Bank of New York Mellon Corp Has $31.70 Million Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Bank of New York Mellon Corp lessened its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 34.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,027,881 shares of the company's stock after selling 538,041 shares during the period. Bank of New York Mellon Corp owned 0.26% of Yum China worth $31,700,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of YUMC. Mather Group LLC. acquired a new position in shares of Yum China in the 1st quarter valued at $26,000. Johnson Financial Group Inc. grew its holdings in shares of Yum China by 3,107.1% in the 4th quarter. Johnson Financial Group Inc. now owns 898 shares of the company's stock valued at $38,000 after buying an additional 870 shares during the period. LRI Investments LLC acquired a new position in shares of Yum China in the 1st quarter valued at $36,000. Pathway Financial Advisers LLC acquired a new position in shares of Yum China in the 1st quarter valued at $39,000. Finally, BOCHK Asset Management Ltd acquired a new position in shares of Yum China in the 4th quarter valued at $42,000. Institutional investors and hedge funds own 85.58% of the company's stock.

Insider Activity

In other news, insider Jeff Kuai bought 3,900 shares of the company's stock in a transaction dated Tuesday, August 13th. The shares were bought at an average cost of $32.72 per share, with a total value of $127,608.00. Following the acquisition, the insider now owns 3,900 shares in the company, valued at $127,608. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Jeff Kuai purchased 3,900 shares of the firm's stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the purchase, the insider now owns 3,900 shares in the company, valued at $127,608. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Warton Wang purchased 3,700 shares of the firm's stock in a transaction that occurred on Friday, August 16th. The stock was bought at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the purchase, the insider now owns 25,023 shares in the company, valued at approximately $867,547.41. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 18,400 shares of company stock valued at $619,671. 0.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Macquarie raised shares of Yum China from an "underperform" rating to an "outperform" rating and boosted their price target for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Yum China presently has a consensus rating of "Moderate Buy" and an average price target of $51.20.

Yum China Stock Down 0.6 %

YUMC traded down $0.19 during trading on Wednesday, hitting $33.66. The company had a trading volume of 2,073,970 shares, compared to its average volume of 3,067,969. The company has a market capitalization of $13.12 billion, a PE ratio of 16.91, a PEG ratio of 1.39 and a beta of 0.33. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $58.21. The firm's 50-day moving average price is $31.91 and its 200 day moving average price is $35.95. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings results on Monday, August 5th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.47 by $0.08. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The firm had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.76 billion. During the same period in the previous year, the firm posted $0.47 EPS. The company's revenue for the quarter was up .9% on a year-over-year basis. As a group, equities analysts expect that Yum China Holdings, Inc. will post 2.22 earnings per share for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, August 27th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.90%. Yum China's payout ratio is 32.16%.

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.