Allspring Global Investments Holdings LLC Acquires 779 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Allspring Global Investments Holdings LLC increased its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 0.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,553,408 shares of the company’s stock after purchasing an additional 779 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Yum China were worth $165,590,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. FMR LLC lifted its stake in shares of Yum China by 4,176.5% in the third quarter. FMR LLC now owns 3,588,977 shares of the company’s stock worth $161,576,000 after acquiring an additional 3,505,053 shares during the period. Waverton Investment Management Ltd raised its stake in Yum China by 350.7% during the third quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock worth $189,202,000 after buying an additional 3,270,560 shares during the last quarter. Principal Financial Group Inc. boosted its position in Yum China by 49.6% during the third quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock valued at $356,206,000 after acquiring an additional 2,609,494 shares during the last quarter. Temasek Holdings Private Ltd raised its position in shares of Yum China by 61.4% in the 3rd quarter. Temasek Holdings Private Ltd now owns 2,942,959 shares of the company’s stock worth $132,492,000 after acquiring an additional 1,120,054 shares in the last quarter. Finally, Hhlr Advisors LTD. bought a new stake in shares of Yum China during the 3rd quarter valued at about $29,977,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Duoduo (Howard) Huang sold 6,377 shares of the company’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 value of $302,716.19. Following the transaction, the insider now owns 16,641 shares in the company, valued at approximately $789,948.27. This represents a 27.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on YUMC. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. StockNews.com downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research note on Sunday. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Yum China presently has an average rating of “Buy” and an average price target of $49.57.

Yum China Trading Down 1.3 %

NYSE YUMC opened at $47.43 on Wednesday. The business has a 50 day moving average price of $46.87 and a 200-day moving average price of $42.66. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $52.00. 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 cap of $18.01 billion, a price-to-earnings ratio of 20.36, a P/E/G ratio of 1.50 and a beta of 0.33.

Yum China (NYSE:YUMC) last released its quarterly earnings data 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 analysts expect that Yum China Holdings, Inc. will post 2.55 earnings per share for the current fiscal year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.24 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 2.02%. This is an increase from Yum China’s previous quarterly dividend of $0.16. Yum China’s payout ratio is 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.