Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Camelot Portfolios LLC

Camelot Portfolios LLC lowered its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 11.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,158 shares of the company’s stock after selling 3,183 shares during the period. Yum China comprises 1.3% of Camelot Portfolios LLC’s investment portfolio, making the stock its 22nd biggest position. Camelot Portfolios LLC’s holdings in Yum China were worth $1,164,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in YUMC. Sequoia Financial Advisors LLC boosted its holdings in shares of Yum China by 12.9% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 14,008 shares of the company’s stock worth $631,000 after purchasing an additional 1,597 shares during the last quarter. Eastern Bank purchased a new position in Yum China during the third quarter worth approximately $103,000. Private Advisor Group LLC boosted its stake in Yum China by 4.5% during the third quarter. Private Advisor Group LLC now owns 13,893 shares of the company’s stock worth $625,000 after buying an additional 597 shares during the last quarter. International Assets Investment Management LLC grew its holdings in Yum China by 4,403.5% in the 3rd quarter. International Assets Investment Management LLC now owns 15,627 shares of the company’s stock valued at $704,000 after buying an additional 15,280 shares in the last quarter. Finally, Tectonic Advisors LLC increased its stake in shares of Yum China by 14.4% in the 3rd quarter. Tectonic Advisors LLC now owns 8,388 shares of the company’s stock worth $378,000 after acquiring an additional 1,055 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Insider Activity

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the business’s 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 transaction, the insider now directly owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Jeff Kuai sold 3,900 shares of the company’s stock in a transaction dated Monday, February 17th. The shares were sold at an average price of $48.21, for a total transaction of $188,019.00. Following the completion of the transaction, the insider now directly owns 56,602 shares of the company’s stock, valued at approximately $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on YUMC. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a report on Monday, February 17th. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $49.57.

Yum China Stock Performance

Shares of YUMC stock opened at $46.62 on Friday. The stock’s 50-day moving average price is $46.72 and its 200 day moving average price is $43.61. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $17.71 billion, a PE ratio of 20.01, a price-to-earnings-growth ratio of 1.72 and a beta of 0.33. Yum China Holdings, Inc. has a 52-week low of $28.50 and a 52-week high of $52.00.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. As a group, equities research analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be paid a dividend of $0.24 per share. This is an increase from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 2.06%. Yum China’s dividend payout ratio is presently 27.47%.

About Yum China

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.