CIBC Private Wealth Group LLC Sells 2,669 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

CIBC Private Wealth Group LLC lowered its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 3.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,297 shares of the company’s stock after selling 2,669 shares during the period. CIBC Private Wealth Group LLC’s holdings in Yum China were worth $3,868,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Kentucky Trust Co bought a new position in shares of Yum China in the 4th quarter valued at about $29,000. Graney & King LLC bought a new position in Yum China in the fourth quarter valued at approximately $39,000. EverSource Wealth Advisors LLC increased its position in shares of Yum China by 58.5% during 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 last quarter. Brown Brothers Harriman & Co. raised its stake in shares of Yum China by 33.5% during the 4th quarter. Brown Brothers Harriman & Co. now owns 1,735 shares of the company’s stock worth $84,000 after purchasing an additional 435 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Yum China by 32.7% in the 4th quarter. Signaturefd LLC now owns 1,825 shares of the company’s stock valued at $88,000 after buying an additional 450 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Price Performance

NYSE:YUMC opened at $53.28 on Thursday. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $53.99. The firm has a market capitalization of $20.04 billion, a price-to-earnings ratio of 22.87, a P/E/G ratio of 1.72 and a beta of 0.32. The stock’s 50 day moving average price is $49.18 and its two-hundred day moving average price is $47.03. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

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

Yum China Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued a dividend of $0.24 per share. This is an increase from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 1.80%. Yum China’s payout ratio is presently 41.20%.

Analyst Ratings Changes

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

Insider Activity at Yum China

In related news, CTO Leila Zhang sold 4,000 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $50.59, for a total value of $202,360.00. Following the transaction, the chief technology officer now directly owns 52,075 shares in the company, valued at approximately $2,634,474.25. This represents a 7.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jeff Kuai sold 3,900 shares of the business’s stock in a transaction dated Monday, February 17th. The shares were sold at an average price of $48.21, for a total transaction of $188,019.00. Following the completion of the sale, 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 45,152 shares of company stock worth $2,242,176. 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.