Prudential Financial Inc. Has $7.45 Million Position in Yum China Holdings, Inc. (NYSE:YUMC)

Prudential Financial Inc. boosted its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 514.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,727 shares of the company's stock after acquiring an additional 129,557 shares during the quarter. Prudential Financial Inc.'s holdings in Yum China were worth $7,453,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Atria Investments Inc increased 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 worth $1,111,000 after purchasing an additional 273 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of Yum China by 4.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company's stock worth $298,000 after buying an additional 276 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of Yum China by 1.3% during the third quarter. D.A. Davidson & CO. now owns 23,692 shares of the company's stock worth $1,067,000 after buying an additional 304 shares in the last quarter. Hanson & Doremus Investment Management boosted its holdings in shares of Yum China by 0.5% in the 4th quarter. Hanson & Doremus Investment Management now owns 57,104 shares of the company's stock worth $2,751,000 after acquiring an additional 307 shares in the last quarter. Finally, First Citizens Bank & Trust Co. grew its position in Yum China by 2.2% during the 4th quarter. First Citizens Bank & Trust Co. now owns 14,054 shares of the company's stock worth $677,000 after acquiring an additional 309 shares during the last quarter. 85.58% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

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

Yum China Price Performance

Shares of YUMC traded down $1.01 during mid-day trading on Thursday, hitting $52.27. 1,534,295 shares of the company traded hands, compared to its average volume of 2,535,547. The business has a 50-day moving average of $49.18 and a 200 day moving average of $47.03. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $53.99. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $19.66 billion, a price-to-earnings ratio of 22.43, a PEG ratio of 1.72 and a beta of 0.32.

Yum China (NYSE:YUMC - Get Free Report) last released its earnings results 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%. As a group, equities analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend was Thursday, March 6th. This is a boost from Yum China's previous quarterly dividend of $0.16. Yum China's dividend payout ratio is 41.20%.

Insider Activity

In other Yum China news, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction on Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, the insider now directly owns 56,602 shares in the company, valued at approximately $2,728,782.42. The trade was a 6.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Leila Zhang sold 4,000 shares of the stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $50.59, for a total value of $202,360.00. Following the completion of 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 45,152 shares of company stock worth $2,242,176 over the last three months. 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.