Yum China Holdings, Inc. (NYSE:YUMC) is Pictet North America Advisors SA's 9th Largest Position

Pictet North America Advisors SA increased its position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 7.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 547,630 shares of the company's stock after purchasing an additional 39,972 shares during the quarter. Yum China makes up approximately 2.5% of Pictet North America Advisors SA's investment portfolio, making the stock its 9th largest position. Pictet North America Advisors SA owned about 0.14% of Yum China worth $26,262,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its holdings in shares of Yum China by 49.6% during the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company's stock worth $356,206,000 after purchasing an additional 2,609,494 shares during the last quarter. Waverton Investment Management Ltd increased its stake in shares of Yum China by 350.7% in the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company's stock worth $189,202,000 after acquiring an additional 3,270,560 shares during the last quarter. FMR LLC raised its holdings in shares of Yum China by 4,176.5% during the 3rd quarter. FMR LLC now owns 3,588,977 shares of the company's stock worth $161,576,000 after acquiring an additional 3,505,053 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of Yum China by 0.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,552,629 shares of the company's stock valued at $159,939,000 after purchasing an additional 11,535 shares during the period. Finally, Temasek Holdings Private Ltd raised its stake 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 purchasing an additional 1,120,054 shares during the period. Hedge funds and other institutional investors own 85.58% of the company's stock.

Yum China Stock Up 0.2 %

Shares of NYSE YUMC traded up $0.12 during midday trading on Tuesday, hitting $49.28. The company's stock had a trading volume of 2,256,314 shares, compared to its average volume of 2,394,363. 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 $18.71 billion, a price-to-earnings ratio of 21.15, a price-to-earnings-growth ratio of 1.50 and a beta of 0.33. The business's fifty day simple moving average is $46.87 and its two-hundred day simple moving average is $43.30. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $52.00.

Yum China (NYSE:YUMC - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. On average, equities analysts predict that Yum China Holdings, Inc. will post 2.55 EPS for the current year.

Yum China Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 1.95%. This is an increase from Yum China's previous quarterly dividend of $0.16. Yum China's payout ratio is currently 27.47%.

Insiders Place Their Bets

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the completion of the sale, the insider now directly owns 16,641 shares of the company's stock, valued at $789,948.27. The trade was a 27.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

YUMC has been the topic of several analyst reports. StockNews.com raised shares of Yum China from a "hold" rating to a "buy" rating in a research report on Monday. JPMorgan Chase & Co. raised Yum China from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $35.50 to $60.00 in a research note on Tuesday, November 5th. Four investment 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, Yum China presently has a consensus rating of "Buy" and a consensus price target of $49.57.

Yum China 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.