Focus Partners Wealth Sells 279,137 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Focus Partners Wealth decreased its position in Yum China Holdings, Inc. (NYSE:YUMC) by 93.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,707 shares of the company’s stock after selling 279,137 shares during the quarter. Focus Partners Wealth’s holdings in Yum China were worth $901,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Atria Investments Inc lifted its position in Yum China by 1.2% in the 4th quarter. Atria Investments Inc now owns 23,074 shares of the company’s stock worth $1,111,000 after buying an additional 273 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in Yum China by 4.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company’s stock valued at $298,000 after purchasing an additional 276 shares during the last quarter. Hanson & Doremus Investment Management lifted its position in Yum China by 0.5% in the fourth quarter. Hanson & Doremus Investment Management now owns 57,104 shares of the company’s stock valued at $2,751,000 after purchasing an additional 307 shares during the last quarter. First Citizens Bank & Trust Co. lifted its position in Yum China by 2.2% in the fourth quarter. First Citizens Bank & Trust Co. now owns 14,054 shares of the company’s stock valued at $677,000 after purchasing an additional 309 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in Yum China by 58.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock valued at $42,000 after purchasing an additional 324 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

Insider Transactions at Yum China

In related news, CTO Leila Zhang sold 4,000 shares of the stock in a transaction on Friday, March 14th. The stock was sold at an average price of $50.59, for a total transaction of $202,360.00. Following the sale, the chief technology officer now directly 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Joey Wat sold 37,252 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $49.71, for a total value of $1,851,796.92. Following the sale, the chief executive officer now directly owns 382,657 shares in the company, valued at $19,021,879.47. This trade represents a 8.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.40% of the company’s stock.

Yum China Price Performance

Shares of YUMC stock opened at $44.14 on Monday. The stock has a market cap of $16.48 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 1.72 and a beta of 0.27. The business’s fifty day moving average is $47.23 and its 200 day moving average is $47.37. Yum China Holdings, Inc. has a twelve month low of $28.50 and a twelve month high of $53.99. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.01). The firm had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $3.13 billion. Yum China had a return on equity of 13.83% and a net margin of 8.06%. Yum China’s revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 earnings per share. Research analysts expect that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.18%. Yum China’s dividend payout ratio is currently 40.17%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. StockNews.com downgraded Yum China from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Daiwa America raised Yum China to a “strong-buy” rating in a research note on Wednesday, April 9th. One analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $48.70.

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.