Polen Capital Management LLC Sells 124,857 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Polen Capital Management LLC reduced its stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 59.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 85,998 shares of the company's stock after selling 124,857 shares during the quarter. Polen Capital Management LLC's holdings in Yum China were worth $4,143,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of YUMC. Atria Investments Inc boosted its position in Yum China by 1.2% in the fourth quarter. Atria Investments Inc now owns 23,074 shares of the company's stock valued at $1,111,000 after buying an additional 273 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in Yum China by 4.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company's stock valued at $298,000 after buying an additional 276 shares in the last quarter. D.A. Davidson & CO. boosted its position in Yum China by 1.3% in the third quarter. D.A. Davidson & CO. now owns 23,692 shares of the company's stock valued at $1,067,000 after buying an additional 304 shares in the last quarter. Hanson & Doremus Investment Management boosted its position in Yum China by 0.5% in the fourth quarter. Hanson & Doremus Investment Management now owns 57,104 shares of the company's stock valued at $2,751,000 after buying an additional 307 shares in the last quarter. Finally, First Citizens Bank & Trust Co. boosted its position in Yum China by 2.2% in the fourth quarter. First Citizens Bank & Trust Co. now owns 14,054 shares of the company's stock valued at $677,000 after buying an additional 309 shares in the last quarter. 85.58% of the stock is owned by institutional investors.

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Yum China Trading Down 1.9 %

NYSE YUMC traded down $1.04 during mid-day trading on Thursday, reaching $52.59. 1,619,093 shares of the stock were exchanged, compared to its average volume of 2,762,422. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $53.99. The stock has a 50 day simple moving average of $47.47 and a 200-day simple moving average of $45.75. The stock has a market cap of $19.78 billion, a P/E ratio of 22.57, a P/E/G ratio of 1.72 and a beta of 0.35. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15.

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

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a $0.24 dividend. This is an increase from Yum China's previous quarterly dividend of $0.16. This represents a $0.96 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Thursday, March 6th. Yum China's payout ratio is 41.20%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Yum China

In other Yum China news, CEO Joey Wat sold 37,252 shares of Yum China stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total value of $1,851,796.92. Following the completion of the sale, the chief executive officer now directly 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Leila Zhang sold 4,000 shares of the business's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the sale, the chief technology officer now directly owns 52,075 shares of the company's stock, valued at approximately $2,634,474.25. The trade was 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. Corporate insiders own 0.30% of the company's stock.

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.