Man Group plc Sells 800,989 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

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

Other institutional investors also recently modified their holdings of the company. Asset Management One Co. Ltd. increased its stake in shares of Yum China by 16.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 56,896 shares of the company's stock worth $2,794,000 after purchasing an additional 8,101 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new position in shares of Yum China during the 4th quarter worth about $31,836,000. AXA S.A. increased its stake in shares of Yum China by 34.4% during the 4th quarter. AXA S.A. now owns 31,286 shares of the company's stock worth $1,507,000 after purchasing an additional 8,016 shares during the last quarter. Inspire Investing LLC acquired a new position in shares of Yum China during the 4th quarter worth about $809,000. Finally, Merit Financial Group LLC acquired a new position in shares of Yum China during the 4th quarter worth about $322,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Yum China

In other news, insider Jeff Kuai sold 3,900 shares of Yum China stock in a transaction that occurred on Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the sale, the insider now directly owns 56,602 shares in the company, valued at approximately $2,728,782.42. The trade was a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Joey Wat sold 37,252 shares of Yum China stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total transaction of $1,851,796.92. Following the completion of the sale, the chief executive officer now owns 382,657 shares of the company's stock, valued at approximately $19,021,879.47. The trade was a 8.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 45,152 shares of company stock valued at $2,242,176. 0.40% of the stock is currently owned by company insiders.

Yum China Stock Performance

Shares of YUMC stock traded down $0.42 during midday trading on Friday, hitting $44.14. 3,019,623 shares of the company were exchanged, compared to its average volume of 2,944,544. The firm has a market capitalization of $16.48 billion, a P/E ratio of 18.94, a PEG ratio of 1.72 and a beta of 0.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The firm's 50 day moving average price is $47.23 and its two-hundred day moving average price is $47.35. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $53.99.

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). The company had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $3.13 billion. Yum China had a return on equity of 13.83% and a net margin of 8.06%. The business's quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.71 EPS. As a group, equities research analysts anticipate that Yum China Holdings, Inc. will post 2.54 earnings per share 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 issued a dividend of $0.24 per share. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 annualized dividend and a dividend yield of 2.18%. Yum China's dividend payout ratio is presently 40.17%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on YUMC shares. StockNews.com lowered shares of Yum China from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Daiwa America raised shares of Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price 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.