Yum China Holdings, Inc. (NYSE:YUMC) is Oaktree Fund Advisors LLC’s 9th Largest Position

Oaktree Fund Advisors LLC cut its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,987 shares of the company’s stock after selling 13,821 shares during the period. Yum China makes up 4.7% of Oaktree Fund Advisors LLC’s holdings, making the stock its 9th biggest holding. Oaktree Fund Advisors LLC’s holdings in Yum China were worth $2,793,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. William Blair Investment Management LLC acquired a new position in Yum China during the 4th quarter worth about $243,901,000. Norges Bank acquired a new stake in shares of Yum China during the fourth quarter worth about $199,722,000. FMR LLC boosted its stake in shares of Yum China by 4,176.5% in the third quarter. FMR LLC now owns 3,588,977 shares of the company’s stock valued at $161,576,000 after purchasing an additional 3,505,053 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Yum China by 399.0% in the fourth quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company’s stock valued at $179,556,000 after purchasing an additional 2,980,589 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Yum China by 49.6% in the third quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock valued at $356,206,000 after purchasing an additional 2,609,494 shares in the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Insider Transactions at Yum China

In other news, insider Jeff Kuai sold 3,900 shares of the company’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 transaction, the insider now owns 56,602 shares in the company, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Joey Wat sold 37,252 shares of Yum China stock in a transaction 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 sale, the chief executive officer now owns 382,657 shares in the company, valued at $19,021,879.47. This represents a 8.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 45,152 shares of company stock valued at $2,242,176. 0.30% of the stock is currently owned by corporate insiders.

Yum China Stock Performance

Shares of YUMC opened at $51.89 on Friday. The stock has a 50-day simple moving average of $48.71 and a 200-day simple moving average of $46.64. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $53.99. The stock has a market capitalization of $19.52 billion, a PE ratio of 22.27, a PEG ratio of 1.72 and a beta of 0.35.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing the consensus estimate 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, analysts predict 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. Shareholders of record on Thursday, March 6th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.85%. This is an increase from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date was Thursday, March 6th. Yum China’s 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.