Invesco Ltd. Sells 2,473,296 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Invesco Ltd. trimmed its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 42.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,326,874 shares of the company’s stock after selling 2,473,296 shares during the quarter. Invesco Ltd. owned 0.88% of Yum China worth $160,256,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kentucky Trust Co bought a new stake in Yum China during the 4th quarter worth approximately $29,000. Graney & King LLC acquired a new position in shares of Yum China in the fourth quarter valued at approximately $39,000. EverSource Wealth Advisors LLC increased its position in shares of Yum China by 58.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock worth $42,000 after acquiring an additional 324 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in shares of Yum China during the fourth quarter worth $48,000. Finally, Quadrant Capital Group LLC lifted its position in Yum China by 85.6% in the 4th quarter. Quadrant Capital Group LLC now owns 1,060 shares of the company’s stock valued at $51,000 after acquiring an additional 489 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Stock Performance

Shares of YUMC opened at $44.35 on Friday. 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 12 month low of $28.50 and a 12 month high of $53.99. The firm has a fifty day simple moving average of $49.25 and a 200 day simple moving average of $47.58. The stock has a market capitalization of $16.68 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 1.72 and a beta of 0.32.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. Research analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were given a dividend of $0.24 per share. This is a positive change from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date was Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 2.16%. Yum China’s payout ratio is 41.20%.

Wall Street Analysts Forecast Growth

YUMC has been the subject of a number of research reports. StockNews.com cut Yum China from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Daiwa America upgraded Yum China to a “strong-buy” rating in a report on Wednesday. One analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $48.70.

Insider Transactions at Yum China

In other news, insider Jeff Kuai sold 3,900 shares of the company’s stock in a transaction dated Monday, February 17th. The shares were 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 approximately $2,728,782.42. This represents a 6.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Leila Zhang sold 4,000 shares of the firm’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $50.59, for a total transaction of $202,360.00. Following the completion of the sale, the chief technology officer now owns 52,075 shares of the company’s stock, valued at $2,634,474.25. This trade represents a 7.13 % 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 90 days. Corporate insiders own 0.30% of the company’s stock.

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.