Yum China Holdings, Inc. (NYSE:YUMC) Position Decreased by Westpac Banking Corp

Westpac Banking Corp cut its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 49.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,945 shares of the company’s stock after selling 2,916 shares during the period. Westpac Banking Corp’s holdings in Yum China were worth $142,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in YUMC. Kentucky Trust Co acquired a new stake in shares of Yum China during the 4th quarter valued at $29,000. Graney & King LLC acquired a new position in shares of Yum China in the 4th quarter valued at $39,000. EverSource Wealth Advisors LLC increased its stake in Yum China by 58.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock worth $42,000 after purchasing an additional 324 shares in the last quarter. Brown Brothers Harriman & Co. raised its holdings in Yum China by 33.5% during the 4th quarter. Brown Brothers Harriman & Co. now owns 1,735 shares of the company’s stock worth $84,000 after buying an additional 435 shares during the period. Finally, Signaturefd LLC lifted its stake in Yum China by 32.7% during the fourth quarter. Signaturefd LLC now owns 1,825 shares of the company’s stock valued at $88,000 after buying an additional 450 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors.

Insider Activity

In other Yum China news, CTO Leila Zhang sold 4,000 shares of the business’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $50.59, for a total value of $202,360.00. Following the transaction, the chief technology officer now owns 52,075 shares in the company, valued at $2,634,474.25. The trade was a 7.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jeff Kuai sold 3,900 shares of the firm’s stock in a transaction dated Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, the insider now directly owns 56,602 shares of the company’s stock, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 45,152 shares of company stock worth $2,242,176 in the last ninety days. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Yum China Stock Down 8.9 %

NYSE:YUMC opened at $47.93 on Friday. The business’s fifty day moving average price is $49.38 and its 200 day moving average price is $47.16. The firm has a market capitalization of $18.03 billion, a price-to-earnings ratio of 20.57, a PEG ratio of 1.72 and a beta of 0.32. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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, sell-side analysts forecast that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.24 per share. This is a boost from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 annualized dividend and a dividend yield of 2.00%. The ex-dividend date was Thursday, March 6th. Yum China’s payout ratio is currently 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.