Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. trimmed its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 44.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,134 shares of the company’s stock after selling 901 shares during the period. Harbour Investments Inc.’s holdings in Yum China were worth $55,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in YUMC. FMR LLC lifted its stake in Yum China by 4,176.5% during the third quarter. FMR LLC now owns 3,588,977 shares of the company’s stock valued at $161,576,000 after purchasing an additional 3,505,053 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Yum China by 399.0% during the 4th quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company’s stock valued at $179,556,000 after acquiring an additional 2,980,589 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Yum China by 49.6% during the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock worth $356,206,000 after acquiring an additional 2,609,494 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Yum China in the 4th quarter worth $68,638,000. Finally, Temasek Holdings Private Ltd raised its position in shares of Yum China by 61.4% during the third quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company’s stock worth $132,492,000 after purchasing an additional 1,120,054 shares during the period. Institutional investors own 85.58% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Yum China Trading Down 0.8 %

NYSE YUMC opened at $51.84 on Tuesday. The firm’s 50 day moving average price is $48.03 and its two-hundred day moving average price is $46.22. The stock has a market cap of $19.50 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 1.72 and a beta of 0.35. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $53.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. Equities analysts anticipate that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Thursday, March 6th. This is a positive change from Yum China’s previous quarterly dividend of $0.16. Yum China’s dividend payout ratio is currently 41.20%.

Insiders Place Their Bets

In related news, CEO Joey Wat sold 37,252 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total value of $1,851,796.92. Following the transaction, the chief executive officer now owns 382,657 shares in the company, valued at approximately $19,021,879.47. This represents a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO Leila Zhang sold 4,000 shares of Yum China stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $50.59, for a total transaction of $202,360.00. Following the completion of the sale, the chief technology officer now owns 52,075 shares of the company’s stock, valued at $2,634,474.25. This trade represents a 7.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 45,152 shares of company stock worth $2,242,176 in the last quarter. 0.30% of the stock is currently owned by corporate insiders.

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.