Mill Capital Management LLC Has $373,000 Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Mill Capital Management LLC decreased its position in Yum China Holdings, Inc. (NYSE:YUMC) by 26.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,746 shares of the company’s stock after selling 2,802 shares during the period. Mill Capital Management LLC’s holdings in Yum China were worth $373,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. William Blair Investment Management LLC acquired a new position in shares of Yum China in the 4th quarter worth approximately $243,901,000. FMR LLC raised its holdings in shares of Yum China by 4,176.5% in the 3rd quarter. FMR LLC now owns 3,588,977 shares of the company’s stock worth $161,576,000 after buying an additional 3,505,053 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Yum China by 399.0% in the 4th quarter. Bank of New York Mellon Corp now owns 3,727,549 shares of the company’s stock worth $179,556,000 after buying an additional 2,980,589 shares in the last quarter. Principal Financial Group Inc. raised its holdings 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 worth $356,206,000 after buying an additional 2,609,494 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Yum China in the 4th quarter worth approximately $68,638,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Stock Down 0.5 %

NYSE YUMC opened at $52.29 on Monday. The firm has a market cap of $19.67 billion, a PE ratio of 22.44, a price-to-earnings-growth ratio of 1.72 and a beta of 0.35. Yum China Holdings, Inc. has a one year low of $28.50 and a one year high of $53.99. The stock’s 50 day simple moving average is $47.86 and its 200 day simple moving average is $46.09. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15.

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

Yum China Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.84%. This is a positive change from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date is Thursday, March 6th. Yum China’s dividend payout ratio (DPR) is presently 41.20%.

Insider Buying and Selling at Yum China

In other Yum China news, CEO Joey Wat sold 37,252 shares of the stock in a transaction 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 directly owns 382,657 shares in the company, valued at approximately $19,021,879.47. This trade represents a 8.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Leila Zhang sold 4,000 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of $50.59, for a total value of $202,360.00. Following the completion of the transaction, the chief technology officer now owns 52,075 shares in the company, valued at $2,634,474.25. The trade was a 7.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 45,152 shares of company stock worth $2,242,176. Insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

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

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.