 %

YUMC stock traded down $0.54 during trading hours on Tuesday, reaching $51.27. 3,851,209 shares of the stock were exchanged, compared to its average volume of 2,751,944. The company has a market cap of $19.28 billion, a price-to-earnings ratio of 22.00, a PEG ratio of 1.72 and a beta of 0.35. The firm's 50-day moving average is $48.03 and its 200-day moving average is $46.22. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $53.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results 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 return on equity of 13.83% and a net margin of 8.06%. On average, equities research analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 1.87%. This is a boost from Yum China's previous quarterly dividend of $0.16. Yum China's dividend payout ratio (DPR) is currently 41.20%.

Analysts Set New Price Targets

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

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.