Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main trimmed its position in Yum China Holdings, Inc. (NYSE:YUMC) by 6.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 141,000 shares of the company’s stock after selling 10,100 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main’s holdings in Yum China were worth $6,792,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. raised its holdings in Yum China by 32.2% in the 4th quarter. Principal Financial Group Inc. now owns 10,397,321 shares of the company’s stock valued at $500,841,000 after buying an additional 2,531,518 shares during the period. FMR LLC raised its stake in shares of Yum China by 138.5% in the 4th quarter. FMR LLC now owns 8,558,050 shares of the company’s stock valued at $412,241,000 after acquiring an additional 4,969,073 shares during the period. William Blair Investment Management LLC acquired a new position in shares of Yum China in the 4th quarter worth approximately $243,901,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Yum China by 117.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,751,662 shares of the company’s stock worth $228,890,000 after purchasing an additional 2,570,419 shares during the period. Finally, Wellington Management Group LLP increased its holdings in Yum China by 95.6% in the 4th quarter. Wellington Management Group LLP now owns 4,580,430 shares of the company’s stock valued at $220,644,000 after purchasing an additional 2,238,720 shares during the last quarter. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Insiders Place Their Bets

In other Yum China news, insider Jeff Kuai sold 3,900 shares of the stock in a transaction that occurred 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 transaction, the insider now directly owns 56,602 shares in the company, valued at $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Leila Zhang sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the sale, the chief technology officer now owns 52,075 shares of the company’s stock, valued at $2,634,474.25. This represents a 7.13 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 45,152 shares of company stock worth $2,242,176 in the last 90 days. Corporate insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on YUMC. Daiwa America upgraded Yum China to a “strong-buy” rating in a research note on Wednesday, April 9th. StockNews.com lowered Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $48.70.

Yum China Stock Performance

NYSE:YUMC opened at $44.15 on Friday. The company has a market cap of $16.56 billion, a price-to-earnings ratio of 18.95, a price-to-earnings-growth ratio of 1.72 and a beta of 0.27. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $53.99. The company has a fifty day simple moving average of $47.63 and a two-hundred day simple moving average of $47.28.

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

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.17%. 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.