Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB decreased its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 3.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 835,379 shares of the company's stock after selling 32,507 shares during the quarter. Nordea Investment Management AB owned approximately 0.22% of Yum China worth $40,541,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its position in Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock valued at $38,000 after purchasing an additional 258 shares during the period. McClarren Financial Advisors Inc. raised its stake in 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 in the last quarter. National Bank of Canada FI lifted its holdings in Yum China by 140.3% during the second quarter. National Bank of Canada FI now owns 1,490 shares of the company's stock worth $45,000 after buying an additional 870 shares during the period. Studio Investment Management LLC boosted its position in Yum China by 28.6% during the 2nd quarter. Studio Investment Management LLC now owns 2,274 shares of the company's stock valued at $70,000 after acquiring an additional 506 shares in the last quarter. Finally, Concord Wealth Partners boosted its position in Yum China by 56.9% during the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company's stock valued at $71,000 after acquiring an additional 570 shares in the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on YUMC. JPMorgan Chase & Co. upgraded Yum China from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Citigroup raised shares of Yum China to a "strong-buy" rating in a research report on Monday, September 30th. Finally, StockNews.com raised shares of Yum China from a "hold" rating to a "buy" rating in a report on Saturday, December 21st. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $49.57.

Insider Activity at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the company's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $47.47, for a total value of $302,716.19. Following the sale, the insider now directly owns 16,641 shares of the company's stock, valued at approximately $789,948.27. This represents a 27.70 % 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. 0.30% of the stock is owned by insiders.

Yum China Stock Performance

Shares of Yum China stock traded down $1.18 during midday trading on Wednesday, hitting $43.63. The company had a trading volume of 2,763,092 shares, compared to its average volume of 2,524,174. The company has a fifty day simple moving average of $47.89 and a 200 day simple moving average of $40.24. The stock has a market cap of $16.57 billion, a price-to-earnings ratio of 19.31, a PEG ratio of 1.76 and a beta of 0.35. 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 Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $52.00.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.09. The business 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 business's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the company posted $0.59 earnings per share. As a group, analysts predict that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend was Tuesday, November 26th. Yum China's dividend payout ratio (DPR) is 28.32%.

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.