USS Investment Management Ltd Has $34.44 Million Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

USS Investment Management Ltd lowered its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 19.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 714,718 shares of the company’s stock after selling 167,600 shares during the quarter. USS Investment Management Ltd owned 0.19% of Yum China worth $34,435,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. GeoWealth Management LLC raised its holdings in shares of Yum China by 689.6% during the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company’s stock valued at $25,000 after acquiring an additional 462 shares during the period. Kentucky Trust Co acquired a new position in Yum China in the 4th quarter valued at approximately $29,000. Graney & King LLC acquired a new position in Yum China in the 4th quarter valued at approximately $39,000. EverSource Wealth Advisors LLC increased its stake in Yum China by 58.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock valued at $42,000 after buying an additional 324 shares during the period. Finally, Atlas Capital Advisors Inc. acquired a new position in Yum China in the 4th quarter valued at approximately $48,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Daiwa America upgraded shares of Yum China to a “strong-buy” rating in a research note on Wednesday, April 9th. StockNews.com lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Yum China currently has an average rating of “Buy” and an average price target of $48.70.

Yum China Stock Performance

YUMC stock opened at $44.61 on Tuesday. 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 company has a market capitalization of $16.65 billion, a price-to-earnings ratio of 19.15, a P/E/G ratio of 1.72 and a beta of 0.27. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $53.99. The firm has a 50 day moving average of $47.13 and a two-hundred day moving average of $47.37.

Yum China (NYSE:YUMC) last posted its earnings results on Wednesday, April 30th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). The business had revenue of $2.98 billion during the quarter, compared to the consensus estimate of $3.13 billion. Yum China had a return on equity of 13.83% and a net margin of 8.06%. The business’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.71 earnings per share. As a group, equities analysts anticipate that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.15%. The ex-dividend date is Wednesday, May 28th. Yum China’s dividend payout ratio is currently 40.17%.

Insider Buying and Selling

In other news, CEO Joey Wat sold 37,252 shares of the 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 completion of the transaction, the chief executive officer now owns 382,657 shares in the company, valued at approximately $19,021,879.47. This represents a 8.87% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 transaction of $202,360.00. Following the completion of the transaction, the chief technology officer now owns 52,075 shares of the company’s stock, valued at approximately $2,634,474.25. This represents a 7.13% decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is owned by insiders.

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.