Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 17.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,384,128 shares of the company's stock after selling 706,680 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.89% of Yum China worth $152,353,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Massachusetts Financial Services Co. MA increased its position in shares of Yum China by 1.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 11,967,353 shares of the company's stock worth $369,073,000 after acquiring an additional 121,617 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Yum China by 49.6% in the 3rd 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. Mondrian Investment Partners LTD lifted its position in Yum China by 56.3% in the 2nd quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company's stock valued at $133,203,000 after purchasing an additional 1,582,859 shares during the last quarter. Waverton Investment Management Ltd increased its stake in Yum China by 350.7% during the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company's stock valued at $189,202,000 after buying an additional 3,270,560 shares during the period. Finally, FMR LLC increased its stake in Yum China by 4,176.5% during the 3rd quarter. FMR LLC now owns 3,588,977 shares of the company's stock valued at $161,576,000 after buying an additional 3,505,053 shares during the period. Hedge funds and other institutional investors own 85.58% of the company's stock.

Insider Transactions at Yum China

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the completion of the sale, the insider now directly owns 16,641 shares of the company's stock, valued at approximately $789,948.27. This trade represents a 27.70 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.30% of the company's stock.

Yum China Stock Down 0.5 %

NYSE YUMC traded down $0.23 on Friday, reaching $46.55. The company had a trading volume of 1,306,704 shares, compared to its average volume of 2,514,496. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00. The stock has a market capitalization of $17.68 billion, a P/E ratio of 20.60, a P/E/G ratio of 1.65 and a beta of 0.36. The company's fifty day moving average is $46.08 and its 200 day moving average is $37.79. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.09. The firm had revenue of $3.07 billion for the quarter, compared to analysts' expectations of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The company's revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.59 EPS. Sell-side analysts anticipate that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.37%. The ex-dividend date is Tuesday, November 26th. Yum China's dividend payout ratio (DPR) is 28.32%.

Analysts Set New Price Targets

Several research firms have recently weighed in on YUMC. StockNews.com raised shares of Yum China from a "hold" rating to a "buy" rating in a research report on Friday, November 15th. Macquarie raised shares of Yum China from an "underperform" rating to an "outperform" rating and boosted their target price for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Citigroup upgraded shares of Yum China to a "strong-buy" rating in a research report on Monday, September 30th. Finally, JPMorgan Chase & Co. raised shares of Yum China from a "neutral" rating to an "overweight" rating and raised their target price for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $51.68.

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.