Oaktree Capital Management LP Has $42.29 Million Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Oaktree Capital Management LP decreased its position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 877,830 shares of the company's stock after selling 99,076 shares during the period. Yum China makes up approximately 0.8% of Oaktree Capital Management LP's holdings, making the stock its 28th biggest position. Oaktree Capital Management LP owned 0.23% of Yum China worth $42,285,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in YUMC. Kentucky Trust Co acquired a new position in Yum China during the 4th quarter worth $29,000. Graney & King LLC acquired a new position 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 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after purchasing an additional 324 shares during the period. Brown Brothers Harriman & Co. lifted its holdings in shares of Yum China by 33.5% in the fourth quarter. Brown Brothers Harriman & Co. now owns 1,735 shares of the company's stock valued at $84,000 after buying an additional 435 shares during the period. Finally, Signaturefd LLC boosted its stake in Yum China by 32.7% during the fourth quarter. Signaturefd LLC now owns 1,825 shares of the company's stock valued at $88,000 after buying an additional 450 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

Yum China Stock Down 1.2 %

NYSE:YUMC traded down $0.64 during trading hours on Thursday, hitting $52.64. 2,605,035 shares of the stock traded hands, compared to its average volume of 2,554,104. The firm has a market cap of $19.80 billion, a price-to-earnings ratio of 22.59, a PEG ratio of 1.72 and a beta of 0.32. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $53.99. The firm has a 50 day moving average price of $49.18 and a 200 day moving average price of $47.03.

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

Yum China Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were given a $0.24 dividend. This is a positive change from Yum China's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.82%. Yum China's dividend payout ratio (DPR) is currently 41.20%.

Insider Buying and Selling

In other news, insider Jeff Kuai sold 3,900 shares of the company's stock in a transaction dated Monday, February 17th. The shares were sold at an average price of $48.21, for a total transaction of $188,019.00. Following the completion of the transaction, the insider now owns 56,602 shares of the company's stock, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Joey Wat sold 37,252 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 382,657 shares of the company's stock, valued at approximately $19,021,879.47. The trade was a 8.87 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 45,152 shares of company stock valued at $2,242,176. Company insiders own 0.30% of the company's stock.

Wall Street Analyst Weigh In

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

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.