Yum China $YUMC Shares Sold by Amundi

Amundi lowered its position in shares of Yum China (NYSE:YUMC - Free Report) by 3.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,173,653 shares of the company's stock after selling 43,923 shares during the quarter. Amundi owned 0.34% of Yum China worth $52,733,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of YUMC. Principal Financial Group Inc. lifted its stake in Yum China by 3.0% during the first quarter. Principal Financial Group Inc. now owns 22,606,740 shares of the company's stock valued at $1,111,135,000 after purchasing an additional 649,629 shares during the last quarter. Royal Bank of Canada boosted its holdings in Yum China by 1.5% during the fourth quarter. Royal Bank of Canada now owns 11,135,203 shares of the company's stock worth $531,593,000 after buying an additional 167,868 shares in the last quarter. Dodge & Cox grew its position in Yum China by 0.4% in the fourth quarter. Dodge & Cox now owns 8,553,962 shares of the company's stock worth $408,366,000 after buying an additional 33,100 shares during the last quarter. Mondrian Investment Partners LTD grew its position in Yum China by 112.0% in the fourth quarter. Mondrian Investment Partners LTD now owns 7,854,198 shares of the company's stock worth $374,959,000 after buying an additional 4,148,966 shares during the last quarter. Finally, W1M Asset Management Ltd bought a new position in shares of Yum China in the second quarter valued at $320,227,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Duoduo (Howard) Huang sold 24,096 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $47.08, for a total transaction of $1,134,439.68. Following the transaction, the insider directly owned 7,589 shares of the company's stock, valued at approximately $357,290.12. The trade was a 76.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Jeff Kuai sold 14,586 shares of the company's stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $47.72, for a total transaction of $696,043.92. Following the completion of the transaction, the insider owned 63,541 shares in the company, valued at approximately $3,032,176.52. This represents a 18.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.44% of the company's stock.

Yum China Price Performance

Shares of NYSE:YUMC opened at $42.26 on Friday. The company's fifty day moving average is $45.33 and its two-hundred day moving average is $46.84. The company has a market cap of $14.47 billion, a P/E ratio of 15.48, a price-to-earnings-growth ratio of 1.12 and a beta of 0.08. Yum China has a 12-month low of $40.15 and a 12-month high of $58.39. The company has a quick ratio of 0.78, a current ratio of 0.96 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.03. The business had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.05 billion. Yum China had a return on equity of 15.82% and a net margin of 7.84%.Yum China's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 earnings per share. Equities analysts expect that Yum China will post 2.95 earnings per share for the current fiscal year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, August 27th. Yum China's dividend payout ratio (DPR) is currently 42.49%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on YUMC. Wall Street Zen raised Yum China from a "hold" rating to a "buy" rating in a research report on Monday, August 17th. Weiss Ratings reiterated a "hold (c)" rating on shares of Yum China in a research report on Friday, August 21st. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $59.00 price target on shares of Yum China in a research note on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $59.21.

About Yum China

Yum China Holdings, Inc NYSE: YUMC is a restaurant company that operates and franchises brands across mainland China. It is the exclusive operator of KFC and Pizza Hut in China and also operates Taco Bell restaurants in the market.

The company's broader portfolio includes Chinese restaurant concepts such as Huang Ji Huang and Little Sheep, as well as coffee and beverage brands including Lavasa and COFFii & JOY. Its restaurants offer a range of quick-service meals, casual dining options, beverages and related food products through dine-in, takeaway, delivery and digital ordering channels.

Yum China became an independent, publicly traded company in 2016 following its separation from Yum! Brands.

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