Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP lessened its stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 11.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,341,710 shares of the company's stock after selling 304,589 shares during the period. Wellington Management Group LLP owned about 0.62% of Yum China worth $105,424,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its stake in shares of Yum China by 43.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock worth $38,000 after buying an additional 258 shares during the last quarter. McClarren Financial Advisors Inc. raised its stake in shares of Yum China by 906.5% in the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company's stock worth $42,000 after buying an additional 834 shares during the period. Eagle Bay Advisors LLC grew its stake in shares of Yum China by 53.7% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company's stock valued at $34,000 after acquiring an additional 380 shares during the period. National Bank of Canada FI raised its position in shares of Yum China by 140.3% during the 2nd quarter. National Bank of Canada FI now owns 1,490 shares of the company's stock valued at $45,000 after purchasing an additional 870 shares during the period. Finally, Concord Wealth Partners increased its stake in Yum China by 56.9% in the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company's stock worth $71,000 after buying an additional 570 shares in the last quarter. Hedge funds and other institutional investors own 85.58% of the company's stock.

Wall Street Analysts Forecast Growth

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

Yum China Stock Down 3.8 %

NYSE:YUMC traded down $1.93 during midday trading on Tuesday, reaching $49.07. 1,947,321 shares of the stock traded hands, compared to its average volume of 3,173,238. 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 market capitalization of $18.63 billion, a PE ratio of 22.55, a price-to-earnings-growth ratio of 1.72 and a beta of 0.36. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00. The business has a 50-day moving average of $46.89 and a two-hundred day moving average of $38.20.

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

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a dividend of $0.16 per share. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.30%. Yum China's payout ratio is 28.32%.

Insider Transactions at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the 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 owns 16,641 shares of the company's stock, valued at $789,948.27. This trade represents a 27.70 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.30% of the company's stock.

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.