Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Treasurer of the State of North Carolina

Treasurer of the State of North Carolina lowered its position in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 6.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,179 shares of the company's stock after selling 5,820 shares during the period. Treasurer of the State of North Carolina's holdings in Yum China were worth $4,151,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in Yum China by 49.6% during the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company's stock valued at $356,206,000 after acquiring an additional 2,609,494 shares during the period. Orion Portfolio Solutions LLC purchased a new stake in Yum China in the 3rd quarter worth approximately $533,000. Coldstream Capital Management Inc. purchased a new position in shares of Yum China in the third quarter valued at about $203,000. Bard Financial Services Inc. purchased a new position in Yum China during the third quarter valued at $459,000. Finally, World Investment Advisors LLC bought a new stake in Yum China in the 3rd quarter valued at $868,000. Institutional investors own 85.58% of the company's stock.

Insider Transactions at Yum China

In other Yum China news, insider Jeff Kuai sold 3,900 shares of the stock in a transaction on Monday, February 17th. The stock was sold at an average price of $48.21, for a total transaction of $188,019.00. Following the sale, the insider now owns 56,602 shares of the company's stock, valued at approximately $2,728,782.42. This trade represents a 6.45 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Leila Zhang sold 4,000 shares of the business's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the transaction, 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. Over the last ninety days, insiders sold 45,152 shares of company stock worth $2,242,176. 0.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on YUMC shares. Daiwa America raised Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. StockNews.com downgraded 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 assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Yum China presently has a consensus rating of "Buy" and an average target price of $48.70.

Yum China Trading Up 0.0 %

NYSE:YUMC traded up $0.02 during midday trading on Monday, hitting $41.39. 868,431 shares of the company traded hands, compared to its average volume of 2,952,355. The firm has a market capitalization of $15.52 billion, a P/E ratio of 17.80, a P/E/G ratio of 1.72 and a beta of 0.32. The firm's fifty day moving average is $48.79 and its 200-day moving average is $47.45. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month 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 released its earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. On average, sell-side analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.32%. The ex-dividend date was Thursday, March 6th. This is an increase from Yum China's previous quarterly dividend of $0.16. Yum China's dividend payout ratio is 41.20%.

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.