Yum China Holdings, Inc. (NYSE:YUMC) Shares Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company grew its position in Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,641,652 shares of the company's stock after buying an additional 123,649 shares during the quarter. The Manufacturers Life Insurance Company owned 0.43% of Yum China worth $79,095,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in YUMC. Coldstream Capital Management Inc. raised its holdings in shares of Yum China by 22.8% in the 4th quarter. Coldstream Capital Management Inc. now owns 5,516 shares of the company's stock valued at $266,000 after purchasing an additional 1,024 shares in the last quarter. Voya Investment Management LLC boosted its position in Yum China by 15.1% during the 4th quarter. Voya Investment Management LLC now owns 36,657 shares of the company's stock valued at $1,766,000 after acquiring an additional 4,817 shares in the last quarter. Adage Capital Partners GP L.L.C. bought a new stake in Yum China during the 4th quarter valued at $9,571,000. White Oak Capital Partners Pte. Ltd. purchased a new position in shares of Yum China in the 4th quarter valued at $1,164,000. Finally, MGO One Seven LLC bought a new position in shares of Yum China in the 4th quarter worth $319,000. Hedge funds and other institutional investors own 85.58% of the company's stock.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In related 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 completion of the transaction, the chief technology officer now directly owns 52,075 shares in the company, valued at $2,634,474.25. The trade was a 7.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jeff Kuai sold 3,900 shares of the stock in a transaction dated Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, the insider now directly owns 56,602 shares in the company, valued at $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 45,152 shares of company stock valued at $2,242,176. 0.40% of the stock is owned by company insiders.

Yum China Stock Down 1.0 %

NYSE YUMC traded down $0.46 during trading on Monday, hitting $43.58. The company's stock had a trading volume of 386,391 shares, compared to its average volume of 2,926,089. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $53.99. The company has a market cap of $16.34 billion, a PE ratio of 18.70, a P/E/G ratio of 1.72 and a beta of 0.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The business's 50 day simple moving average is $48.19 and its 200-day simple moving average is $47.33.

Yum China (NYSE:YUMC - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.77 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). The company had revenue of $2.98 billion during the quarter, compared to analyst estimates of $3.13 billion. Yum China had a return on equity of 13.83% and a net margin of 8.06%. The firm's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter last year, the business earned $0.71 earnings per share. On average, equities analysts anticipate that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors 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 yield of 2.20%. Yum China's dividend payout ratio (DPR) is 40.17%.

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.