Mondrian Investment Partners LTD Sells 201,536 Shares of Yum China $YUMC

Mondrian Investment Partners LTD trimmed its holdings in Yum China (NYSE:YUMC) by 6.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,707,507 shares of the company’s stock after selling 201,536 shares during the quarter. Yum China accounts for 2.4% of Mondrian Investment Partners LTD’s portfolio, making the stock its 14th largest holding. Mondrian Investment Partners LTD’s holdings in Yum China were worth $111,279,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of YUMC. Principal Financial Group Inc. grew its stake in shares of Yum China by 3.0% in the first quarter. Principal Financial Group Inc. now owns 22,606,740 shares of the company’s stock worth $1,111,135,000 after acquiring an additional 649,629 shares during the last quarter. W1M Asset Management Ltd acquired a new position in Yum China during the 2nd quarter valued at $320,227,000. Bank of New York Mellon Corp acquired a new position in Yum China during the 2nd quarter valued at $146,826,000. Bank of America Corp DE acquired a new position in Yum China during the 2nd quarter valued at $96,255,000. Finally, Vontobel Holding Ltd. boosted its holdings in Yum China by 19.1% in the 3rd quarter. Vontobel Holding Ltd. now owns 2,120,887 shares of the company’s stock valued at $87,168,000 after purchasing an additional 339,552 shares during the period. 85.58% of the stock is owned by institutional investors.

Yum China Price Performance

Shares of YUMC stock opened at $44.52 on Friday. The stock has a 50 day moving average of $43.53 and a two-hundred day moving average of $44.68. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 0.01. Yum China has a 12 month low of $39.72 and a 12 month high of $58.39. The company has a market capitalization of $15.25 billion, a P/E ratio of 16.31, a P/E/G ratio of 1.17 and a beta of 0.07.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.03. The company had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.05 billion. Yum China had a return on equity of 15.82% and a net margin of 7.84%. Yum China’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.58 EPS. As a group, equities analysts expect that Yum China will post 2.95 EPS for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, August 27th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, August 27th. Yum China’s dividend payout ratio (DPR) is 42.49%.

Insider Buying and Selling at Yum China

In other Yum China news, insider Jeff Kuai sold 14,586 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $47.72, for a total value of $696,043.92. Following the sale, the insider owned 63,541 shares of the company’s stock, valued at $3,032,176.52. The trade was a 18.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Duoduo (Howard) Huang sold 24,096 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $47.08, for a total transaction of $1,134,439.68. Following the completion of the transaction, the insider owned 7,589 shares of the company’s stock, valued at approximately $357,290.12. This represents a 76.05% decrease in their position. The SEC filing for this sale provides additional information. 0.44% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on YUMC shares. Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a research report on Friday, August 21st. The Goldman Sachs Group restated a “buy” rating and set a $59.00 price objective on shares of Yum China in a report on Thursday, July 30th. Finally, Wall Street Zen lowered shares of Yum China from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.21.

Yum China Profile

Yum China Holdings, Inc is a restaurant company focused on operating and developing quick-service and casual-dining brands in China. Headquartered in Shanghai, the company serves customers across mainland China through a large network of company-owned and franchised restaurants, supported by digital ordering, delivery and loyalty platforms.

Its principal brands include KFC, Pizza Hut and Taco Bell, for which Yum China holds the exclusive rights to operate and franchise restaurants in China.