SG Americas Securities LLC Trims Position in Yum China Holdings, Inc. (NYSE:YUMC)

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

Several other institutional investors and hedge funds have also added to or reduced their stakes in YUMC. Choreo LLC raised its stake in Yum China by 9.4% during the fourth quarter. Choreo LLC now owns 4,634 shares of the company's stock valued at $223,000 after buying an additional 399 shares during the last quarter. Kingsview Wealth Management LLC raised its position 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 purchasing an additional 892 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of Yum China in the 4th quarter worth about $856,000. Kestra Private Wealth Services LLC raised its position in shares of Yum China by 100.3% in the 4th quarter. Kestra Private Wealth Services LLC now owns 9,154 shares of the company's stock worth $441,000 after purchasing an additional 4,583 shares during the last quarter. Finally, Savant Capital LLC raised its position in shares of Yum China by 22.9% in the 4th quarter. Savant Capital LLC now owns 10,511 shares of the company's stock worth $506,000 after purchasing an additional 1,959 shares during the last quarter. Hedge funds and other institutional investors own 85.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on YUMC. Wall Street Zen cut shares of Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Daiwa America upgraded shares of Yum China to a "strong-buy" rating in a 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 assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $48.70.

Yum China Stock Up 0.5%

Shares of YUMC stock traded up $0.22 during mid-day trading on Monday, hitting $43.79. The company's stock had a trading volume of 1,723,573 shares, compared to its average volume of 2,920,177. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $53.99. The business has a 50-day moving average price of $44.19 and a 200 day moving average price of $46.78. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The stock has a market cap of $16.35 billion, a price-to-earnings ratio of 18.79, a PEG ratio of 1.72 and a beta of 0.28.

Yum China (NYSE:YUMC - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share 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 analysts' expectations of $3.13 billion. During the same period last year, the firm posted $0.71 EPS. Yum China's quarterly revenue was up .8% compared to the same quarter last year. Research 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 announced a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th will be paid a dividend of $0.24 per share. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.19%. 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.