Wesleyan Assurance Society lessened its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 6.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 168,530 shares of the company's stock after selling 11,480 shares during the period. Wesleyan Assurance Society's holdings in Yum China were worth $8,118,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in YUMC. GeoWealth Management LLC grew its holdings in Yum China by 689.6% during the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after purchasing an additional 462 shares during the last quarter. Kentucky Trust Co acquired a new position in Yum China during the 4th quarter valued at $29,000. Graney & King LLC acquired a new position in Yum China during the 4th quarter valued at $39,000. EverSource Wealth Advisors LLC raised its stake in Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after purchasing an additional 324 shares during the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new position in Yum China during the 4th quarter valued at $48,000. Institutional investors and hedge funds own 85.58% of the company's stock.
Insider Buying and Selling
In other news, CTO Leila Zhang sold 4,000 shares of the business's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $50.59, for a total value of $202,360.00. Following the sale, the chief technology officer now owns 52,075 shares in the company, valued at approximately $2,634,474.25. The trade was a 7.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Joey Wat sold 37,252 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the completion of the sale, the chief executive officer now owns 382,657 shares in the company, valued at $19,021,879.47. This represents a 8.87% decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is owned by company insiders.
Yum China Stock Up 0.9%
Shares of YUMC stock opened at $44.61 on Tuesday. The stock has a market cap of $16.65 billion, a P/E ratio of 19.15, a price-to-earnings-growth ratio of 1.72 and a beta of 0.27. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $53.99. The stock has a fifty day moving average price of $47.13 and a 200 day moving average price of $47.37. 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 (NYSE:YUMC - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.77 EPS 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 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 revenue for the quarter was up .8% compared to the same quarter last year. During the same period last year, the business earned $0.71 earnings per share. Analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.
Yum China Announces Dividend
The company also recently announced 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 annualized dividend and a yield of 2.15%. Yum China's dividend payout ratio (DPR) is currently 40.17%.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on YUMC shares. StockNews.com cut shares of Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Daiwa America upgraded shares of Yum China to a "strong-buy" rating in a research note on Wednesday, April 9th. One 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 company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $48.70.
Get Our Latest Research Report on Yum China
Yum China Company Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding YUMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yum China Holdings, Inc. (NYSE:YUMC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Yum China, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yum China wasn't on the list.
While Yum China currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.