California State Teachers Retirement System Trims Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

California State Teachers Retirement System lessened its position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 43.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,166 shares of the company's stock after selling 33,158 shares during the quarter. California State Teachers Retirement System's holdings in Yum China were worth $2,079,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Choreo LLC boosted its holdings in Yum China by 9.4% during the 4th quarter. Choreo LLC now owns 4,634 shares of the company's stock valued at $223,000 after acquiring an additional 399 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Yum China by 4.8% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 16,458 shares of the company's stock worth $793,000 after buying an additional 749 shares during the period. Kingsview Wealth Management LLC lifted its holdings in shares of Yum China by 15.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 6,623 shares of the company's stock worth $319,000 after buying an additional 892 shares during the period. American Capital Advisory LLC lifted its holdings in shares of Yum China by 22.0% in the 4th quarter. American Capital Advisory LLC now owns 19,752 shares of the company's stock worth $951,000 after buying an additional 3,567 shares during the period. Finally, Empowered Funds LLC purchased a new stake in shares of Yum China in the 4th quarter worth $856,000. Hedge funds and other institutional investors own 85.58% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on YUMC. Daiwa America upgraded Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. Wall Street Zen cut Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Yum China has a consensus rating of "Buy" and an average price target of $48.70.

Insiders Place Their Bets

In other news, CTO Leila Zhang sold 4,000 shares of Yum China stock in a transaction on Friday, March 14th. The stock was sold at an average price of $50.59, for a total value of $202,360.00. Following the completion of the sale, the chief technology officer now directly 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.40% of the stock is owned by insiders.

Yum China Stock Performance

Shares of YUMC traded up $0.16 during mid-day trading on Wednesday, reaching $44.93. The company had a trading volume of 2,149,329 shares, compared to its average volume of 2,928,929. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week 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 stock has a market capitalization of $16.77 billion, a P/E ratio of 19.28, a PEG ratio of 1.72 and a beta of 0.28. The stock has a 50 day moving average of $44.22 and a two-hundred day moving average of $46.83.

Yum China (NYSE:YUMC - Get Free Report) last released its earnings results 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 firm had revenue of $2.98 billion during the quarter, compared to analysts' expectations of $3.13 billion. Yum China had a net margin of 8.06% and a return on equity of 13.83%. The business's revenue was up .8% compared to the same quarter last year. During the same quarter last year, the business earned $0.71 EPS. On average, analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.14%. Yum China's payout ratio is 40.17%.

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.