Burgundy Asset Management Ltd. Has $1.43 Million Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Burgundy Asset Management Ltd. trimmed its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 21.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). 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 reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Asset Management One Co. Ltd. increased its position in Yum China by 16.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 56,896 shares of the company's stock worth $2,794,000 after purchasing an additional 8,101 shares in the last quarter. Jupiter Asset Management Ltd. acquired a new position in Yum China during the 4th quarter worth approximately $31,836,000. AXA S.A. increased its position in Yum China by 34.4% during the 4th quarter. AXA S.A. now owns 31,286 shares of the company's stock worth $1,507,000 after purchasing an additional 8,016 shares in the last quarter. Inspire Investing LLC acquired a new position in Yum China during the 4th quarter worth approximately $809,000. Finally, Merit Financial Group LLC acquired a new position in Yum China during the 4th quarter worth approximately $322,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Yum China

In other news, CTO Leila Zhang sold 4,000 shares of the stock in a transaction 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 directly 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Joey Wat sold 37,252 shares of the stock in a transaction 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 sale, the chief executive officer now owns 382,657 shares of the company's stock, valued at approximately $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. Corporate insiders own 0.40% of the company's stock.

Yum China Trading Down 0.6%

Shares of NYSE YUMC opened at $42.53 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $53.99. The firm has a 50 day moving average price of $46.64 and a two-hundred day moving average price of $47.27. The stock has a market cap of $15.88 billion, a P/E ratio of 18.25, a price-to-earnings-growth ratio of 1.72 and a beta of 0.27.

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

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.26%. The ex-dividend date is Wednesday, May 28th. Yum China's dividend payout ratio (DPR) is currently 40.17%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on YUMC shares. Wall Street Zen cut shares of Yum China from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Daiwa America upgraded shares of Yum China to a "strong-buy" rating in a research report on Wednesday, April 9th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Yum China currently has an average 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.

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