Yum China Holdings, Inc. (NYSE:YUMC) Shares Sold by Acadian Asset Management LLC

Acadian Asset Management LLC decreased its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 96.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,657 shares of the company’s stock after selling 367,167 shares during the quarter. Acadian Asset Management LLC’s holdings in Yum China were worth $421,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Intech Investment Management LLC boosted its stake in Yum China by 1.8% during the 4th quarter. Intech Investment Management LLC now owns 14,785 shares of the company’s stock worth $627,000 after purchasing an additional 268 shares during the period. Industrial Alliance Investment Management Inc. boosted its stake in shares of Yum China by 4.4% during the first quarter. Industrial Alliance Investment Management Inc. now owns 6,802 shares of the company’s stock worth $271,000 after buying an additional 286 shares during the period. Carmichael Hill & Associates Inc. grew its holdings in shares of Yum China by 12.1% during the second quarter. Carmichael Hill & Associates Inc. now owns 3,338 shares of the company’s stock worth $103,000 after buying an additional 360 shares during the last quarter. Eagle Bay Advisors LLC increased its position in Yum China by 53.7% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after acquiring an additional 380 shares during the period. Finally, Bessemer Group Inc. raised its stake in Yum China by 14.3% during the 1st quarter. Bessemer Group Inc. now owns 3,235 shares of the company’s stock valued at $129,000 after acquiring an additional 405 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Price Performance

Shares of NYSE:YUMC opened at $34.83 on Thursday. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $58.21. The company has a 50-day moving average price of $32.62 and a 200 day moving average price of $35.40. The company has a market cap of $13.39 billion, a P/E ratio of 17.50, a PEG ratio of 1.42 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 (NYSE:YUMC) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.47 by $0.08. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The business had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same period last year, the firm earned $0.47 EPS. The company’s quarterly revenue was up .9% compared to the same quarter last year. Research analysts predict that Yum China Holdings, Inc. will post 2.22 earnings per share for the current year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Tuesday, August 27th were paid a dividend of $0.16 per share. The ex-dividend date was Tuesday, August 27th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.84%. Yum China’s dividend payout ratio (DPR) is presently 32.16%.

Wall Street Analyst Weigh In

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

Insider Activity

In related news, insider Jeff Kuai acquired 3,900 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The shares were purchased at an average price of $32.72 per share, with a total value of $127,608.00. Following the completion of the acquisition, the insider now owns 3,900 shares in the company, valued at $127,608. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Warton Wang purchased 3,700 shares of the company’s stock in a transaction dated Friday, August 16th. The stock was acquired at an average price of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the transaction, the insider now directly owns 25,023 shares in the company, valued at approximately $867,547.41. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Jeff Kuai acquired 3,900 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the completion of the transaction, the insider now directly owns 3,900 shares in the company, valued at $127,608. The disclosure for this purchase can be found here. Insiders purchased 18,400 shares of company stock worth $619,671 in the last 90 days. 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.