Earnest Partners LLC Sells 9,030 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Earnest Partners LLC trimmed its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 11.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,126 shares of the company's stock after selling 9,030 shares during the period. Earnest Partners LLC's holdings in Yum China were worth $3,378,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of YUMC. GeoWealth Management LLC grew its stake in shares of Yum China by 689.6% during the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company's stock worth $25,000 after purchasing an additional 462 shares during the period. Kentucky Trust Co bought a new position in Yum China during the fourth quarter worth about $29,000. Graney & King LLC acquired a new position in shares of Yum China during the 4th quarter worth about $39,000. EverSource Wealth Advisors LLC increased its stake in shares of Yum China by 58.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $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 4th quarter valued at approximately $48,000. Institutional investors own 85.58% of the company's stock.

Yum China Stock Up 0.1 %

Yum China stock traded up $0.05 during midday trading on Thursday, reaching $43.36. The stock had a trading volume of 1,686,620 shares, compared to its average volume of 2,943,767. The stock has a market capitalization of $16.26 billion, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 1.72 and a beta of 0.32. The firm's fifty day simple moving average is $48.33 and its 200-day simple moving average is $47.30. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings data 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 business 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 earned $0.71 earnings per share. Yum China's revenue for the quarter was up .8% on a year-over-year basis. As a group, analysts expect that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th will be given a dividend of $0.24 per share. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.21%. Yum China's dividend payout ratio (DPR) is 41.20%.

Analyst Ratings Changes

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

Insider Buying and Selling at Yum China

In other news, insider Jeff Kuai sold 3,900 shares of the firm's stock in a transaction that occurred on Monday, February 17th. The shares were 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 of the company's stock, valued at approximately $2,728,782.42. This trade represents a 6.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Joey Wat sold 37,252 shares of the stock in a transaction on 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 sale, the chief executive officer now directly 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 disclosure for this sale can be found here. Insiders have sold a total of 45,152 shares of company stock worth $2,242,176 over the last ninety days. Insiders own 0.40% of the company's stock.

Yum China Company 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.