480,850 Shares in Yum China Holdings, Inc. (NYSE:YUMC) Acquired by Fullerton Fund Management Co Ltd.

Fullerton Fund Management Co Ltd. bought a new position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 480,850 shares of the company's stock, valued at approximately $23,164,000. Fullerton Fund Management Co Ltd. owned approximately 0.13% of Yum China as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the stock. Oliver Luxxe Assets LLC purchased a new position in shares of Yum China during the 4th quarter valued at about $4,146,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Yum China by 1.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 21,720 shares of the company's stock valued at $978,000 after purchasing an additional 329 shares in the last quarter. Procyon Advisors LLC grew its position in Yum China by 3.8% during the fourth quarter. Procyon Advisors LLC now owns 14,544 shares of the company's stock valued at $701,000 after buying an additional 538 shares during the period. Merit Financial Group LLC purchased a new stake in shares of Yum China during the 4th quarter worth about $322,000. Finally, Atomi Financial Group Inc. boosted its position in Yum China by 85.4% during the fourth quarter. Atomi Financial Group Inc. now owns 13,564 shares of the company's stock worth $653,000 after purchasing an additional 6,247 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company's stock.

Analysts Set New Price Targets

YUMC has been the subject of several recent research reports. Daiwa America raised Yum China to a "strong-buy" rating in a research note on Wednesday, April 9th. StockNews.com cut shares of Yum China from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Yum China presently has an average rating of "Buy" and a consensus target price of $48.70.

Yum China Trading Down 5.2%

Shares of NYSE YUMC traded down $2.46 during trading on Thursday, hitting $44.45. 1,932,575 shares of the company traded hands, compared to its average volume of 2,923,478. The company has a 50-day moving average price of $47.43 and a 200-day moving average price of $47.33. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $53.99. 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 capitalization of $16.67 billion, a P/E ratio of 19.09, a P/E/G ratio of 1.72 and a beta of 0.27.

Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $2.98 billion for the quarter, compared to analyst estimates of $3.13 billion. Yum China had a return on equity of 13.83% and a net margin of 8.06%. Yum China's revenue was up .8% on a year-over-year basis. During the same period in the prior year, the business earned $0.71 earnings per share. On average, equities analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.16%. Yum China's dividend payout ratio (DPR) is presently 40.17%.

Insider Activity

In other news, CEO Joey Wat sold 37,252 shares of the firm's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total value of $1,851,796.92. Following the completion of the sale, the chief executive officer now owns 382,657 shares of the company's stock, valued at $19,021,879.47. This trade represents a 8.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CTO Leila Zhang sold 4,000 shares of Yum China stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $50.59, for a total value of $202,360.00. Following the transaction, the chief technology officer now directly owns 52,075 shares in the company, valued at approximately $2,634,474.25. This trade represents a 7.13% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 45,152 shares of company stock valued at $2,242,176. Insiders own 0.40% 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.