Sei Investments Co. Buys 30,631 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Sei Investments Co. raised its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 12.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 269,075 shares of the company's stock after buying an additional 30,631 shares during the period. Sei Investments Co. owned about 0.07% of Yum China worth $12,961,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Principal Financial Group Inc. raised its position in Yum China by 32.2% during the fourth quarter. Principal Financial Group Inc. now owns 10,397,321 shares of the company's stock valued at $500,841,000 after acquiring an additional 2,531,518 shares in the last quarter. William Blair Investment Management LLC bought a new position in shares of Yum China during the 4th quarter valued at $243,901,000. Bank of New York Mellon Corp lifted its stake in shares of Yum China by 399.0% in the 4th quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company's stock valued at $179,556,000 after purchasing an additional 2,980,589 shares during the last quarter. FMR LLC boosted its holdings in Yum China by 4,176.5% in the third quarter. FMR LLC now owns 3,588,977 shares of the company's stock worth $161,576,000 after purchasing an additional 3,505,053 shares in the last quarter. Finally, Temasek Holdings Private Ltd increased its position in Yum China by 61.4% during the third quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company's stock worth $132,492,000 after buying an additional 1,120,054 shares during the last quarter. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

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Yum China Stock Performance

Shares of NYSE YUMC traded up $0.33 during trading hours on Wednesday, hitting $53.28. 2,598,445 shares of the stock were exchanged, compared to its average volume of 2,808,608. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $53.99. The company's 50 day moving average is $49.18 and its 200 day moving average is $47.03. 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 firm has a market capitalization of $20.04 billion, a P/E ratio of 22.87, a P/E/G ratio of 1.72 and a beta of 0.32.

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 (EPS) 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, research analysts expect that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.24 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 1.80%. This is a positive change from Yum China's previous quarterly dividend of $0.16. Yum China's payout ratio is 41.20%.

Analysts Set New Price Targets

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

Insider Activity

In related news, CEO Joey Wat sold 37,252 shares of the company's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total value of $1,851,796.92. Following the completion of the transaction, the chief executive officer now directly owns 382,657 shares in the company, valued at approximately $19,021,879.47. This represents a 8.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Leila Zhang sold 4,000 shares of the firm's stock in a transaction 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 completion of the transaction, the chief technology officer now directly owns 52,075 shares of the company's stock, valued at approximately $2,634,474.25. This trade represents a 7.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 45,152 shares of company stock valued at $2,242,176. Insiders own 0.30% of the company's stock.

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.