Nisa Investment Advisors LLC Has $2.69 Million Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Nisa Investment Advisors LLC trimmed its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 2.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 63,410 shares of the company’s stock after selling 1,600 shares during the period. Nisa Investment Advisors LLC’s holdings in Yum China were worth $2,690,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of YUMC. American Century Companies Inc. boosted its stake in Yum China by 237.1% during the 3rd quarter. American Century Companies Inc. now owns 559,994 shares of the company’s stock valued at $31,203,000 after purchasing an additional 393,881 shares during the last quarter. DAVENPORT & Co LLC purchased a new stake in Yum China in the 4th quarter valued at $1,655,000. XY Capital Ltd lifted its stake in Yum China by 1,325.8% during the 3rd quarter. XY Capital Ltd now owns 107,650 shares of the company’s stock valued at $5,998,000 after acquiring an additional 100,100 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Yum China by 17.5% in the 4th quarter. Nordea Investment Management AB now owns 369,621 shares of the company’s stock worth $15,657,000 after acquiring an additional 54,958 shares in the last quarter. Finally, New Silk Road Investment PTE Ltd. raised its holdings in shares of Yum China by 9.7% in the third quarter. New Silk Road Investment PTE Ltd. now owns 207,841 shares of the company’s stock valued at $11,581,000 after purchasing an additional 18,300 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on YUMC. Deutsche Bank Aktiengesellschaft began coverage on shares of Yum China in a research note on Tuesday, December 19th. They issued a “buy” rating and a $58.00 price objective for the company. HSBC cut their price objective on Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a research report on Wednesday, March 6th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $38.00 target price (down from $65.00) on shares of Yum China in a research report on Thursday, January 4th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.65.

Yum China Stock Performance

Shares of YUMC opened at $37.35 on Friday. Yum China Holdings, Inc. has a 1 year low of $33.55 and a 1 year high of $64.65. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.42 and a quick ratio of 1.24. The stock’s fifty day moving average price is $40.40 and its two-hundred day moving average price is $43.06. The firm has a market cap of $14.64 billion, a PE ratio of 19.05, a PEG ratio of 1.45 and a beta of 0.45.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.12. The business had revenue of $2.49 billion for the quarter, compared to analysts’ expectations of $2.32 billion. Yum China had a return on equity of 11.63% and a net margin of 7.53%. The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.13 EPS. On average, equities research analysts forecast that Yum China Holdings, Inc. will post 2.19 EPS for the current year.

Yum China Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Tuesday, March 5th were issued a $0.16 dividend. The ex-dividend date of this dividend was Monday, March 4th. This is an increase from Yum China’s previous quarterly dividend of $0.13. This represents a $0.64 annualized dividend and a yield of 1.71%. Yum China’s dividend payout ratio (DPR) is 32.65%.

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.