Yum China Holdings, Inc. (NYSE:YUMC) Holdings Lowered by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its holdings in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 4.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,757 shares of the company's stock after selling 6,095 shares during the period. PNC Financial Services Group Inc.'s holdings in Yum China were worth $6,202,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Farther Finance Advisors LLC raised its position in shares of Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock valued at $38,000 after purchasing an additional 258 shares in the last quarter. Atria Investments Inc raised its position in shares of Yum China by 1.2% during the 4th quarter. Atria Investments Inc now owns 23,074 shares of the company's stock valued at $1,111,000 after acquiring an additional 273 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in shares of Yum China by 4.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company's stock valued at $298,000 after acquiring an additional 276 shares in the last quarter. D.A. Davidson & CO. raised its position in shares of Yum China by 1.3% during the 3rd quarter. D.A. Davidson & CO. now owns 23,692 shares of the company's stock valued at $1,067,000 after acquiring an additional 304 shares in the last quarter. Finally, Hanson & Doremus Investment Management raised its position in shares of Yum China by 0.5% during the 4th quarter. Hanson & Doremus Investment Management now owns 57,104 shares of the company's stock valued at $2,751,000 after acquiring an additional 307 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

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Insider Transactions at Yum China

In related 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 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 $2,728,782.42. This trade represents a 6.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Leila Zhang sold 4,000 shares of the firm's stock in a transaction dated 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 directly owns 52,075 shares of the company's stock, valued at $2,634,474.25. This represents a 7.13 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 45,152 shares of company stock valued at $2,242,176. 0.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

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

Yum China Stock Performance

YUMC traded up $2.44 during trading on Friday, reaching $51.53. 3,496,614 shares of the company were exchanged, compared to its average volume of 2,782,903. The stock has a market cap of $19.38 billion, a P/E ratio of 22.11, a PEG ratio of 1.72 and a beta of 0.35. The firm has a 50 day moving average of $46.92 and a 200 day moving average of $45.33. 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 52 week low of $28.50 and a 52 week high of $52.00.

Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. On average, sell-side analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.24 dividend. This is a boost from Yum China's previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 1.86%. Yum China's dividend payout ratio is presently 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.