TIAA Trust National Association grew its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC – Free Report) by 11.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 7,297 shares of the company’s stock after purchasing an additional 775 shares during the period. TIAA Trust National Association’s holdings in Yum China were worth $351,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently modified their holdings of YUMC. Ashton Thomas Securities LLC grew its holdings in Yum China by 73.1% during the fourth quarter. Ashton Thomas Securities LLC now owns 5,350 shares of the company’s stock worth $258,000 after buying an additional 2,259 shares in the last quarter. Prudential Financial Inc. grew its stake in shares of Yum China by 514.7% in the 4th quarter. Prudential Financial Inc. now owns 154,727 shares of the company’s stock worth $7,453,000 after acquiring an additional 129,557 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Yum China by 9.4% in the fourth quarter. LPL Financial LLC now owns 119,053 shares of the company’s stock valued at $5,735,000 after purchasing an additional 10,276 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Yum China during the fourth quarter valued at about $5,838,000. Finally, Sei Investments Co. grew its position in Yum China by 12.8% in the 4th quarter. Sei Investments Co. now owns 269,075 shares of the company’s stock worth $12,961,000 after purchasing an additional 30,631 shares in the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Yum China
In other Yum China news, CTO Leila Zhang sold 4,000 shares of Yum China stock in a transaction dated Friday, March 14th. The stock was 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 owns 52,075 shares of the company’s stock, valued at $2,634,474.25. The trade was a 7.13 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 transaction of $188,019.00. Following the completion of the sale, the insider now directly owns 56,602 shares in the company, valued at approximately $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 45,152 shares of company stock worth $2,242,176. Company insiders own 0.30% of the company’s stock.
Yum China Price Performance
Yum China (NYSE:YUMC – Get Free Report) last posted its quarterly earnings results 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%. On average, equities research analysts forecast that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.
Yum China Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.24 per share. This is an increase from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 1.85%. Yum China’s dividend payout ratio is presently 41.20%.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.
Check Out Our Latest Research Report on YUMC
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.
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