Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP lessened its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 69.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,936 shares of the company’s stock after selling 136,949 shares during the period. Wellington Management Group LLP’s holdings in Yum China were worth $2,543,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. LPL Financial LLC increased its holdings in Yum China by 1.3% during the 3rd quarter. LPL Financial LLC now owns 128,993 shares of the company’s stock worth $7,187,000 after purchasing an additional 1,718 shares during the period. O Shaughnessy Asset Management LLC grew its position in shares of Yum China by 2.3% during the third quarter. O Shaughnessy Asset Management LLC now owns 24,026 shares of the company’s stock worth $1,339,000 after buying an additional 550 shares in the last quarter. Sherbrooke Park Advisers LLC purchased a new stake in shares of Yum China during the third quarter worth approximately $201,000. Caisse DE Depot ET Placement DU Quebec lifted its stake in Yum China by 133.3% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 30,800 shares of the company’s stock worth $1,716,000 after acquiring an additional 17,600 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new position in Yum China during the 3rd quarter worth approximately $1,010,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Analyst Ratings Changes

Separately, HSBC reduced their price objective on shares of Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a report on Wednesday, March 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $54.65.

Yum China Stock Performance

Shares of Yum China stock opened at $30.84 on Monday. The company has a quick ratio of 1.24, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. Yum China Holdings, Inc. has a 52 week low of $30.76 and a 52 week high of $61.99. The firm’s 50 day moving average is $35.99 and its two-hundred day moving average is $38.30. The firm has a market capitalization of $12.02 billion, a P/E ratio of 15.50, a P/E/G ratio of 1.18 and a beta of 0.39.

Yum China (NYSE:YUMC) last posted its earnings results on Monday, April 29th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.06. Yum China had a net margin of 7.49% and a return on equity of 11.90%. The firm had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same period last year, the firm posted $0.69 EPS. The company’s revenue was up 1.4% on a year-over-year basis. Research analysts forecast that Yum China Holdings, Inc. will post 2.18 EPS for the current fiscal year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Stockholders of record on Tuesday, May 28th were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.08%. The ex-dividend date was Friday, May 24th. Yum China’s payout ratio is currently 32.16%.

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.