Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. trimmed its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 13.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 213,094 shares of the company's stock after selling 32,048 shares during the period. Rockefeller Capital Management L.P. owned about 0.06% of Yum China worth $10,265,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Zuckerman Investment Group LLC boosted its holdings in Yum China by 0.8% during the fourth quarter. Zuckerman Investment Group LLC now owns 467,701 shares of the company's stock worth $21,042,000 after buying an additional 3,729 shares in the last quarter. Scotia Capital Inc. purchased a new stake in shares of Yum China during the 4th quarter worth approximately $317,000. FMR LLC grew its holdings in shares of Yum China by 138.5% in the 4th quarter. FMR LLC now owns 8,558,050 shares of the company's stock worth $412,241,000 after acquiring an additional 4,969,073 shares during the period. Polymer Capital Management HK LTD purchased a new position in Yum China in the 4th quarter valued at approximately $1,522,000. Finally, Quadrant Capital Group LLC increased its stake in Yum China by 85.6% in the 4th quarter. Quadrant Capital Group LLC now owns 1,060 shares of the company's stock valued at $51,000 after purchasing an additional 489 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. StockNews.com lowered Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Daiwa America raised shares of Yum China to a "strong-buy" rating in a research note on Wednesday, April 9th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Yum China presently has an average rating of "Buy" and a consensus price target of $48.70.

Yum China Price Performance

NYSE:YUMC traded up $3.08 during trading hours on Tuesday, reaching $44.78. 4,998,030 shares of the company traded hands, compared to its average volume of 2,973,529. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99. The stock has a market cap of $16.79 billion, a P/E ratio of 19.22, a P/E/G ratio of 1.72 and a beta of 0.32. The firm's 50-day moving average is $48.59 and its 200-day moving average is $47.37. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. Equities research analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current fiscal year.

Yum China Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid a $0.24 dividend. This is a boost from Yum China's previous quarterly dividend of $0.16. This represents a $0.96 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Thursday, March 6th. Yum China's payout ratio is presently 41.20%.

Insider Buying and Selling at Yum China

In related news, CEO Joey Wat sold 37,252 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The shares were 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 directly owns 382,657 shares in the company, valued at approximately $19,021,879.47. The trade was a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeff Kuai sold 3,900 shares of the stock in a transaction that occurred 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 transaction, the insider now directly owns 56,602 shares in the company, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 45,152 shares of company stock worth $2,242,176. Insiders own 0.30% of the company's stock.

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.