Lansforsakringar Fondforvaltning AB publ Invests $7.90 Million in Yum China Holdings, Inc. (NYSE:YUMC)

Lansforsakringar Fondforvaltning AB publ bought a new position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 163,867 shares of the company's stock, valued at approximately $7,903,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Yum China during the 4th quarter valued at approximately $46,445,000. RedJay Asset Management Inc. purchased a new stake in Yum China during the 4th quarter valued at approximately $6,021,000. Mackenzie Financial Corp grew its holdings in Yum China by 2.3% during the 4th quarter. Mackenzie Financial Corp now owns 588,561 shares of the company's stock valued at $28,351,000 after buying an additional 13,215 shares in the last quarter. GF Fund Management CO. LTD. purchased a new stake in Yum China during the 4th quarter valued at approximately $6,486,000. Finally, Public Employees Retirement System of Ohio grew its holdings in Yum China by 14.7% during the 4th quarter. Public Employees Retirement System of Ohio now owns 758,657 shares of the company's stock valued at $36,545,000 after buying an additional 97,360 shares in the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Yum China

In other Yum China news, CEO Joey Wat sold 37,252 shares of Yum China stock in a transaction dated 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 transaction, the chief executive officer now owns 382,657 shares in the company, valued at $19,021,879.47. The trade was a 8.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 completion of the transaction, the chief technology officer now 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. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on YUMC shares. Daiwa America raised shares of Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. Wall Street Zen lowered shares of Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $48.70.

Yum China Trading Down 2.6%

YUMC traded down $1.15 during trading on Friday, reaching $43.62. The company had a trading volume of 4,283,357 shares, compared to its average volume of 2,939,787. The stock has a market cap of $16.28 billion, a P/E ratio of 18.72, a PEG ratio of 1.72 and a beta of 0.27. The business has a 50 day simple moving average of $45.54 and a 200-day simple moving average of $47.03. 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.

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

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th will be given 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 yield of 2.20%. Yum China's dividend payout ratio is presently 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.