SG Americas Securities LLC Sells 49,281 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

SG Americas Securities LLC lessened its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 36.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 85,500 shares of the company's stock after selling 49,281 shares during the period. SG Americas Securities LLC's holdings in Yum China were worth $4,451,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its holdings in Yum China by 399.1% during the first quarter. Farther Finance Advisors LLC now owns 3,314 shares of the company's stock valued at $175,000 after purchasing an additional 2,650 shares during the last quarter. Wesbanco Bank Inc. acquired a new position in Yum China during the first quarter valued at approximately $203,000. Patriot Financial Group Insurance Agency LLC grew its holdings in Yum China by 11.1% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 8,532 shares of the company's stock valued at $444,000 after purchasing an additional 855 shares during the last quarter. Gateway Investment Advisers LLC acquired a new position in Yum China during the first quarter valued at approximately $902,000. Finally, Procyon Advisors LLC grew its holdings in Yum China by 7.0% during the first quarter. Procyon Advisors LLC now owns 15,558 shares of the company's stock valued at $810,000 after purchasing an additional 1,014 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on YUMC shares. Daiwa America upgraded Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. Wall Street Zen downgraded Yum China from a "buy" rating to a "hold" rating in a 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $48.70.

Yum China Stock Performance

Shares of Yum China stock traded down $1.10 during midday trading on Friday, hitting $43.55. The company had a trading volume of 1,582,120 shares, compared to its average volume of 2,924,982. The business's 50 day simple moving average is $44.20 and its two-hundred day simple moving average is $46.80. The stock has a market cap of $16.26 billion, a PE ratio of 18.69, a P/E/G ratio of 1.72 and a beta of 0.28. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99.

Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings data 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). The company had revenue of $2.98 billion during the quarter, compared to analyst estimates of $3.13 billion. Yum China had a return on equity of 13.83% and a net margin of 8.06%. The company's revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.71 EPS. As a group, equities analysts predict that Yum China Holdings, Inc. will post 2.54 EPS 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 $0.24 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 annualized dividend and a dividend yield of 2.20%. Yum China's payout ratio is 40.17%.

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.