Swiss National Bank Lowers Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Swiss National Bank lowered its position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 922,233 shares of the company's stock after selling 36,500 shares during the quarter. Swiss National Bank owned about 0.22% of Yum China worth $39,130,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA lifted its position in shares of Yum China by 2.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 12,374,902 shares of the company's stock worth $689,530,000 after purchasing an additional 295,494 shares during the last quarter. Royal Bank of Canada boosted its position in Yum China by 4.5% in the 3rd quarter. Royal Bank of Canada now owns 7,819,136 shares of the company's stock valued at $435,682,000 after buying an additional 337,033 shares during the period. Schroder Investment Management Group grew its stake in Yum China by 23.3% in the 3rd quarter. Schroder Investment Management Group now owns 4,847,238 shares of the company's stock worth $270,088,000 after acquiring an additional 916,418 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Yum China by 13.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 3,766,787 shares of the company's stock valued at $159,825,000 after acquiring an additional 433,411 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp boosted its holdings in shares of Yum China by 1.8% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 3,451,459 shares of the company's stock valued at $192,315,000 after purchasing an additional 61,063 shares during the period. Institutional investors own 85.58% of the company's stock.

Yum China Price Performance

YUMC stock remained flat at $37.30 during trading on Wednesday. 1,528,403 shares of the company traded hands, compared to its average volume of 3,456,052. The stock's 50-day moving average price is $39.32 and its two-hundred day moving average price is $40.94. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.42 and a quick ratio of 1.24. The company has a market capitalization of $14.62 billion, a price-to-earnings ratio of 18.74, a P/E/G ratio of 1.77 and a beta of 0.46. Yum China Holdings, Inc. has a 12 month low of $33.55 and a 12 month high of $62.56.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results on Monday, April 29th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.65 by $0.06. Yum China had a return on equity of 11.65% and a net margin of 7.49%. The firm had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same period in the previous year, the company posted $0.69 EPS. The business's revenue for the quarter was up 1.4% compared to the same quarter last year. On average, equities research analysts predict that Yum China Holdings, Inc. will post 2.19 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 18th. Stockholders of record on Tuesday, May 28th will be given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date is Friday, May 24th. Yum China's payout ratio is currently 32.16%.

Wall Street Analysts Forecast Growth

Separately, HSBC decreased their target price on Yum China from $66.80 to $51.30 and set a "buy" rating for the company in a research report on Wednesday, March 6th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $54.65.

About Yum China

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.