Bank of Montreal Can Has $10.51 Million Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Bank of Montreal Can trimmed its position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 8.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 218,183 shares of the company's stock after selling 20,358 shares during the quarter. Bank of Montreal Can owned approximately 0.06% of Yum China worth $10,510,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. increased its holdings in shares of Yum China by 32.2% in the fourth quarter. Principal Financial Group Inc. now owns 10,397,321 shares of the company's stock valued at $500,841,000 after purchasing an additional 2,531,518 shares during the last quarter. FMR LLC grew its stake in Yum China by 138.5% in the 4th quarter. FMR LLC now owns 8,558,050 shares of the company's stock valued at $412,241,000 after buying an additional 4,969,073 shares during the last quarter. William Blair Investment Management LLC bought a new position in Yum China in the 4th quarter valued at about $243,901,000. Arrowstreet Capital Limited Partnership lifted its position in Yum China by 117.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,751,662 shares of the company's stock worth $228,890,000 after acquiring an additional 2,570,419 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in shares of Yum China by 95.6% during the fourth quarter. Wellington Management Group LLP now owns 4,580,430 shares of the company's stock worth $220,644,000 after acquiring an additional 2,238,720 shares during the period. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. StockNews.com lowered Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Daiwa America upgraded Yum China to a "strong-buy" rating in a research report on Wednesday, April 9th. One research 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $48.70.

Yum China Stock Performance

Shares of NYSE:YUMC traded down $2.62 on Friday, reaching $41.33. 6,305,054 shares of the company's stock were exchanged, compared to its average volume of 2,959,913. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $53.99. The company has a fifty day moving average of $48.92 and a 200-day moving average of $47.53. The company has a market capitalization of $15.50 billion, a price-to-earnings ratio of 17.74, a PEG ratio of 1.72 and a beta of 0.32.

Yum China (NYSE:YUMC - Get Free Report) last posted 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 return on equity of 13.83% and a net margin of 8.06%. On average, research analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend was Thursday, March 6th. This is an increase from Yum China's previous quarterly dividend of $0.16. Yum China's payout ratio is 41.20%.

Insider Buying and Selling

In other news, CTO Leila Zhang sold 4,000 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the completion of the transaction, the chief technology officer now owns 52,075 shares of the company's stock, valued at approximately $2,634,474.25. The trade was a 7.13 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Joey Wat sold 37,252 shares of the firm's stock in a transaction dated 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 completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 45,152 shares of company stock valued at $2,242,176 over the last quarter. 0.30% of the stock is owned by company 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.