Soros Capital Management LLC Invests $14.68 Million in Yum China $YUMC

Key Points

• Soros Capital Management LLC purchased 282,000 shares of Yum China, representing approximately $14.68 million and making the stock its 9th largest holding.
• Yum China recently reported earnings of $0.58 EPS for the quarter, exceeding analysts' expectations of $0.57, with a revenue increase of 4% year-over-year.
• The company declared a quarterly dividend of $0.24 per share, with an annualized yield of 2.1%, scheduled for payment on September 23rd.

Soros Capital Management LLC purchased a new stake in Yum China (NYSE:YUMC - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 282,000 shares of the company's stock, valued at approximately $14,681,000. Yum China comprises 3.8% of Soros Capital Management LLC's holdings, making the stock its 9th largest position. Soros Capital Management LLC owned approximately 0.08% of Yum China as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of YUMC. GeoWealth Management LLC grew its stake in Yum China by 689.6% in the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after buying an additional 462 shares during the last quarter. Hughes Financial Services LLC acquired a new position in Yum China in the 1st quarter valued at about $29,000. SouthState Corp grew its stake in Yum China by 4,915.4% in the 1st quarter. SouthState Corp now owns 652 shares of the company's stock valued at $34,000 after buying an additional 639 shares during the last quarter. CX Institutional acquired a new position in Yum China in the 1st quarter valued at about $37,000. Finally, Goodman Advisory Group LLC acquired a new position in Yum China in the 1st quarter valued at about $41,000. Institutional investors and hedge funds own 85.58% of the company's stock.

Yum China Stock Performance

YUMC traded up $0.17 on Friday, reaching $44.75. The company had a trading volume of 1,398,449 shares, compared to its average volume of 2,157,687. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.22 and a current ratio of 1.39. The stock has a market cap of $16.50 billion, a P/E ratio of 18.49, a P/E/G ratio of 1.69 and a beta of 0.27. Yum China has a fifty-two week low of $33.33 and a fifty-two week high of $53.99. The company's fifty day moving average is $46.01 and its 200 day moving average is $46.36.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.01. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The business's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.55 EPS. As a group, analysts predict that Yum China will post 2.54 earnings per share for the current fiscal year.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd will be issued a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.96 dividend on an annualized basis and a yield of 2.1%. Yum China's payout ratio is currently 39.67%.

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.