UMB Bank n.a. Sells 800 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

UMB Bank n.a. cut its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 25.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,404 shares of the company’s stock after selling 800 shares during the period. UMB Bank n.a.’s holdings in Yum China were worth $116,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC increased its holdings in Yum China by 4,176.5% in the third quarter. FMR LLC now owns 3,588,977 shares of the company’s stock worth $161,576,000 after purchasing an additional 3,505,053 shares in the last quarter. Waverton Investment Management Ltd grew its position in shares of Yum China by 350.7% during the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock worth $189,202,000 after buying an additional 3,270,560 shares during the period. Principal Financial Group Inc. increased its stake in shares of Yum China by 49.6% in the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock valued at $356,206,000 after acquiring an additional 2,609,494 shares in the last quarter. Temasek Holdings Private Ltd lifted its position in shares of Yum China by 61.4% during the 3rd quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company’s stock valued at $132,492,000 after acquiring an additional 1,120,054 shares during the period. Finally, Hhlr Advisors LTD. bought a new position in Yum China during the third quarter worth $29,977,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Yum China

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on YUMC. JPMorgan Chase & Co. raised shares of Yum China from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Citigroup upgraded Yum China to a “strong-buy” rating in a report on Monday, September 30th. Finally, StockNews.com upgraded Yum China from a “hold” rating to a “buy” rating in a report on Saturday, December 21st. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $49.57.

Yum China Price Performance

Shares of NYSE YUMC opened at $44.72 on Friday. 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 firm’s 50-day simple moving average is $47.02 and its 200 day simple moving average is $41.14. The stock has a market cap of $16.98 billion, a price-to-earnings ratio of 19.79, a PEG ratio of 1.34 and a beta of 0.35. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $52.00.

Yum China (NYSE:YUMC) last announced its earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.09. The company had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Yum China had a return on equity of 13.39% and a net margin of 7.97%. Yum China’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.59 earnings per share. As a group, research analysts anticipate that Yum China Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th were issued a $0.16 dividend. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.43%. Yum China’s dividend payout ratio is currently 28.32%.

Yum China Company 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.