Yum China Holdings, Inc. (NYSE:YUMC) Stake Lessened by Man Group plc

Man Group plc lowered its stake in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 45.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 963,627 shares of the company's stock after selling 800,989 shares during the quarter. Man Group plc owned about 0.25% of Yum China worth $46,418,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Oliver Luxxe Assets LLC acquired a new stake in shares of Yum China during the 4th quarter valued at $4,146,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Yum China by 1.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 21,720 shares of the company's stock valued at $978,000 after purchasing an additional 329 shares during the last quarter. Procyon Advisors LLC grew its holdings in Yum China by 3.8% during the fourth quarter. Procyon Advisors LLC now owns 14,544 shares of the company's stock valued at $701,000 after purchasing an additional 538 shares during the last quarter. Merit Financial Group LLC bought a new position in Yum China during the fourth quarter worth $322,000. Finally, Atomi Financial Group Inc. increased its position in shares of Yum China by 85.4% during 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 period. 85.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on YUMC. StockNews.com downgraded shares of Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Daiwa America raised shares of Yum China to a "strong-buy" rating in a research note on Wednesday, April 9th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $48.70.

Insider Activity

In other Yum China 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 transaction of $202,360.00. Following the sale, the chief technology officer now directly 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 the SEC website. Also, CEO Joey Wat sold 37,252 shares of the business's stock in a transaction that occurred on 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 sale, the chief executive officer now directly owns 382,657 shares in the company, valued at $19,021,879.47. This trade represents a 8.87% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.40% of the company's stock.

Yum China Stock Down 1.5%

Yum China stock traded down $0.69 during trading on Tuesday, hitting $43.97. 904,743 shares of the company were exchanged, compared to its average volume of 2,937,274. The business's 50 day moving average is $47.13 and its 200 day moving average is $47.37. The company has a market capitalization of $16.42 billion, a P/E ratio of 18.85, a PEG ratio of 1.72 and a beta of 0.27. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $53.99. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. 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 business posted $0.71 earnings per share. The business's quarterly revenue was up .8% on a year-over-year basis. Analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Announces Dividend

The business 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 dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $0.96 annualized dividend and a yield of 2.18%. Yum China's dividend payout ratio (DPR) is presently 40.17%.

Yum China 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.