Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Rhumbline Advisers

Rhumbline Advisers reduced its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 19.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,918 shares of the company’s stock after selling 11,928 shares during the period. Rhumbline Advisers’ holdings in Yum China were worth $2,651,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. GeoWealth Management LLC boosted its stake in shares of Yum China by 689.6% during the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company’s stock worth $25,000 after purchasing an additional 462 shares during the last quarter. Graney & King LLC purchased a new position in shares of Yum China during the 4th quarter worth about $39,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock worth $42,000 after acquiring an additional 324 shares during the period. Atlas Capital Advisors Inc. purchased a new position in shares of Yum China during the 4th quarter worth about $48,000. Finally, Banque de Luxembourg S.A. purchased a new position in shares of Yum China during the 4th quarter worth about $49,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on YUMC shares. Daiwa America upgraded shares of Yum China to a “strong-buy” rating in a report on Wednesday, April 9th. Wall Street Zen lowered shares of Yum China from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $48.70.

Yum China Trading Down 2.5%

Shares of YUMC stock opened at $43.55 on Monday. The stock has a market cap of $16.26 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 1.72 and a beta of 0.28. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $53.99. The firm’s 50 day moving average price is $44.20 and its two-hundred day moving average price is $46.80.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). The business had revenue of $2.98 billion for the quarter, compared to analyst estimates of $3.13 billion. Yum China had a net margin of 8.06% and a return on equity of 13.83%. The company’s quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the firm earned $0.71 earnings per share. On average, analysts anticipate that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.20%. Yum China’s dividend payout ratio (DPR) is 40.17%.

Yum China 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.