109,245 Shares in Yum China (NYSE:YUMC) Bought by Banque Cantonale Vaudoise

Key Points

• Banque Cantonale Vaudoise acquired 109,245 shares of Yum China for about $5.7 million in the first quarter, indicating substantial institutional interest in the stock.
• Yum China reported a quarterly earnings miss with an EPS of $0.77 against an expected $0.78, alongside revenue of $2.98 billion, below the $3.13 billion estimate.
• The company recently declared a quarterly dividend of $0.24 per share, giving a yield of 2.05% and a payout ratio of 40.17%.

Banque Cantonale Vaudoise acquired a new position in Yum China (NYSE:YUMC - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 109,245 shares of the company's stock, valued at approximately $5,687,000.

Several other institutional investors have also recently bought and sold shares of the stock. GeoWealth Management LLC grew its holdings in Yum China by 689.6% during the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock worth $25,000 after acquiring an additional 462 shares during the period. Hughes Financial Services LLC acquired a new stake in Yum China during the 1st quarter worth $29,000. CX Institutional acquired a new stake in Yum China during the 1st quarter worth $37,000. Goodman Advisory Group LLC acquired a new stake in Yum China during the 1st quarter worth $41,000. Finally, Hollencrest Capital Management grew its holdings in shares of Yum China by 121.4% in the 1st quarter. Hollencrest Capital Management now owns 912 shares of the company's stock valued at $47,000 after buying an additional 500 shares during the period. Institutional investors own 85.58% of the company's stock.

Analysts Set New Price Targets

Separately, Daiwa America raised shares of Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $48.70.

Yum China Trading Up 0.1%

Shares of YUMC stock traded up $0.05 on Friday, hitting $46.73. The stock had a trading volume of 1,586,568 shares, compared to its average volume of 2,613,689. Yum China has a twelve month low of $28.50 and a twelve month high of $53.99. The firm has a market cap of $17.35 billion, a P/E ratio of 19.55, a PEG ratio of 1.76 and a beta of 0.28. The company has a current ratio of 1.26, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01. The company has a fifty day moving average price of $45.24 and a two-hundred day moving average price of $46.43.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). The company had revenue of $2.98 billion during the quarter, compared to analyst estimates of $3.13 billion. Yum China had a return on equity of 14.08% and a net margin of 8.09%. Yum China's revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $0.71 earnings per share. As a group, analysts forecast that Yum China will post 2.54 earnings per share for the current fiscal year.

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.