Public Employees Retirement System of Ohio Has $36.55 Million Stake in Yum China Holdings, Inc. (NYSE:YUMC)

Public Employees Retirement System of Ohio increased its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 14.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 758,657 shares of the company's stock after purchasing an additional 97,360 shares during the quarter. Public Employees Retirement System of Ohio owned 0.20% of Yum China worth $36,545,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Oliver Luxxe Assets LLC acquired a new stake in shares of Yum China in the fourth quarter valued at approximately $4,146,000. Merit Financial Group LLC acquired a new stake in shares of Yum China in the fourth quarter valued at approximately $322,000. Atomi Financial Group Inc. raised its holdings in shares of Yum China by 85.4% in the fourth quarter. Atomi Financial Group Inc. now owns 13,564 shares of the company's stock valued at $653,000 after purchasing an additional 6,247 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Yum China by 6.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,298 shares of the company's stock valued at $785,000 after purchasing an additional 1,008 shares during the last quarter. Finally, Inspire Investing LLC acquired a new position in Yum China during the fourth quarter worth $809,000. 85.58% of the stock is owned by institutional investors.

Yum China Stock Performance

YUMC stock traded up $0.64 during midday trading on Tuesday, reaching $43.26. 3,047,642 shares of the company were exchanged, compared to its average volume of 2,930,959. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The business has a 50-day moving average price of $46.20 and a two-hundred day moving average price of $47.14. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $53.99. The firm has a market capitalization of $16.15 billion, a price-to-earnings ratio of 18.57, a price-to-earnings-growth ratio of 1.72 and a beta of 0.27.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.77 EPS 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 company had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $3.13 billion. During the same period last year, the firm earned $0.71 earnings per share. The company's revenue for the quarter was up .8% compared to the same quarter last year. Equities research analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th will be given a $0.24 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.22%. Yum China's payout ratio is presently 40.17%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Daiwa America upgraded shares of Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. Wall Street Zen downgraded shares of Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. One analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $48.70.

Insider Activity

In related news, CEO Joey Wat sold 37,252 shares of the business's 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 completion of the transaction, the chief executive officer now owns 382,657 shares of the company's stock, 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 through this link. Also, CTO Leila Zhang sold 4,000 shares of the business's 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 directly owns 52,075 shares of the company's stock, valued at approximately $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 company insiders.

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.