Zurcher Kantonalbank Zurich Cantonalbank Sells 9,993 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Zurcher Kantonalbank Zurich Cantonalbank trimmed its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 4.1% during the fourth quarter, HoldingsChannel reports. The fund owned 234,563 shares of the company’s stock after selling 9,993 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Yum China were worth $11,299,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Kentucky Trust Co acquired a new stake in Yum China during the 4th quarter valued at approximately $29,000. Farther Finance Advisors LLC increased its stake in Yum China by 43.9% in the third quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after purchasing an additional 258 shares in the last quarter. Prospera Private Wealth LLC bought a new stake in Yum China in the 3rd quarter valued at about $110,000. Ashton Thomas Securities LLC acquired a new stake in Yum China in the third quarter valued at approximately $139,000. Finally, Independence Bank of Kentucky raised its position in shares of Yum China by 1,374.5% during the fourth quarter. Independence Bank of Kentucky now owns 2,949 shares of the company’s stock worth $142,000 after purchasing an additional 2,749 shares during the period. Institutional investors own 85.58% of the company’s stock.

Analyst Upgrades and Downgrades

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

Yum China Trading Up 0.4 %

NYSE YUMC opened at $49.31 on Thursday. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $18.54 billion, a P/E ratio of 21.16, a PEG ratio of 1.72 and a beta of 0.35. The business has a fifty day simple moving average of $46.74 and a 200 day simple moving average of $45.09. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00.

Yum China (NYSE:YUMC) last announced its earnings results on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. On average, analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.24 per share. The ex-dividend date is Thursday, March 6th. This is a positive change from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 annualized dividend and a dividend yield of 1.95%. Yum China’s dividend payout ratio (DPR) is currently 41.20%.

Insider Transactions at Yum China

In other Yum China news, insider Jeff Kuai sold 3,900 shares of the business’s stock in a transaction on Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, the insider now directly owns 56,602 shares in the company, valued at $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Joey Wat sold 37,252 shares of the company’s 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 transaction, the chief executive officer now directly owns 382,657 shares in the company, valued at $19,021,879.47. This represents a 8.87 % decrease in their position. The disclosure for this sale can be found here. Company 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.