US Bancorp DE Boosts Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

US Bancorp DE boosted its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 40.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,821 shares of the company’s stock after buying an additional 9,155 shares during the period. US Bancorp DE’s holdings in Yum China were worth $1,533,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of YUMC. Farther Finance Advisors LLC boosted its holdings in shares of Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after purchasing an additional 258 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Yum China by 22.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 55,056 shares of the company’s stock worth $2,479,000 after purchasing an additional 10,169 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of Yum China during the 3rd quarter worth approximately $220,000. M&G PLC boosted its holdings in shares of Yum China by 1,290.2% during the 3rd quarter. M&G PLC now owns 147,727 shares of the company’s stock worth $6,648,000 after purchasing an additional 137,101 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of Yum China by 49.6% during the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock worth $356,206,000 after purchasing an additional 2,609,494 shares during the last quarter. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Yum China Trading Up 0.8 %

YUMC opened at $49.72 on Friday. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $52.00. The stock has a market capitalization of $18.70 billion, a PE ratio of 21.34, a P/E/G ratio of 1.72 and a beta of 0.35. The business’s 50 day moving average price is $46.67 and its 200 day moving average price is $44.76. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. As a group, equities research analysts expect that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This is a boost from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 dividend on an annualized basis and a yield of 1.93%. Yum China’s dividend payout ratio is currently 41.20%.

Insider Activity at Yum China

In other Yum China news, CEO Joey Wat sold 37,252 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the transaction, the chief executive officer now directly owns 382,657 shares in the company, valued at $19,021,879.47. This represents a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeff Kuai sold 3,900 shares of the company’s stock in a transaction on Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the transaction, the insider now owns 56,602 shares in the company, valued at $2,728,782.42. This trade represents a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, StockNews.com cut Yum China from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th.

Yum China Company 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.