AlphaQuest LLC Decreases Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

AlphaQuest LLC trimmed its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 67.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,179 shares of the company's stock after selling 6,654 shares during the period. AlphaQuest LLC's holdings in Yum China were worth $153,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Barings LLC lifted its position in shares of Yum China by 31.5% during the 4th quarter. Barings LLC now owns 536,787 shares of the company's stock valued at $25,858,000 after acquiring an additional 128,739 shares during the period. AMF Tjanstepension AB raised its position in shares of Yum China by 48.4% during the 4th quarter. AMF Tjanstepension AB now owns 13,810 shares of the company's stock worth $665,000 after purchasing an additional 4,506 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Yum China during the 4th quarter worth approximately $325,000. Bank Julius Baer & Co. Ltd Zurich raised its position in shares of Yum China by 1.6% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 25,417 shares of the company's stock worth $1,351,000 after purchasing an additional 410 shares during the last quarter. Finally, E Fund Management Co. Ltd. acquired a new position in shares of Yum China during the 4th quarter worth approximately $10,730,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Trading Down 0.5 %

YUMC traded down $0.24 during trading on Friday, hitting $52.29. The company's stock had a trading volume of 2,055,535 shares, compared to its average volume of 2,755,231. The firm's 50 day moving average price is $47.65 and its 200-day moving average price is $45.79. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The stock has a market cap of $19.67 billion, a PE ratio of 22.44, a PEG ratio of 1.72 and a beta of 0.35. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $53.99.

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Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.30 earnings per share 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, analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a $0.24 dividend. The ex-dividend date is Thursday, March 6th. This is an increase from Yum China's previous quarterly dividend of $0.16. This represents a $0.96 annualized dividend and a yield of 1.84%. Yum China's payout ratio is 41.20%.

Insider Buying and Selling at Yum China

In other news, CEO Joey Wat sold 37,252 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the completion of the sale, the chief executive officer now directly owns 382,657 shares of the company's stock, valued at $19,021,879.47. The trade was a 8.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jeff Kuai sold 3,900 shares of the business's stock in a transaction on Monday, February 17th. The shares were sold at an average price of $48.21, for a total transaction of $188,019.00. Following the sale, the insider now directly owns 56,602 shares of the company's stock, valued at $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 45,152 shares of company stock worth $2,242,176. Insiders own 0.30% of the company's stock.

Wall Street Analyst Weigh In

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

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.