Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lessened its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 5.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,201 shares of the company’s stock after selling 383 shares during the period. Oppenheimer & Co. Inc.’s holdings in Yum China were worth $299,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Waverton Investment Management Ltd boosted its holdings in shares of Yum China by 350.7% in the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock valued at $189,202,000 after buying an additional 3,270,560 shares in the last quarter. Janus Henderson Group PLC acquired a new position in shares of Yum China in the 3rd quarter valued at $2,177,000. GSA Capital Partners LLP boosted its holdings in shares of Yum China by 100.2% in the 3rd quarter. GSA Capital Partners LLP now owns 35,760 shares of the company’s stock valued at $1,610,000 after buying an additional 17,898 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Yum China by 21.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 2,510,386 shares of the company’s stock valued at $113,017,000 after buying an additional 441,252 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of Yum China by 16.6% in the 4th quarter. Asset Management One Co. Ltd. now owns 56,896 shares of the company’s stock valued at $2,794,000 after buying an additional 8,101 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Analyst Ratings Changes

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

Yum China Stock Up 0.8 %

YUMC stock opened at $49.72 on Friday. The company has a fifty day moving average price of $46.67 and a 200 day moving average price of $44.76. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company has a market cap of $18.70 billion, a price-to-earnings ratio of 21.34, a price-to-earnings-growth ratio of 1.72 and a beta of 0.35. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. Sell-side analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be given a $0.24 dividend. This is an increase from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 annualized dividend and a yield of 1.93%. Yum China’s dividend payout ratio is 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 shares were sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the completion of the transaction, the chief executive officer now owns 382,657 shares in the company, valued at approximately $19,021,879.47. This represents a 8.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 transaction of $188,019.00. Following the transaction, the insider now owns 56,602 shares of the company’s stock, valued at approximately $2,728,782.42. The trade was a 6.45 % decrease in their position. The disclosure for this sale can be found here. 0.30% of the stock is owned by insiders.

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.