Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Quadrature Capital Ltd

Quadrature Capital Ltd trimmed its position in Yum China Holdings, Inc. (NYSE:YUMC) by 26.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,255 shares of the company’s stock after selling 4,872 shares during the period. Quadrature Capital Ltd’s holdings in Yum China were worth $562,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of YUMC. Norges Bank bought a new position in Yum China in the fourth quarter worth about $265,777,000. Dodge & Cox lifted its holdings in Yum China by 23,769.2% in the fourth quarter. Dodge & Cox now owns 3,165,531 shares of the company’s stock worth $134,313,000 after acquiring an additional 3,152,269 shares during the last quarter. PBCay One RSC Ltd bought a new position in Yum China in the fourth quarter worth about $42,891,000. Schroder Investment Management Group lifted its holdings in Yum China by 23.3% in the third quarter. Schroder Investment Management Group now owns 4,847,238 shares of the company’s stock worth $270,088,000 after acquiring an additional 916,418 shares during the last quarter. Finally, FIL Ltd lifted its holdings in Yum China by 8.3% in the fourth quarter. FIL Ltd now owns 7,584,264 shares of the company’s stock worth $322,139,000 after acquiring an additional 582,792 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

Wall Street Analyst Weigh In

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

Yum China Stock Performance

YUMC opened at $32.25 on Friday. The business’s 50 day moving average is $36.55 and its 200-day moving average is $38.61. The stock has a market cap of $12.57 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 1.53 and a beta of 0.39. The company has a current ratio of 1.39, a quick ratio of 1.24 and a debt-to-equity ratio of 0.28. Yum China Holdings, Inc. has a twelve month low of $31.95 and a twelve month high of $61.99.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Monday, April 29th. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.06. Yum China had a return on equity of 11.90% and a net margin of 7.49%. The company had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter in the previous year, the company posted $0.69 earnings per share. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. On average, analysts predict that Yum China Holdings, Inc. will post 2.18 earnings per share for the current year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Investors of record on Tuesday, May 28th were issued a dividend of $0.16 per share. The ex-dividend date was Friday, May 24th. This represents a $0.64 annualized dividend and a yield of 1.98%. Yum China’s payout ratio is 32.16%.

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.