Camelot Portfolios LLC Reduces Position in Yum China Holdings, Inc. (NYSE:YUMC)

Camelot Portfolios LLC cut its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 11.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,158 shares of the company’s stock after selling 3,183 shares during the period. Yum China accounts for 1.3% of Camelot Portfolios LLC’s portfolio, making the stock its 22nd biggest position. Camelot Portfolios LLC’s holdings in Yum China were worth $1,164,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Kentucky Trust Co purchased a new stake in shares of Yum China in the fourth quarter worth $29,000. Farther Finance Advisors LLC raised its stake in Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock valued at $38,000 after buying an additional 258 shares during the last quarter. Concord Wealth Partners boosted its stake in shares of Yum China by 56.9% in the 3rd quarter. Concord Wealth Partners now owns 1,571 shares of the company’s stock worth $71,000 after buying an additional 570 shares during the last quarter. Eastern Bank bought a new stake in shares of Yum China in the third quarter worth $103,000. Finally, Prospera Private Wealth LLC purchased a new stake in Yum China during the third quarter valued at $110,000. Institutional investors own 85.58% of the company’s stock.

Insider Transactions at Yum China

In other Yum China news, insider Duoduo (Howard) Huang sold 6,377 shares of Yum China stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $47.47, for a total transaction of $302,716.19. Following the completion of the sale, the insider now owns 16,641 shares of the company’s stock, valued at approximately $789,948.27. The trade was a 27.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jeff Kuai sold 3,900 shares of the firm’s stock in a transaction dated Monday, February 17th. The stock was sold at an average price of $48.21, for a total value of $188,019.00. Following the completion of the transaction, the insider now owns 56,602 shares of the company’s stock, valued at approximately $2,728,782.42. The trade was a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.30% of the company’s stock.

Yum China Price Performance

NYSE:YUMC opened at $46.62 on Friday. The firm has a market capitalization of $17.71 billion, a price-to-earnings ratio of 20.01, a PEG ratio of 1.72 and a beta of 0.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. The business has a 50 day simple moving average of $46.72 and a 200-day simple moving average of $43.61. Yum China Holdings, Inc. has a 1 year low of $28.50 and a 1 year high of $52.00.

Yum China (NYSE:YUMC) last announced its earnings results on Thursday, February 6th. The company reported $0.30 earnings per share (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%. Equities analysts forecast that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 2.06%. This is a positive change from Yum China’s previous quarterly dividend of $0.16. Yum China’s payout ratio is currently 27.47%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on YUMC. JPMorgan Chase & Co. raised Yum China from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $35.50 to $60.00 in a research report on Tuesday, November 5th. StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research report on Monday, February 17th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $49.57.

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.