MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Sells 37,100 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH reduced its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 39.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 57,500 shares of the company’s stock after selling 37,100 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH’s holdings in Yum China were worth $2,281,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in YUMC. Mather Group LLC. bought a new position in Yum China during the 1st quarter valued at about $26,000. Johnson Financial Group Inc. raised 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 acquiring an additional 870 shares during the last quarter. Anchor Investment Management LLC bought a new position in shares of Yum China in the fourth quarter worth about $40,000. BOCHK Asset Management Ltd bought a new position in shares of Yum China in the fourth quarter worth about $42,000. Finally, Wetzel Investment Advisors Inc. bought a new position in shares of Yum China in the fourth quarter worth about $48,000. 85.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Yum China Stock Down 0.3 %

Shares of NYSE YUMC opened at $30.44 on Wednesday. The stock has a market cap of $11.86 billion, a P/E ratio of 15.30, a P/E/G ratio of 1.18 and a beta of 0.33. The firm has a 50 day moving average price of $35.69 and a 200 day moving average price of $38.16. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.24 and a current ratio of 1.39. Yum China Holdings, Inc. has a 52-week low of $30.32 and a 52-week high of $61.99.

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

Yum China Announces Dividend

The company also recently disclosed 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. This represents a $0.64 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend was Friday, May 24th. Yum China’s dividend payout ratio is currently 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.