Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Treasurer of the State of North Carolina

Treasurer of the State of North Carolina lessened its holdings in Yum China Holdings, Inc. (NYSE:YUMCFree Report) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,619 shares of the company’s stock after selling 1,490 shares during the quarter. Treasurer of the State of North Carolina’s holdings in Yum China were worth $4,269,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of YUMC. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Yum China in the third quarter worth $27,000. NBC Securities Inc. purchased a new position in shares of Yum China during the 3rd quarter valued at about $29,000. Johnson Financial Group Inc. boosted its stake in shares of Yum China by 3,107.1% in the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock worth $38,000 after buying an additional 870 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in Yum China during the fourth quarter worth about $40,000. Finally, Wetzel Investment Advisors Inc. purchased a new position in Yum China during the fourth quarter valued at approximately $48,000. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Stock Performance

NYSE:YUMC opened at $35.63 on Tuesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.24 and a current ratio of 1.39. The stock has a market capitalization of $13.88 billion, a PE ratio of 17.90, a P/E/G ratio of 1.69 and a beta of 0.39. Yum China Holdings, Inc. has a fifty-two week low of $33.55 and a fifty-two week high of $61.99. The company has a fifty day moving average of $37.93 and a two-hundred day moving average of $39.56.

Yum China (NYSE:YUMCGet Free Report) last released its quarterly earnings results on Monday, April 29th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.06. Yum China had a net margin of 7.49% and a return on equity of 11.90%. The firm had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter in the prior year, the firm earned $0.69 EPS. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. As a group, research analysts forecast that Yum China Holdings, Inc. will post 2.18 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 Tuesday, June 18th. Stockholders of record on Tuesday, May 28th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date is Friday, May 24th. Yum China’s dividend payout ratio is presently 32.16%.

Analysts Set New Price Targets

Separately, HSBC lowered their target price on shares of Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a research note on Wednesday, March 6th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $54.65.

Check Out Our Latest Analysis on Yum China

Yum China Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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