Rhumbline Advisers Sells 9,502 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Rhumbline Advisers lessened its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 13.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 62,846 shares of the company's stock after selling 9,502 shares during the period. Rhumbline Advisers' holdings in Yum China were worth $3,027,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Principal Financial Group Inc. increased its holdings in Yum China by 49.6% during the third quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company's stock worth $356,206,000 after buying an additional 2,609,494 shares during the last quarter. Waverton Investment Management Ltd increased its stake in shares of Yum China by 350.7% in the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company's stock worth $189,202,000 after purchasing an additional 3,270,560 shares in the last quarter. FMR LLC increased its stake in shares of Yum China by 4,176.5% in the third quarter. FMR LLC now owns 3,588,977 shares of the company's stock worth $161,576,000 after purchasing an additional 3,505,053 shares in the last quarter. Temasek Holdings Private Ltd increased its stake in shares of Yum China by 61.4% in the third quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company's stock worth $132,492,000 after purchasing an additional 1,120,054 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in shares of Yum China by 21.3% in the third quarter. Thrivent Financial for Lutherans now owns 2,510,386 shares of the company's stock worth $113,017,000 after purchasing an additional 441,252 shares in the last quarter. Hedge funds and other institutional investors own 85.58% of the company's stock.

Insider Transactions at Yum China

In other news, insider Jeff Kuai sold 3,900 shares of the business's stock in a transaction that occurred 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 completion of 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 legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.30% of the company's stock.

Yum China Price Performance

Yum China stock traded down $0.39 during mid-day trading on Monday, hitting $49.02. 3,608,178 shares of the company traded hands, compared to its average volume of 2,825,090. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $52.00. The stock has a market cap of $18.62 billion, a price-to-earnings ratio of 21.04, a price-to-earnings-growth ratio of 1.72 and a beta of 0.33. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The stock has a fifty day moving average price of $46.69 and a 200-day moving average price of $44.29.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. On average, equities analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.96%. This is a positive change from Yum China's previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 6th. Yum China's payout ratio is presently 41.20%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. StockNews.com downgraded shares of Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. upgraded shares of Yum China from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Yum China presently has an average rating of "Buy" and an average target price of $49.57.

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.