Barings LLC Sells 17,783 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Barings LLC decreased its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 4.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 408,048 shares of the company’s stock after selling 17,783 shares during the quarter. Barings LLC’s holdings in Yum China were worth $12,584,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mather Group LLC. bought a new position in shares of Yum China in the first quarter valued at about $26,000. Johnson Financial Group Inc. raised its stake in shares of Yum China by 3,107.1% in the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock worth $38,000 after acquiring an additional 870 shares during the last quarter. LRI Investments LLC acquired a new position in shares of Yum China during the first quarter worth approximately $36,000. Pathway Financial Advisers LLC acquired a new position in shares of Yum China during the first quarter worth approximately $39,000. Finally, BOCHK Asset Management Ltd bought a new stake in shares of Yum China during the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Stock Up 0.1 %

Shares of Yum China stock opened at $34.04 on Thursday. The business has a fifty day simple moving average of $32.17 and a 200 day simple moving average of $35.70. The stock has a market cap of $13.08 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 1.39 and a beta of 0.34. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 0.01. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $58.21.

Yum China (NYSE:YUMC) last posted its earnings results on Monday, August 5th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.08. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.76 billion. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 EPS. Research analysts predict that Yum China Holdings, Inc. will post 2.22 EPS for the current year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Tuesday, August 27th. Yum China’s dividend payout ratio (DPR) is 32.16%.

Analyst Ratings Changes

Separately, Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and boosted their target price for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Yum China currently has a consensus rating of “Moderate Buy” and an average target price of $51.20.

Insider Activity at Yum China

In other Yum China news, CTO Leila Zhang bought 4,000 shares of Yum China stock in a transaction on Thursday, August 15th. The shares were purchased at an average cost of $33.36 per share, for a total transaction of $133,440.00. Following the completion of the acquisition, the chief technology officer now owns 41,339 shares in the company, valued at approximately $1,379,069.04. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CTO Leila Zhang acquired 4,000 shares of the stock in a transaction dated Thursday, August 15th. The stock was bought at an average price of $33.36 per share, with a total value of $133,440.00. Following the completion of the transaction, the chief technology officer now directly owns 41,339 shares of the company’s stock, valued at $1,379,069.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert Blaine Aiken, Jr. acquired 3,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The shares were bought at an average price of $33.74 per share, for a total transaction of $101,220.00. Following the completion of the acquisition, the director now owns 12,088 shares of the company’s stock, valued at $407,849.12. The disclosure for this purchase can be found here. Insiders bought a total of 18,400 shares of company stock worth $619,671 in the last quarter. Corporate insiders own 0.30% of the company’s stock.

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.