Swedbank AB Sells 9,300 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Swedbank AB decreased its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 4.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,372 shares of the company's stock after selling 9,300 shares during the period. Swedbank AB owned 0.06% of Yum China worth $10,278,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. FMR LLC boosted its holdings in shares of Yum China by 4,176.5% during the 3rd quarter. FMR LLC now owns 3,588,977 shares of the company's stock worth $161,576,000 after buying an additional 3,505,053 shares in the last quarter. Waverton Investment Management Ltd grew its holdings in 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 during the period. Principal Financial Group Inc. increased its stake in Yum China by 49.6% in the third quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company's stock valued at $356,206,000 after purchasing an additional 2,609,494 shares in the last quarter. Temasek Holdings Private Ltd raised its holdings in shares of Yum China by 61.4% during the third quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company's stock valued at $132,492,000 after purchasing an additional 1,120,054 shares during the period. Finally, Hhlr Advisors LTD. bought a new position in shares of Yum China during the 3rd quarter worth about $29,977,000. Institutional investors and hedge funds own 85.58% of the company's stock.

Insider Buying and Selling

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the business's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $47.47, for a total value of $302,716.19. Following the sale, the insider now directly owns 16,641 shares in the company, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.30% of the stock is currently owned by corporate insiders.

Yum China Stock Down 2.9 %

Shares of NYSE:YUMC traded down $1.36 during mid-day trading on Friday, hitting $46.23. 1,778,622 shares of the company traded hands, compared to its average volume of 1,919,030. The stock has a market cap of $17.56 billion, a P/E ratio of 20.46, a P/E/G ratio of 1.37 and a beta of 0.35. The stock has a 50-day moving average price of $46.82 and a two-hundred day moving average price of $41.86. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00. 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 (NYSE:YUMC - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The company had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period last year, the business posted $0.59 earnings per share. Yum China's revenue was up 5.4% on a year-over-year basis. On average, equities research analysts forecast that Yum China Holdings, Inc. will post 2.31 earnings per share for the current year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $0.64 annualized dividend and a yield of 1.38%. Yum China's payout ratio is currently 28.32%.

Wall Street Analyst Weigh In

YUMC has been the topic of a number of recent research reports. JPMorgan Chase & Co. upgraded Yum China from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. StockNews.com upgraded shares of Yum China from a "hold" rating to a "buy" rating in a report on Saturday. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $49.57.

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.