Allspring Global Investments Holdings LLC Has $165.59 Million Stake in Yum China Holdings, Inc. (NYSE:YUMC)

Allspring Global Investments Holdings LLC raised its position in Yum China Holdings, Inc. (NYSE:YUMC) by 0.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,553,408 shares of the company’s stock after acquiring an additional 779 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.94% of Yum China worth $165,590,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of YUMC. Kentucky Trust Co bought a new position in Yum China during the fourth quarter worth $29,000. Farther Finance Advisors LLC boosted its holdings in shares of Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after buying an additional 258 shares during the period. McClarren Financial Advisors Inc. grew its stake in Yum China by 906.5% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after buying an additional 834 shares during the last quarter. Concord Wealth Partners raised its holdings in Yum China by 56.9% in the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock valued at $71,000 after acquiring an additional 570 shares during the period. Finally, Eastern Bank acquired a new stake in Yum China during the third quarter worth approximately $103,000. Institutional investors own 85.58% of the company’s stock.

Insider Transactions at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $47.47, for a total value of $302,716.19. Following the sale, the insider now owns 16,641 shares in the company, valued at $789,948.27. This trade represents a 27.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.30% of the stock is owned by insiders.

Yum China Stock Performance

NYSE:YUMC opened at $47.43 on Wednesday. The company has a market cap of $18.01 billion, a price-to-earnings ratio of 20.36, a PEG ratio of 1.50 and a beta of 0.33. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The stock has a fifty day moving average price of $46.87 and a 200-day moving average price of $42.66.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share 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%. As a group, equities analysts anticipate that Yum China Holdings, Inc. will post 2.55 EPS for the current fiscal year.

Yum China Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.24 dividend. This is a positive change from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date is Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 2.02%. Yum China’s dividend payout ratio (DPR) is presently 27.47%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. StockNews.com downgraded Yum China from a “buy” rating to a “hold” rating in a research report on Sunday. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $35.50 to $60.00 in a report on Tuesday, November 5th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Yum China presently has an average rating of “Buy” and an average target price of $49.57.

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.