TIAA Trust National Association Buys 775 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

TIAA Trust National Association lifted its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 11.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,297 shares of the company’s stock after acquiring an additional 775 shares during the quarter. TIAA Trust National Association’s holdings in Yum China were worth $351,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Kentucky Trust Co bought a new position in Yum China during the fourth quarter valued at approximately $29,000. EverSource Wealth Advisors LLC raised its position in Yum China by 58.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock worth $42,000 after purchasing an additional 324 shares during the period. Signaturefd LLC lifted its stake in Yum China by 32.7% in the fourth quarter. Signaturefd LLC now owns 1,825 shares of the company’s stock worth $88,000 after purchasing an additional 450 shares during the last quarter. Independence Bank of Kentucky boosted its position in Yum China by 1,374.5% during the fourth quarter. Independence Bank of Kentucky now owns 2,949 shares of the company’s stock valued at $142,000 after buying an additional 2,749 shares during the period. Finally, Flagship Wealth Advisors LLC bought a new position in shares of Yum China during the fourth quarter valued at about $159,000. Institutional investors own 85.58% of the company’s stock.

Yum China Trading Down 2.4 %

NYSE:YUMC opened at $51.89 on Friday. The firm has a market capitalization of $19.52 billion, a P/E ratio of 22.27, a P/E/G ratio of 1.72 and a beta of 0.35. Yum China Holdings, Inc. has a 52 week low of $28.50 and a 52 week high of $53.99. 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 fifty day moving average of $48.71 and a 200 day moving average of $46.55.

Yum China (NYSE:YUMC) last posted its earnings results 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 return on equity of 13.83% and a net margin of 8.06%. On average, research analysts predict that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.24 per share. The ex-dividend date was Thursday, March 6th. This is a boost from Yum China’s previous quarterly dividend of $0.16. This represents a $0.96 annualized dividend and a dividend yield of 1.85%. Yum China’s payout ratio is 41.20%.

Wall Street Analyst Weigh In

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

Insider Activity at Yum China

In related news, insider Jeff Kuai sold 3,900 shares of the stock in a transaction dated Monday, February 17th. The shares were 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 directly owns 56,602 shares of the company’s stock, valued at $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Leila Zhang sold 4,000 shares of Yum China stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $50.59, for a total value of $202,360.00. Following the sale, the chief technology officer now directly owns 52,075 shares in the company, valued at approximately $2,634,474.25. The trade was a 7.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 45,152 shares of company stock worth $2,242,176 over the last quarter. 0.30% of the stock is owned by corporate 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.