Cumberland Partners Ltd Sells 1,500 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Cumberland Partners Ltd decreased its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,860 shares of the company’s stock after selling 1,500 shares during the period. Cumberland Partners Ltd’s holdings in Yum China were worth $1,734,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Perigon Wealth Management LLC raised its position in shares of Yum China by 2.6% in the third quarter. Perigon Wealth Management LLC now owns 7,576 shares of the company’s stock valued at $422,000 after purchasing an additional 194 shares during the period. Grantham Mayo Van Otterloo & Co. LLC raised its position in shares of Yum China by 1.6% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 15,551 shares of the company’s stock valued at $867,000 after purchasing an additional 243 shares during the period. Sepio Capital LP raised its position in shares of Yum China by 2.0% in the third quarter. Sepio Capital LP now owns 13,641 shares of the company’s stock valued at $760,000 after purchasing an additional 273 shares during the period. Ieq Capital LLC raised its position in shares of Yum China by 6.2% in the third quarter. Ieq Capital LLC now owns 4,717 shares of the company’s stock valued at $263,000 after purchasing an additional 276 shares during the period. Finally, Carmichael Hill & Associates Inc. raised its position in shares of Yum China by 10.1% in the fourth quarter. Carmichael Hill & Associates Inc. now owns 3,278 shares of the company’s stock valued at $139,000 after purchasing an additional 300 shares during the period. Institutional investors own 85.58% of the company’s stock.

Yum China Price Performance

Yum China stock traded up $1.13 during midday trading on Tuesday, reaching $38.36. 2,712,524 shares of the stock were exchanged, compared to its average volume of 3,460,167. The company’s fifty day moving average is $40.16 and its 200-day moving average is $42.15. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.24 and a current ratio of 1.42. The firm has a market cap of $15.04 billion, a PE ratio of 18.99, a PEG ratio of 1.39 and a beta of 0.45. Yum China Holdings, Inc. has a 52 week low of $33.55 and a 52 week high of $64.50.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Tuesday, February 6th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.12. Yum China had a net margin of 7.53% and a return on equity of 11.63%. The business had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the previous year, the company earned $0.13 EPS. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. On average, sell-side analysts forecast that Yum China Holdings, Inc. will post 2.19 EPS for the current year.

Yum China Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Tuesday, March 5th were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend was Monday, March 4th. This is a boost from Yum China’s previous quarterly dividend of $0.13. Yum China’s payout ratio is currently 32.65%.

Analyst Ratings Changes

Several analysts have recently issued reports on YUMC shares. HSBC lowered their price target on shares of Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a research report on Wednesday, March 6th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $38.00 target price (down previously from $65.00) on shares of Yum China in a report on Thursday, January 4th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.65.

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.