Burgundy Asset Management Ltd. Sells 8,316 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Burgundy Asset Management Ltd. decreased its position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 21.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,727 shares of the company's stock after selling 8,316 shares during the quarter. Burgundy Asset Management Ltd.'s holdings in Yum China were worth $1,432,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. GeoWealth Management LLC grew its stake in shares of Yum China by 689.6% during the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock worth $25,000 after purchasing an additional 462 shares during the period. Kentucky Trust Co purchased a new position in shares of Yum China during the 4th quarter worth approximately $29,000. Graney & King LLC acquired a new stake in Yum China during the 4th quarter valued at $39,000. EverSource Wealth Advisors LLC raised its stake in Yum China by 58.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after purchasing an additional 324 shares during the last quarter. Finally, Atlas Capital Advisors Inc. purchased a new stake in Yum China in the 4th quarter worth approximately $48,000. 85.58% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Yum China news, CEO Joey Wat sold 37,252 shares of the stock in a transaction that occurred 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 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 transaction, the chief technology officer now directly owns 52,075 shares in the company, valued at $2,634,474.25. This trade represents a 7.13% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.40% of the company's stock.

Yum China Price Performance

NYSE:YUMC traded up $0.43 during mid-day trading on Wednesday, reaching $43.43. 873,176 shares of the stock were exchanged, compared to its average volume of 2,915,379. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average price of $46.01 and a 200 day moving average price of $47.11. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99. The firm has a market capitalization of $16.21 billion, a PE ratio of 18.64, a PEG ratio of 1.72 and a beta of 0.27.

Yum China (NYSE:YUMC - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.77 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. The business had revenue of $2.98 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter in the previous year, the firm earned $0.71 earnings per share. The firm's revenue for the quarter was up .8% compared to the same quarter last year. Research analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Wednesday, May 28th. Yum China's dividend payout ratio is presently 40.17%.

Analyst Ratings Changes

A number of research analysts have recently commented on YUMC shares. Daiwa America raised shares of Yum China to a "strong-buy" rating in a research note on Wednesday, April 9th. Wall Street Zen downgraded shares of Yum China from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $48.70.

Yum China 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.