Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Matthews International Capital Management LLC

Matthews International Capital Management LLC decreased its holdings in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 15.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 752,924 shares of the company's stock after selling 140,304 shares during the period. Yum China accounts for approximately 7.4% of Matthews International Capital Management LLC's holdings, making the stock its 5th biggest holding. Matthews International Capital Management LLC owned 0.20% of Yum China worth $36,268,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in YUMC. Farther Finance Advisors LLC increased its position in shares of Yum China by 43.9% during the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company's stock worth $38,000 after acquiring an additional 258 shares during the period. McClarren Financial Advisors Inc. increased its position in shares of Yum China by 906.5% during the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company's stock worth $42,000 after acquiring an additional 834 shares during the period. Concord Wealth Partners increased its position in shares of Yum China by 56.9% during the third quarter. Concord Wealth Partners now owns 1,571 shares of the company's stock worth $71,000 after acquiring an additional 570 shares during the period. Eastern Bank purchased a new position in Yum China during the third quarter valued at approximately $103,000. Finally, Prospera Private Wealth LLC purchased a new position in Yum China during the third quarter valued at approximately $110,000. Institutional investors own 85.58% of the company's stock.

Insider Transactions at Yum China

In other news, insider Duoduo (Howard) Huang sold 6,377 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $47.47, for a total transaction of $302,716.19. Following the sale, the insider now directly owns 16,641 shares of the company's stock, valued at $789,948.27. This represents a 27.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.30% of the company's stock.

Yum China Stock Performance

Shares of NYSE:YUMC traded down $1.36 on Friday, hitting $46.23. 1,778,288 shares of the company were exchanged, compared to its average volume of 2,083,076. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $52.00. The stock's 50 day moving average price is $46.83 and its 200 day moving average price is $41.69. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $17.56 billion, a P/E ratio of 20.46, a price-to-earnings-growth ratio of 1.37 and a beta of 0.35.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. The business had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The business's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.59 earnings per share. Sell-side analysts predict that Yum China Holdings, Inc. will post 2.31 EPS for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend was Tuesday, November 26th. Yum China's payout ratio is currently 28.32%.

Analysts Set New Price Targets

YUMC has been the topic of several research reports. StockNews.com lowered shares of Yum China from a "buy" rating to a "hold" rating in a report on Friday, January 24th. JPMorgan Chase & Co. raised shares of Yum China from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Yum China currently has an average rating of "Buy" and an average target price of $49.57.

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.