Yum China Holdings, Inc. (NYSE:YUMC) Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 196,253 shares of the company's stock after purchasing an additional 8,159 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.05% of Yum China worth $9,454,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. GeoWealth Management LLC boosted its position in shares of Yum China by 689.6% in the fourth 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. Kentucky Trust Co acquired a new stake in shares of Yum China in the fourth quarter worth approximately $29,000. Graney & King LLC acquired a new stake in shares of Yum China in the fourth quarter worth approximately $39,000. EverSource Wealth Advisors LLC boosted its position in shares of Yum China by 58.5% in the fourth 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. Finally, Atlas Capital Advisors Inc. acquired a new stake in shares of Yum China in the fourth quarter worth approximately $48,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Joey Wat sold 37,252 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 382,657 shares in the company, valued at approximately $19,021,879.47. This trade represents a 8.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Leila Zhang sold 4,000 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $50.59, for a total value of $202,360.00. Following the completion of the sale, the chief technology officer now owns 52,075 shares of the company's stock, valued at approximately $2,634,474.25. This trade represents a 7.13% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.40% of the company's stock.

Yum China Stock Up 0.2%

Shares of YUMC traded up $0.08 during midday trading on Thursday, reaching $42.86. 466,612 shares of the company were exchanged, compared to its average volume of 2,936,107. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99. The stock has a 50-day moving average price of $46.86 and a 200-day moving average price of $47.31. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The company has a market cap of $16.00 billion, a price-to-earnings ratio of 18.39, a P/E/G ratio of 1.72 and a beta of 0.27.

Yum China (NYSE:YUMC - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share (EPS) 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 company had revenue of $2.98 billion during the quarter, compared to analyst estimates of $3.13 billion. During the same quarter last year, the business posted $0.71 EPS. Yum China's quarterly revenue was up .8% compared to the same quarter last year. Research analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th will be paid a $0.24 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.24%. Yum China's dividend payout ratio (DPR) is currently 40.17%.

Analyst Upgrades and Downgrades

YUMC has been the topic of several research analyst reports. Wall Street Zen cut shares of Yum China from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Daiwa America upgraded 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. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $48.70.

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.