FIL Ltd Has $273.65 Million Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

FIL Ltd trimmed its position in Yum China Holdings, Inc. (NYSE:YUMC) by 10.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,680,811 shares of the company’s stock after selling 682,605 shares during the period. FIL Ltd’s holdings in Yum China were worth $273,651,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of YUMC. Kentucky Trust Co acquired a new stake in Yum China during the fourth quarter valued at approximately $29,000. Graney & King LLC acquired a new stake in shares of Yum China in the 4th quarter valued at $39,000. EverSource Wealth Advisors LLC increased its position in shares of Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock worth $42,000 after purchasing an additional 324 shares in the last quarter. Atlas Capital Advisors Inc. bought a new position in Yum China during the 4th quarter valued at about $48,000. Finally, Quadrant Capital Group LLC lifted its holdings in Yum China by 85.6% during the 4th quarter. Quadrant Capital Group LLC now owns 1,060 shares of the company’s stock valued at $51,000 after purchasing an additional 489 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Yum China from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th.

Insider Buying and Selling at Yum China

In other news, CEO Joey Wat sold 37,252 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer now owns 382,657 shares in the company, valued at approximately $19,021,879.47. This trade represents a 8.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeff Kuai sold 3,900 shares of the business’s stock in a transaction on Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the sale, the insider now owns 56,602 shares of the company’s stock, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 45,152 shares of company stock valued at $2,242,176 in the last quarter. 0.30% of the stock is currently owned by insiders.

Yum China Price Performance

Shares of YUMC opened at $45.46 on Tuesday. The company’s fifty day simple moving average is $49.38 and its 200 day simple moving average is $47.40. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99. The company has a market cap of $17.10 billion, a price-to-earnings ratio of 19.51, a PEG ratio of 1.72 and a beta of 0.32. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last posted 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 return on equity of 13.83% and a net margin of 8.06%. On average, research analysts forecast that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date was Thursday, March 6th. This is a boost from Yum China’s previous quarterly dividend of $0.16. Yum China’s dividend payout ratio is 41.20%.

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.