Baird Financial Group Inc. Cuts Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Baird Financial Group Inc. decreased its position in shares of Yum China Holdings, Inc. (NYSE:YUMCGet Rating) by 39.0% in the second quarter, HoldingsChannel reports. The firm owned 17,534 shares of the company’s stock after selling 11,212 shares during the quarter. Baird Financial Group Inc.’s holdings in Yum China were worth $851,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Invesco Ltd. grew its position in shares of Yum China by 0.5% during the first quarter. Invesco Ltd. now owns 40,931,058 shares of the company’s stock valued at $1,700,276,000 after purchasing an additional 203,441 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in Yum China by 5.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 17,710,026 shares of the company’s stock worth $735,674,000 after acquiring an additional 955,868 shares in the last quarter. State Street Corp grew its position in Yum China by 2.4% in the first quarter. State Street Corp now owns 11,838,471 shares of the company’s stock worth $491,770,000 after acquiring an additional 282,974 shares in the last quarter. Royal Bank of Canada grew its position in Yum China by 2.2% in the first quarter. Royal Bank of Canada now owns 7,640,219 shares of the company’s stock worth $317,375,000 after acquiring an additional 166,052 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp grew its position in Yum China by 8.6% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 7,473,279 shares of the company’s stock worth $310,440,000 after acquiring an additional 592,864 shares in the last quarter. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. TheStreet raised shares of Yum China from a “c+” rating to a “b-” rating in a research note on Tuesday, November 15th. StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a research note on Thursday, November 3rd.

Yum China Stock Down 3.8 %

Shares of NYSE YUMC opened at $52.81 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.24 and a quick ratio of 2.09. The company has a market cap of $22.10 billion, a P/E ratio of 26.14, a PEG ratio of 4.59 and a beta of 0.46. Yum China Holdings, Inc. has a 1 year low of $33.55 and a 1 year high of $55.18. The firm has a 50-day simple moving average of $47.76 and a two-hundred day simple moving average of $46.22.

Yum China (NYSE:YUMCGet Rating) last posted its quarterly earnings results on Tuesday, November 1st. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.17. Yum China had a net margin of 8.84% and a return on equity of 5.39%. The firm had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.69 billion. Research analysts anticipate that Yum China Holdings, Inc. will post 1.05 earnings per share for the current year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 20th. Stockholders of record on Tuesday, November 29th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Monday, November 28th. Yum China’s dividend payout ratio is presently 23.76%.

Insider Activity

In other news, insider Warton Wang sold 4,666 shares of Yum China stock in a transaction that occurred on Friday, November 4th. The shares were sold at an average price of $49.68, for a total transaction of $231,806.88. Following the completion of the sale, the insider now owns 4,249 shares of the company’s stock, valued at $211,090.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Warton Wang sold 4,666 shares of Yum China stock in a transaction that occurred on Friday, November 4th. The shares were sold at an average price of $49.68, for a total transaction of $231,806.88. Following the transaction, the insider now directly owns 4,249 shares of the company’s stock, valued at $211,090.32. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO Leila Zhang sold 1,176 shares of Yum China stock in a transaction that occurred on Friday, November 11th. The shares were sold at an average price of $53.51, for a total transaction of $62,927.76. Following the transaction, the chief technology officer now directly owns 8,399 shares in the company, valued at $449,430.49. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,204,362 shares of company stock valued at $144,655,851. Corporate insiders own 0.26% of the company’s stock.

Yum China Profile

(Get Rating)

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, and East Dawning brands, which specialize in chicken, pizza, hot pot cooking, simmer pot, Italian coffee, specialty coffee, Mexican-style food, and Chinese food categories.

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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