Allianz Asset Management GmbH Has $4.49 Million Stock Holdings in Yum China (NYSE:YUMC)

Allianz Asset Management GmbH lessened its holdings in shares of Yum China (NYSE:YUMC - Free Report) by 70.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 86,244 shares of the company's stock after selling 204,161 shares during the quarter. Allianz Asset Management GmbH's holdings in Yum China were worth $4,490,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in YUMC. GeoWealth Management LLC boosted its holdings in Yum China by 689.6% in the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after acquiring an additional 462 shares during the last quarter. Hughes Financial Services LLC bought a new stake in Yum China in the first quarter valued at about $29,000. CX Institutional bought a new stake in Yum China in the first quarter valued at about $37,000. Goodman Advisory Group LLC bought a new stake in Yum China in the first quarter valued at about $41,000. Finally, Hollencrest Capital Management boosted its stake in Yum China by 121.4% in the first quarter. Hollencrest Capital Management now owns 912 shares of the company's stock valued at $47,000 after acquiring an additional 500 shares during the period. Hedge funds and other institutional investors own 85.58% of the company's stock.

Yum China Price Performance

NYSE:YUMC traded down $0.20 during midday trading on Friday, hitting $46.49. 613,101 shares of the stock were exchanged, compared to its average volume of 2,609,038. Yum China has a one year low of $28.50 and a one year high of $53.99. The company has a market capitalization of $17.26 billion, a price-to-earnings ratio of 19.46, a P/E/G ratio of 1.76 and a beta of 0.28. The business has a 50-day moving average price of $45.24 and a two-hundred day moving average price of $46.43. The company has a current ratio of 1.26, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last announced 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). 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 the consensus estimate of $3.13 billion. During the same period in the previous year, the firm earned $0.71 EPS. Yum China's revenue for the quarter was up .8% on a year-over-year basis. Sell-side analysts predict that Yum China will post 2.54 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Daiwa America upgraded Yum China to a "strong-buy" rating in a research note on Wednesday, April 9th. One research 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's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $48.70.

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.