Yum China Holdings, Inc. (NYSE:YUMC) Holdings Lowered by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P trimmed its holdings in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,232,477 shares of the company's stock after selling 174,531 shares during the period. Loomis Sayles & Co. L P owned 1.38% of Yum China worth $252,048,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Yum China by 14.8% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 338,778 shares of the company's stock valued at $15,113,000 after acquiring an additional 43,587 shares during the last quarter. Korea Investment CORP lifted its stake in shares of Yum China by 5.5% during the fourth quarter. Korea Investment CORP now owns 297,719 shares of the company's stock valued at $14,341,000 after buying an additional 15,400 shares during the period. Graney & King LLC acquired a new stake in Yum China during the fourth quarter worth approximately $39,000. Mitsubishi UFJ Trust & Banking Corp grew its stake in Yum China by 16.0% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 379,620 shares of the company's stock worth $18,286,000 after acquiring an additional 52,466 shares during the period. Finally, Carrhae Capital LLP raised its holdings in Yum China by 4.0% in the 4th quarter. Carrhae Capital LLP now owns 489,307 shares of the company's stock valued at $23,570,000 after acquiring an additional 19,007 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company's stock.

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Insider Buying and Selling

In related news, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction dated Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Joey Wat sold 37,252 shares of the company's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the completion of the transaction, the chief executive officer now 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 45,152 shares of company stock valued at $2,242,176. Insiders own 0.30% of the company's stock.

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.

Yum China Trading Down 0.9 %

YUMC stock traded down $0.47 during trading on Monday, reaching $51.41. 691,511 shares of the stock traded hands, compared to its average volume of 2,536,445. 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 Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $53.99. The firm has a market capitalization of $19.33 billion, a PE ratio of 22.08, a P/E/G ratio of 1.72 and a beta of 0.35. The business's 50 day moving average price is $48.71 and its 200-day moving average price is $46.73.

Yum China (NYSE:YUMC - Get Free Report) last released 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, sell-side analysts forecast that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued 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 annualized dividend and a dividend yield of 1.87%. Yum China's dividend payout ratio is 41.20%.

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.