MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Sells 37,100 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH trimmed its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 39.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,500 shares of the company's stock after selling 37,100 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's holdings in Yum China were worth $2,281,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GUARDCAP ASSET MANAGEMENT Ltd lifted its position in shares of Yum China by 2.4% during the fourth quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 8,833,955 shares of the company's stock worth $374,825,000 after purchasing an additional 208,264 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Yum China by 4.5% during the third quarter. Royal Bank of Canada now owns 7,819,136 shares of the company's stock worth $435,682,000 after purchasing an additional 337,033 shares in the last quarter. FIL Ltd lifted its position in shares of Yum China by 8.3% during the fourth quarter. FIL Ltd now owns 7,584,264 shares of the company's stock worth $322,139,000 after purchasing an additional 582,792 shares in the last quarter. Norges Bank acquired a new position in shares of Yum China during the fourth quarter worth $265,777,000. Finally, Schroder Investment Management Group lifted its position in shares of Yum China by 23.3% during the third quarter. Schroder Investment Management Group now owns 4,847,238 shares of the company's stock worth $270,088,000 after purchasing an additional 916,418 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Yum China Stock Up 3.0 %

Shares of NYSE:YUMC traded up $0.91 during midday trading on Wednesday, reaching $31.34. The company had a trading volume of 1,420,090 shares, compared to its average volume of 3,197,362. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.24. The stock's fifty day moving average price is $35.54 and its 200-day moving average price is $38.12. The stock has a market capitalization of $12.21 billion, a P/E ratio of 15.75, a PEG ratio of 1.18 and a beta of 0.33. Yum China Holdings, Inc. has a one year low of $30.32 and a one year high of $61.99.

Yum China (NYSE:YUMC - Get Free Report) last released its earnings results on Monday, April 29th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.06. Yum China had a net margin of 7.49% and a return on equity of 11.90%. The firm had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the previous year, the firm earned $0.69 earnings per share. The firm's revenue for the quarter was up 1.4% compared to the same quarter last year. Equities research analysts expect that Yum China Holdings, Inc. will post 2.18 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 28th were paid a dividend of $0.16 per share. The ex-dividend date was Friday, May 24th. This represents a $0.64 annualized dividend and a yield of 2.04%. Yum China's payout ratio is 32.16%.

Analyst Ratings Changes

Separately, HSBC dropped their price target on shares of Yum China from $66.80 to $51.30 and set a "buy" rating for the company in a research note on Wednesday, March 6th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Yum China has an average rating of "Moderate Buy" and an average price target of $54.65.

About Yum China

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.