Ativo Capital Management LLC purchased a new stake in shares of Yum China (NYSE:YUMC - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 124,780 shares of the company's stock, valued at approximately $6,496,000. Yum China comprises about 5.6% of Ativo Capital Management LLC's portfolio, making the stock its 4th largest position.
Other large investors have also recently modified their holdings of the company. Fisher Asset Management LLC raised its position in Yum China by 13.0% during the 4th quarter. Fisher Asset Management LLC now owns 9,750 shares of the company's stock worth $470,000 after purchasing an additional 1,125 shares during the last quarter. US Bancorp DE increased its stake in shares of Yum China by 40.4% in the fourth quarter. US Bancorp DE now owns 31,821 shares of the company's stock valued at $1,533,000 after buying an additional 9,155 shares during the period. Modera Wealth Management LLC bought a new position in shares of Yum China during the fourth quarter worth about $208,000. Jones Financial Companies Lllp lifted its stake in shares of Yum China by 40.2% in the fourth quarter. Jones Financial Companies Lllp now owns 13,887 shares of the company's stock worth $669,000 after acquiring an additional 3,979 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its holdings in Yum China by 4.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company's stock valued at $298,000 after acquiring an additional 276 shares during the last quarter. Institutional investors own 85.58% of the company's stock.
Wall Street Analyst Weigh In
Separately, Daiwa America upgraded shares of Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. One analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $48.70.
Read Our Latest Stock Report on Yum China
Yum China Trading Down 0.4%
YUMC traded down $0.19 during trading on Friday, reaching $45.76. 1,115,645 shares of the stock traded hands, compared to its average volume of 2,888,229. The company has a quick ratio of 1.11, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. The stock's 50-day moving average is $44.16 and its 200 day moving average is $46.35. Yum China has a 12 month low of $28.50 and a 12 month high of $53.99. The stock has a market capitalization of $16.99 billion, a PE ratio of 19.15, a P/E/G ratio of 1.73 and a beta of 0.28.
Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). Yum China had a net margin of 8.09% and a return on equity of 14.08%. The business had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter in the previous year, the company earned $0.71 EPS. The firm's revenue for the quarter was up .8% on a year-over-year basis. Equities analysts anticipate that Yum China will post 2.54 earnings per share for the current year.
Yum China Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend was Wednesday, May 28th. Yum China's payout ratio is 40.17%.
Yum China Profile
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Free Report)
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.
Further Reading

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