Public Employees Retirement Association of Colorado Reduces Position in Yum China Holdings Inc (YUMC)

Public Employees Retirement Association of Colorado lowered its holdings in shares of Yum China Holdings Inc (NYSE:YUMC) by 66.1% during the 1st quarter, HoldingsChannel reports. The fund owned 5,920 shares of the company’s stock after selling 11,525 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Yum China were worth $266,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Lavaca Capital LLC bought a new position in shares of Yum China in the fourth quarter worth approximately $25,000. Paragon Capital Management LLC bought a new position in shares of Yum China in the first quarter worth approximately $26,000. Doyle Wealth Management bought a new position in shares of Yum China in the fourth quarter worth approximately $28,000. Baldwin Brothers Inc. MA bought a new position in shares of Yum China in the first quarter worth approximately $28,000. Finally, Intercontinental Wealth Advisors LLC bought a new position in shares of Yum China in the fourth quarter worth approximately $34,000. 78.20% of the stock is currently owned by institutional investors and hedge funds.

In other news, insider Angela Ai sold 7,368 shares of the business’s stock in a transaction that occurred on Wednesday, February 27th. The shares were sold at an average price of $42.00, for a total transaction of $309,456.00. Following the completion of the transaction, the insider now directly owns 16,382 shares of the company’s stock, valued at $688,044. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alice H. Wang sold 1,697 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $46.09, for a total transaction of $78,214.73. Following the transaction, the insider now directly owns 10,120 shares of the company’s stock, valued at $466,430.80. The disclosure for this sale can be found here. Insiders have sold 36,428 shares of company stock valued at $1,590,043 over the last three months. 0.44% of the stock is owned by corporate insiders.

Several research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research note on Thursday, April 4th. UBS Group upped their target price on shares of Yum China from $46.07 to $56.06 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. TheStreet upgraded shares of Yum China from a “c+” rating to a “b” rating in a research note on Thursday, January 24th. OTR Global upgraded shares of Yum China to a “positive” rating in a research note on Thursday, April 11th. Finally, Bank of America upgraded shares of Yum China from a “neutral” rating to a “buy” rating and set a $47.20 target price on the stock in a research note on Tuesday, April 30th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $47.88.

YUMC opened at $41.43 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.30 and a quick ratio of 1.31. Yum China Holdings Inc has a twelve month low of $30.10 and a twelve month high of $48.27. The company has a market cap of $16.15 billion, a PE ratio of 27.08, a P/E/G ratio of 2.61 and a beta of 0.81.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Monday, April 29th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.07. Yum China had a net margin of 7.55% and a return on equity of 20.36%. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same period in the previous year, the company earned $0.53 earnings per share. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. As a group, research analysts predict that Yum China Holdings Inc will post 1.68 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Tuesday, May 28th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, May 24th. This represents a $0.48 annualized dividend and a dividend yield of 1.16%. Yum China’s payout ratio is 31.37%.

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Yum China Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Taco Bell, East Dawning, Little Sheep, and COFFii & JOY brands, which specialize in chicken, pizza, hot pot cooking, Chinese food, Mexican-style food, and coffee categories.

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Want to see what other hedge funds are holding YUMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yum China Holdings Inc (NYSE:YUMC).

Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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