DNB Asset Management AS Sells 200,259 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

DNB Asset Management AS lessened its holdings in Yum China Holdings, Inc. (NYSE:YUMCFree Report) by 88.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,373 shares of the company’s stock after selling 200,259 shares during the period. DNB Asset Management AS’s holdings in Yum China were worth $1,077,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Yum China by 140.0% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 250,975 shares of the company’s stock valued at $10,187,000 after purchasing an additional 146,410 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Yum China by 2.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 21,843 shares of the company’s stock valued at $907,000 after acquiring an additional 528 shares during the last quarter. Cetera Advisor Networks LLC boosted its stake in Yum China by 7.5% in the first quarter. Cetera Advisor Networks LLC now owns 12,533 shares of the company’s stock valued at $521,000 after acquiring an additional 871 shares during the last quarter. MetLife Investment Management LLC bought a new position in shares of Yum China during the first quarter worth $418,000. Finally, Rhumbline Advisers boosted its position in shares of Yum China by 5.3% during the first quarter. Rhumbline Advisers now owns 407,659 shares of the company’s stock worth $16,934,000 after purchasing an additional 20,676 shares in the last quarter. Institutional investors and hedge funds own 73.91% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on YUMC shares. JPMorgan Chase & Co. reissued a “neutral” rating and set a $38.00 price target (down from $65.00) on shares of Yum China in a research report on Thursday, January 4th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Yum China in a research report on Tuesday, December 19th. They issued a “buy” rating and a $58.00 price objective on the stock. Finally, HSBC cut their price objective on shares of Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a research report on Wednesday, March 6th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Yum China currently has an average rating of “Moderate Buy” and a consensus price target of $54.65.

View Our Latest Research Report on Yum China

Yum China Stock Up 4.1 %

Shares of YUMC stock opened at $39.66 on Thursday. The company has a current ratio of 1.42, a quick ratio of 1.24 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 1 year low of $33.55 and a 1 year high of $64.70. The firm’s fifty day moving average price is $39.34 and its two-hundred day moving average price is $44.85. The firm has a market capitalization of $15.89 billion, a P/E ratio of 20.23, a PEG ratio of 1.54 and a beta of 0.46.

Yum China (NYSE:YUMCGet Free Report) last released its quarterly earnings data on Tuesday, February 6th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.12. The company had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.32 billion. Yum China had a net margin of 7.53% and a return on equity of 11.63%. Yum China’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 EPS. On average, equities analysts predict that Yum China Holdings, Inc. will post 2.19 EPS for the current fiscal year.

Yum China Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 26th. Stockholders of record on Tuesday, March 5th will be paid a dividend of $0.16 per share. The ex-dividend date is Monday, March 4th. This is a positive change from Yum China’s previous quarterly dividend of $0.13. This represents a $0.64 annualized dividend and a dividend yield of 1.61%. Yum China’s payout ratio is currently 32.65%.

Yum China Company Profile

(Free Report)

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, which sells electronics, home and kitchen accessories, and other general merchandise, as well as fried rice, steak, and pasta; and offers online food deliver services.

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

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