Massachusetts Financial Services Co. MA Cuts Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Massachusetts Financial Services Co. MA lowered its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 46.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,129,017 shares of the company's stock after selling 3,618,546 shares during the period. Massachusetts Financial Services Co. MA owned approximately 1.09% of Yum China worth $198,895,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of YUMC. Kentucky Trust Co bought a new stake in Yum China during the 4th quarter valued at about $29,000. Graney & King LLC purchased a new stake in shares of Yum China during the fourth quarter valued at approximately $39,000. EverSource Wealth Advisors LLC increased its position 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 acquiring an additional 324 shares in the last quarter. Brown Brothers Harriman & Co. raised its holdings in Yum China by 33.5% in the 4th quarter. Brown Brothers Harriman & Co. now owns 1,735 shares of the company's stock worth $84,000 after acquiring an additional 435 shares during the last quarter. Finally, Signaturefd LLC lifted its position in Yum China by 32.7% in the 4th quarter. Signaturefd LLC now owns 1,825 shares of the company's stock valued at $88,000 after acquiring an additional 450 shares in the last quarter. Hedge funds and other institutional investors own 85.58% of the company's stock.

Insider Buying and Selling at Yum China

In other news, insider Jeff Kuai sold 3,900 shares of the firm's stock in a transaction dated 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 owns 56,602 shares of the company's stock, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Leila Zhang sold 4,000 shares of the business's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $50.59, for a total value 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. This trade represents a 7.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,152 shares of company stock valued at $2,242,176. Insiders own 0.30% of the company's stock.

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Wall Street Analyst Weigh In

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

Yum China Stock Performance

Shares of YUMC traded down $2.47 during mid-day trading on Monday, hitting $45.46. 5,701,509 shares of the company traded hands, compared to its average volume of 2,859,562. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $53.99. 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 stock has a 50-day moving average price of $49.38 and a two-hundred day moving average price of $47.33. The stock has a market cap of $17.10 billion, a price-to-earnings ratio of 19.51, a P/E/G ratio of 1.72 and a beta of 0.32.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.30 earnings per share 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%. Equities analysts anticipate that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.11%. The ex-dividend date was Thursday, March 6th. This is a boost from Yum China's previous quarterly dividend of $0.16. Yum China's dividend 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.