Yum China Holdings, Inc. (NYSE:YUMC) Shares Bought by Korea Investment CORP

Korea Investment CORP boosted its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 297,719 shares of the company's stock after purchasing an additional 15,400 shares during the quarter. Korea Investment CORP owned about 0.08% of Yum China worth $14,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of YUMC. Kentucky Trust Co acquired a new stake in shares of Yum China in the 4th quarter worth $29,000. Graney & King LLC purchased a new stake in Yum China in the fourth quarter valued at about $39,000. EverSource Wealth Advisors LLC boosted its holdings 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 acquiring an additional 324 shares in the last quarter. Signaturefd LLC grew its stake in shares of Yum China by 32.7% during the fourth quarter. Signaturefd LLC now owns 1,825 shares of the company's stock worth $88,000 after acquiring an additional 450 shares during the last quarter. Finally, Independence Bank of Kentucky increased its holdings in shares of Yum China by 1,374.5% during the fourth quarter. Independence Bank of Kentucky now owns 2,949 shares of the company's stock valued at $142,000 after acquiring an additional 2,749 shares in the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Jeff Kuai sold 3,900 shares of the firm's stock in a transaction that occurred on Monday, February 17th. The shares were sold at an average price of $48.21, for a total transaction of $188,019.00. Following 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Joey Wat sold 37,252 shares of Yum China stock in a transaction that occurred 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 of the company's stock, valued at approximately $19,021,879.47. This trade represents a 8.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 45,152 shares of company stock valued at $2,242,176 in the last ninety days. Insiders own 0.30% of the company's stock.

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Yum China Stock Performance

YUMC stock traded down $0.83 during midday trading on Thursday, reaching $52.45. The stock had a trading volume of 2,860,678 shares, compared to its average volume of 2,561,363. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The firm has a fifty day simple moving average of $49.18 and a two-hundred day simple moving average of $47.03. The stock has a market cap of $19.73 billion, a PE ratio of 22.51, a P/E/G ratio of 1.72 and a beta of 0.32. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $53.99.

Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings data 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, equities 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 disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.83%. This is a boost from Yum China's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, March 6th. 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 note on Tuesday, February 25th.

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.