Steward Partners Investment Advisory LLC Has $298,000 Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Steward Partners Investment Advisory LLC grew its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 4.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,180 shares of the company’s stock after buying an additional 276 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Yum China were worth $298,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. FMR LLC grew its holdings in shares of Yum China by 4,176.5% in the 3rd quarter. FMR LLC now owns 3,588,977 shares of the company’s stock worth $161,576,000 after purchasing an additional 3,505,053 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Yum China by 399.0% in the 4th quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company’s stock worth $179,556,000 after purchasing an additional 2,980,589 shares during the last quarter. Principal Financial Group Inc. grew its holdings in 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 acquiring an additional 2,609,494 shares during the last quarter. Temasek Holdings Private Ltd grew its holdings in Yum China by 61.4% during the 3rd quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company’s stock worth $132,492,000 after acquiring an additional 1,120,054 shares during the last quarter. Finally, Hhlr Advisors LTD. bought a new stake in Yum China during the 3rd quarter worth about $29,977,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Stock Up 5.0 %

Shares of NYSE:YUMC opened at $51.53 on Friday. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company’s 50-day moving average price is $46.92 and its two-hundred day moving average price is $45.24. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The firm has a market cap of $19.38 billion, a P/E ratio of 22.11, a P/E/G ratio of 1.72 and a beta of 0.35.

Yum China (NYSE:YUMC) last released its earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (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, research analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, March 6th. This is an increase from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 dividend on an annualized basis and a yield of 1.86%. Yum China’s dividend payout ratio is presently 41.20%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Yum China

In related news, CEO Joey Wat sold 37,252 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total value of $1,851,796.92. Following the sale, the chief executive officer now directly owns 382,657 shares in the company, valued at $19,021,879.47. This trade represents a 8.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Leila Zhang sold 4,000 shares of the stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $50.59, for a total transaction of $202,360.00. Following the completion of the sale, the chief technology officer now owns 52,075 shares in the company, valued at $2,634,474.25. This represents a 7.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 45,152 shares of company stock worth $2,242,176. Company insiders own 0.30% of the company’s stock.

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.