Yum China (NYSE:YUMC) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale lessened its holdings in shares of Yum China (NYSE:YUMC - Free Report) by 78.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 219,990 shares of the company's stock after selling 781,117 shares during the quarter. DekaBank Deutsche Girozentrale owned approximately 0.06% of Yum China worth $11,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. GeoWealth Management LLC boosted its stake in shares of Yum China by 689.6% during the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock worth $25,000 after acquiring an additional 462 shares during the last quarter. CX Institutional purchased a new position in shares of Yum China during the 1st quarter worth $37,000. Graney & King LLC purchased a new position in shares of Yum China during the 4th quarter worth $39,000. Goodman Advisory Group LLC purchased a new position in shares of Yum China during the 1st quarter worth $41,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock worth $42,000 after acquiring an additional 324 shares during the last quarter. Hedge funds and other institutional investors own 85.58% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Daiwa America upgraded shares of Yum China to a "strong-buy" rating in a research note on Wednesday, April 9th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Yum China currently has an average rating of "Buy" and an average target price of $48.70.

Yum China Price Performance

NYSE YUMC traded down $0.28 on Friday, reaching $47.60. The company had a trading volume of 1,387,652 shares, compared to its average volume of 2,884,011. The company has a quick ratio of 1.11, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $17.67 billion, a PE ratio of 20.03, a price-to-earnings-growth ratio of 1.82 and a beta of 0.28. The firm's 50 day moving average price is $44.44 and its 200 day moving average price is $46.33. Yum China has a 12 month low of $28.50 and a 12 month high of $53.99.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results 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 14.08% and a net margin of 8.09%. The firm had revenue of $2.98 billion for the quarter, compared to analysts' expectations of $3.13 billion. During the same period in the prior year, the firm posted $0.71 earnings per share. Yum China's revenue for the quarter was up .8% on a year-over-year basis. As a group, equities analysts predict that Yum China will post 2.54 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.02%. The ex-dividend date was Wednesday, May 28th. 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.