23,400 Shares in Yum China Holdings, Inc. (NYSE:YUMC) Bought by Raiffeisen Bank International AG

Raiffeisen Bank International AG purchased a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 23,400 shares of the company’s stock, valued at approximately $1,123,000.

Several other hedge funds have also recently modified their holdings of YUMC. William Blair Investment Management LLC acquired a new stake in shares of Yum China during the fourth quarter worth $243,901,000. FMR LLC lifted its holdings in shares of Yum China by 138.5% during the fourth quarter. FMR LLC now owns 8,558,050 shares of the company’s stock worth $412,241,000 after purchasing an additional 4,969,073 shares during the period. Mawer Investment Management Ltd. acquired a new stake in shares of Yum China during the fourth quarter worth $203,179,000. Norges Bank acquired a new stake in shares of Yum China during the fourth quarter worth $199,722,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Yum China by 399.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company’s stock worth $179,556,000 after purchasing an additional 2,980,589 shares during the period. 85.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on YUMC shares. StockNews.com downgraded Yum China from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Daiwa America raised Yum China to a “strong-buy” rating in a report on Wednesday, April 9th. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $48.70.

Insider Activity

In other news, insider Jeff Kuai sold 3,900 shares of the firm’s stock in a transaction on Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the transaction, the insider now owns 56,602 shares in the company, valued at $2,728,782.42. This trade represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Joey Wat sold 37,252 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total value of $1,851,796.92. Following the completion of the transaction, the chief executive officer now owns 382,657 shares of the company’s stock, valued at approximately $19,021,879.47. This represents a 8.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 45,152 shares of company stock worth $2,242,176 over the last 90 days. 0.40% of the stock is currently owned by corporate insiders.

Yum China Price Performance

Yum China stock opened at $44.14 on Friday. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $53.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The business has a fifty day moving average of $47.23 and a two-hundred day moving average of $47.33. The company has a market cap of $16.55 billion, a P/E ratio of 18.94, a price-to-earnings-growth ratio of 1.72 and a beta of 0.27.

Yum China (NYSE:YUMC) last released its earnings results on Wednesday, April 30th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. The business had revenue of $2.98 billion during the quarter, compared to analyst estimates of $3.13 billion. During the same period last year, the business posted $0.71 EPS. Yum China’s revenue was up .8% compared to the same quarter last year. As a group, analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Wednesday, May 28th. Yum China’s dividend payout ratio is currently 40.17%.

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.