Sei Investments Co. Acquires 30,631 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Sei Investments Co. raised its holdings in Yum China Holdings, Inc. (NYSE:YUMC) by 12.8% in the 4th quarter, HoldingsChannel reports. The firm owned 269,075 shares of the company’s stock after purchasing an additional 30,631 shares during the quarter. Sei Investments Co.’s holdings in Yum China were worth $12,961,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Principal Financial Group Inc. grew its holdings 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 purchasing an additional 2,609,494 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Yum China by 8.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 975,425 shares of the company’s stock worth $45,523,000 after acquiring an additional 76,406 shares during the period. Cerity Partners LLC lifted its position in Yum China by 10.0% in the 3rd quarter. Cerity Partners LLC now owns 60,400 shares of the company’s stock valued at $2,719,000 after acquiring an additional 5,500 shares in the last quarter. Kingsview Wealth Management LLC acquired a new position in Yum China in the 3rd quarter worth $258,000. Finally, Daiwa Securities Group Inc. increased its holdings in Yum China by 28.6% during the 3rd quarter. Daiwa Securities Group Inc. now owns 6,745 shares of the company’s stock worth $304,000 after purchasing an additional 1,500 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Stock Performance

Shares of YUMC stock opened at $51.89 on Friday. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $53.99. The company’s fifty day simple moving average is $48.71 and its 200-day simple moving average is $46.55. The firm has a market cap of $19.52 billion, a PE ratio of 22.27, a P/E/G ratio of 1.72 and a beta of 0.35. 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 issued its quarterly earnings results on Thursday, February 6th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). Yum China had a return on equity of 13.83% and a net margin of 8.06%. Equities research analysts expect that Yum China Holdings, Inc. will post 2.54 EPS for the current fiscal year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.85%. This is an increase from Yum China’s previous quarterly dividend of $0.16. The ex-dividend date was Thursday, March 6th. Yum China’s dividend payout ratio (DPR) is currently 41.20%.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other news, 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 transaction, the insider now directly owns 56,602 shares in the company, valued at $2,728,782.42. The trade was a 6.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction of $202,360.00. Following the completion of 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 have sold 45,152 shares of company stock valued at $2,242,176 in the last 90 days. 0.30% of the stock is currently owned by insiders.

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.