Orion Portfolio Solutions LLC Decreases Stake in Yum China Holdings, Inc. (NYSE:YUMC)

Orion Portfolio Solutions LLC reduced its stake in Yum China Holdings, Inc. (NYSE:YUMCFree Report) by 55.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,515 shares of the company’s stock after selling 17,152 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Yum China were worth $546,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. GUARDCAP ASSET MANAGEMENT Ltd raised its position in shares of Yum China by 2.4% in the 4th quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 8,833,955 shares of the company’s stock valued at $374,825,000 after purchasing an additional 208,264 shares during the last quarter. Royal Bank of Canada raised its position in shares of Yum China by 4.5% in the 3rd quarter. Royal Bank of Canada now owns 7,819,136 shares of the company’s stock valued at $435,682,000 after purchasing an additional 337,033 shares during the last quarter. Norges Bank purchased a new position in shares of Yum China in the 4th quarter valued at approximately $265,777,000. Schroder Investment Management Group raised its position in Yum China by 23.3% during the 3rd quarter. Schroder Investment Management Group now owns 4,847,238 shares of the company’s stock worth $270,088,000 after buying an additional 916,418 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in Yum China by 5.2% during the 4th quarter. Principal Financial Group Inc. now owns 3,965,911 shares of the company’s stock worth $168,381,000 after buying an additional 194,808 shares during the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, HSBC reduced their price target on shares of Yum China from $66.80 to $51.30 and set a “buy” rating for the company in a research report on Wednesday, March 6th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Yum China currently has a consensus rating of “Moderate Buy” and an average target price of $54.65.

Check Out Our Latest Stock Report on Yum China

Yum China Stock Performance

YUMC opened at $36.07 on Thursday. The company has a current ratio of 1.39, a quick ratio of 1.24 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $14.05 billion, a PE ratio of 18.13, a P/E/G ratio of 1.68 and a beta of 0.39. The firm has a 50 day moving average of $37.81 and a two-hundred day moving average of $39.46. Yum China Holdings, Inc. has a 12-month low of $33.55 and a 12-month high of $61.99.

Yum China (NYSE:YUMCGet Free Report) last posted its earnings results on Monday, April 29th. The company reported $0.71 earnings per share for the quarter, beating 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 analyst estimates of $3.05 billion. During the same period in the previous year, the firm earned $0.69 EPS. The business’s quarterly revenue was up 1.4% on a year-over-year basis. On average, analysts anticipate that Yum China Holdings, Inc. will post 2.18 EPS for the current year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Investors of record on Tuesday, May 28th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Friday, May 24th. This represents a $0.64 dividend on an annualized basis and a yield of 1.77%. Yum China’s dividend payout ratio is currently 32.16%.

About Yum China

(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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