Vanguard Group Inc. Sells 321,157 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Vanguard Group Inc. trimmed its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 2.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,043,156 shares of the company's stock after selling 321,157 shares during the quarter. Vanguard Group Inc. owned 3.96% of Yum China worth $719,396,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Atria Investments Inc grew its holdings in shares of Yum China by 1.2% during the fourth quarter. Atria Investments Inc now owns 23,074 shares of the company's stock worth $1,111,000 after buying an additional 273 shares in the last quarter. Steward Partners Investment Advisory LLC grew 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 purchasing an additional 276 shares in the last quarter. D.A. Davidson & CO. increased its stake in Yum China by 1.3% in the 3rd 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 during the last quarter. Hanson & Doremus Investment Management lifted its position in Yum China by 0.5% during the 4th quarter. Hanson & Doremus Investment Management now owns 57,104 shares of the company's stock worth $2,751,000 after buying an additional 307 shares in the last quarter. Finally, First Citizens Bank & Trust Co. boosted its stake in shares of 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 buying an additional 309 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

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Yum China Stock Down 1.6 %

YUMC traded down $0.83 during trading on Thursday, reaching $52.45. 2,860,678 shares of the stock were exchanged, compared to its average volume of 2,561,363. 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's 50 day moving average price is $49.18 and its two-hundred day moving average price is $47.03. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $53.99. The stock has a market cap of $19.73 billion, a P/E ratio of 22.51, a price-to-earnings-growth ratio of 1.72 and a beta of 0.32.

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

Yum China Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.24 per share. This is an increase from Yum China's previous quarterly dividend of $0.16. This represents a $0.96 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend was Thursday, March 6th. Yum China's payout ratio is currently 41.20%.

Wall Street Analysts Forecast Growth

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

Insider Activity at Yum China

In other news, CTO Leila Zhang sold 4,000 shares of the company's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $50.59, for a total value of $202,360.00. Following the transaction, the chief technology officer now owns 52,075 shares of the company's stock, valued at approximately $2,634,474.25. This represents a 7.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction that occurred on Monday, February 17th. The stock was 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 of the company's stock, valued at approximately $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 45,152 shares of company stock worth $2,242,176. Company insiders own 0.30% of the company's stock.

Yum China 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.