Krane Funds Advisors LLC Has $214,000 Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Krane Funds Advisors LLC lessened its position in Yum China Holdings, Inc. (NYSE:YUMC) by 31.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,045 shares of the company’s stock after selling 2,289 shares during the quarter. Krane Funds Advisors LLC’s holdings in Yum China were worth $214,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank acquired a new position in shares of Yum China during the 4th quarter worth approximately $265,777,000. Dodge & Cox boosted its stake in shares of Yum China by 23,769.2% during the 4th quarter. Dodge & Cox now owns 3,165,531 shares of the company’s stock worth $134,313,000 after acquiring an additional 3,152,269 shares during the period. Schroder Investment Management Group boosted its stake in shares of Yum China by 23.3% during the 3rd quarter. Schroder Investment Management Group now owns 4,847,238 shares of the company’s stock worth $270,088,000 after acquiring an additional 916,418 shares during the period. FIL Ltd boosted its stake in shares of Yum China by 8.3% during the 4th quarter. FIL Ltd now owns 7,584,264 shares of the company’s stock worth $322,139,000 after acquiring an additional 582,792 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Yum China by 61.6% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,347,908 shares of the company’s stock worth $57,289,000 after acquiring an additional 513,615 shares during the period. Institutional investors and hedge funds own 85.58% of the company’s stock.

Wall Street Analyst Weigh In

Separately, HSBC reduced their target price on Yum China from $66.80 to $51.30 and set a “buy” rating for the company in a research note on Wednesday, March 6th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.65.

Yum China Stock Performance

YUMC traded down $0.82 during trading on Friday, hitting $33.91. The stock had a trading volume of 2,274,555 shares, compared to its average volume of 2,596,586. The company has a 50 day moving average price of $37.11 and a 200-day moving average price of $38.95. The firm has a market cap of $13.21 billion, a price-to-earnings ratio of 17.04, a P/E/G ratio of 1.60 and a beta of 0.39. Yum China Holdings, Inc. has a one year low of $33.55 and a one year high of $61.99. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.24.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Monday, April 29th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.06. The business had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.05 billion. Yum China had a return on equity of 11.90% and a net margin of 7.49%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.69 EPS. As a group, research analysts predict that Yum China Holdings, Inc. will post 2.18 EPS for the current year.

Yum China Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Investors of record on Tuesday, May 28th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Friday, May 24th. This represents a $0.64 annualized dividend and a yield of 1.89%. Yum China’s dividend payout ratio (DPR) is presently 32.16%.

Yum China Company 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.