Integrated Wealth Concepts LLC Sells 472 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Integrated Wealth Concepts LLC decreased its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 8.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,845 shares of the company’s stock after selling 472 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Yum China were worth $233,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in YUMC. Principal Financial Group Inc. lifted its holdings in Yum China by 32.2% during the fourth quarter. Principal Financial Group Inc. now owns 10,397,321 shares of the company’s stock valued at $500,841,000 after purchasing an additional 2,531,518 shares in the last quarter. FMR LLC lifted its stake in shares of Yum China by 138.5% during the 4th quarter. FMR LLC now owns 8,558,050 shares of the company’s stock valued at $412,241,000 after buying an additional 4,969,073 shares in the last quarter. William Blair Investment Management LLC bought a new position in Yum China in the 4th quarter worth $243,901,000. Arrowstreet Capital Limited Partnership increased its stake in Yum China by 117.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,751,662 shares of the company’s stock worth $228,890,000 after buying an additional 2,570,419 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in Yum China by 95.6% during the fourth quarter. Wellington Management Group LLP now owns 4,580,430 shares of the company’s stock valued at $220,644,000 after acquiring an additional 2,238,720 shares during the period. 85.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

YUMC has been the topic of several recent analyst reports. StockNews.com downgraded Yum China from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Daiwa America upgraded shares of Yum China to a “strong-buy” rating in a research report on Wednesday, April 9th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $48.70.

Insider Activity at Yum China

In other Yum China news, insider Jeff Kuai sold 3,900 shares of the company’s stock in a transaction on Monday, February 17th. The shares were sold at an average price of $48.21, for a total value of $188,019.00. Following the sale, the insider now directly owns 56,602 shares of the company’s stock, valued at approximately $2,728,782.42. This represents a 6.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Joey Wat sold 37,252 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $49.71, for a total value of $1,851,796.92. Following the sale, the chief executive officer now directly owns 382,657 shares in the company, valued at approximately $19,021,879.47. This trade represents a 8.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 45,152 shares of company stock valued at $2,242,176 over the last ninety days. 0.40% of the stock is owned by company insiders.

Yum China Trading Down 1.4 %

Shares of NYSE YUMC opened at $43.43 on Tuesday. Yum China Holdings, Inc. has a fifty-two week low of $28.50 and a fifty-two week high of $53.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The company has a market cap of $16.29 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 1.72 and a beta of 0.27. The business’s 50 day moving average price is $48.07 and its 200-day moving average price is $47.32.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.01). Yum China had a net margin of 8.06% and a return on equity of 13.83%. The company had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $3.13 billion. During the same period last year, the firm earned $0.71 earnings per share. Yum China’s quarterly revenue was up .8% on a year-over-year basis. On average, sell-side analysts expect that Yum China Holdings, Inc. will post 2.54 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th will be paid a dividend of $0.24 per share. The ex-dividend date is Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.21%. Yum China’s dividend payout ratio is presently 40.17%.

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.