Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Keystone Investors PTE Ltd.

Keystone Investors PTE Ltd. reduced its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 36.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,404,273 shares of the company's stock after selling 809,487 shares during the quarter. Yum China comprises about 4.7% of Keystone Investors PTE Ltd.'s portfolio, making the stock its 9th biggest position. Keystone Investors PTE Ltd. owned 0.37% of Yum China worth $67,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Kentucky Trust Co bought a new position in Yum China in the 4th quarter valued at $29,000. EverSource Wealth Advisors LLC boosted its holdings in Yum China by 58.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after acquiring an additional 324 shares during the last quarter. Signaturefd LLC boosted its holdings in Yum China by 32.7% in the fourth quarter. Signaturefd LLC now owns 1,825 shares of the company's stock valued at $88,000 after acquiring an additional 450 shares during the last quarter. Independence Bank of Kentucky increased its position in Yum China by 1,374.5% in the fourth quarter. Independence Bank of Kentucky now owns 2,949 shares of the company's stock worth $142,000 after purchasing an additional 2,749 shares during the period. Finally, Flagship Wealth Advisors LLC bought a new stake in Yum China during the 4th quarter worth about $159,000. Institutional investors and hedge funds own 85.58% of the company's stock.

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Analysts Set New Price Targets

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

Yum China Trading Down 2.4 %

Shares of Yum China stock traded down $1.29 during trading on Friday, reaching $51.89. 1,755,276 shares of the company were exchanged, compared to its average volume of 2,806,097. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $53.99. The business has a 50-day moving average price of $48.71 and a 200-day moving average price of $46.64. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $19.52 billion, a price-to-earnings ratio of 22.27, a P/E/G ratio of 1.72 and a beta of 0.35.

Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.30 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%. Sell-side analysts anticipate that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued a $0.24 dividend. This is a positive change from Yum China's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 1.85%. Yum China's payout ratio is 41.20%.

Insider Activity at Yum China

In other Yum China news, CTO Leila Zhang sold 4,000 shares of Yum China stock in a transaction that occurred on Friday, March 14th. The shares were 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. The trade was a 7.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Joey Wat sold 37,252 shares of the firm's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the sale, the chief executive officer now owns 382,657 shares in the company, valued at approximately $19,021,879.47. The trade was a 8.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 45,152 shares of company stock worth $2,242,176 in the last quarter. Corporate 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.