Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by First Trust Direct Indexing L.P.

First Trust Direct Indexing L.P. decreased its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 47.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,253 shares of the company’s stock after selling 4,659 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in Yum China were worth $223,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC raised its position in shares of Yum China by 2.6% during the third quarter. Commonwealth Equity Services LLC now owns 96,830 shares of the company’s stock worth $5,395,000 after purchasing an additional 2,461 shares during the period. Stratos Wealth Partners LTD. purchased a new position in Yum China in the 3rd quarter worth about $465,000. Brown Advisory Inc. raised its holdings in Yum China by 2.2% during the 3rd quarter. Brown Advisory Inc. now owns 16,053 shares of the company’s stock worth $894,000 after buying an additional 339 shares during the period. Verdence Capital Advisors LLC purchased a new stake in Yum China during the third quarter valued at about $213,000. Finally, IFM Investors Pty Ltd boosted its holdings in shares of Yum China by 33.1% in the third quarter. IFM Investors Pty Ltd now owns 26,540 shares of the company’s stock worth $1,479,000 after buying an additional 6,603 shares during the period. Institutional investors own 85.58% of the company’s stock.

Yum China Price Performance

Shares of Yum China stock opened at $37.30 on Thursday. The company has a current ratio of 1.42, a quick ratio of 1.24 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 1 year low of $33.55 and a 1 year high of $62.56. The stock has a 50-day moving average price of $39.32 and a 200 day moving average price of $40.94. The company has a market cap of $14.62 billion, a P/E ratio of 18.74, a P/E/G ratio of 1.77 and a beta of 0.46.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Monday, April 29th. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.06. Yum China had a net margin of 7.49% and a return on equity of 11.65%. The business had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same period in the prior year, the firm earned $0.69 earnings per share. The firm’s revenue was up 1.4% compared to the same quarter last year. As a group, analysts expect that Yum China Holdings, Inc. will post 2.19 EPS for the current fiscal year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Stockholders of record on Tuesday, May 28th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend is Friday, May 24th. Yum China’s dividend payout ratio is currently 32.16%.

Analyst Ratings Changes

Separately, HSBC cut their price target on shares of Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a report on Wednesday, March 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $54.65.

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.