Aberdeen Group plc Reduces Stake in Yum China $YUMC

Key Points

• Aberdeen Group plc significantly reduced its stake in Yum China by 75.1%, selling 313,608 shares and now holds 103,740 shares valued at $5.35 million.
• The company reported earnings per share of $0.58, exceeding the estimated $0.57, with a 4% increase in revenue year-over-year.
• Yum China announced a quarterly dividend of $0.24 per share, with an annualized yield of 2.2% and a payout ratio of 39.67%.

Aberdeen Group plc cut its stake in shares of Yum China (NYSE:YUMC - Free Report) by 75.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 103,740 shares of the company's stock after selling 313,608 shares during the period. Aberdeen Group plc's holdings in Yum China were worth $5,345,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in YUMC. Mariner LLC raised its stake in Yum China by 3.6% during the 4th quarter. Mariner LLC now owns 24,859 shares of the company's stock valued at $1,197,000 after acquiring an additional 874 shares during the last quarter. NewEdge Advisors LLC raised its stake in Yum China by 53.9% during the 4th quarter. NewEdge Advisors LLC now owns 9,686 shares of the company's stock valued at $467,000 after acquiring an additional 3,393 shares during the last quarter. GeoWealth Management LLC raised its stake in Yum China by 689.6% during the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after acquiring an additional 462 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Yum China by 3.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,927,991 shares of the company's stock valued at $92,874,000 after acquiring an additional 56,979 shares during the last quarter. Finally, First Trust Advisors LP purchased a new stake in Yum China during the 4th quarter valued at approximately $475,000. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Stock Performance

Shares of YUMC stock traded down $0.59 during trading hours on Tuesday, reaching $46.44. 7,018,424 shares of the company's stock were exchanged, compared to its average volume of 1,882,667. The company has a market cap of $17.12 billion, a P/E ratio of 19.19, a price-to-earnings-growth ratio of 1.77 and a beta of 0.27. The company's 50 day moving average is $45.90 and its two-hundred day moving average is $46.43. Yum China has a 1 year low of $32.85 and a 1 year high of $53.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.39 and a quick ratio of 1.22.

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

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 2nd will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 2nd. Yum China's dividend payout ratio (DPR) is presently 39.67%.

About Yum China

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.