Ativo Capital Management LLC Invests $6.50 Million in Yum China (NYSE:YUMC)

Ativo Capital Management LLC bought a new position in Yum China (NYSE:YUMC - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 124,780 shares of the company's stock, valued at approximately $6,496,000. Yum China accounts for approximately 5.6% of Ativo Capital Management LLC's investment portfolio, making the stock its 4th biggest holding.

Several other large investors have also recently modified their holdings of the stock. GAMMA Investing LLC lifted its holdings in shares of Yum China by 4,967.3% during the first quarter. GAMMA Investing LLC now owns 98,914 shares of the company's stock valued at $5,149,000 after purchasing an additional 96,962 shares during the last quarter. AXA S.A. raised its holdings in Yum China by 34.4% in the 4th quarter. AXA S.A. now owns 31,286 shares of the company's stock worth $1,507,000 after purchasing an additional 8,016 shares during the period. Sarasin & Partners LLP bought a new position in shares of Yum China during the 1st quarter valued at approximately $2,863,000. Jupiter Asset Management Ltd. bought a new stake in Yum China during the fourth quarter valued at about $31,836,000. Finally, XTX Topco Ltd bought a new stake in Yum China during the 4th quarter valued at approximately $746,000. Hedge funds and other institutional investors own 85.58% of the company's stock.

Yum China Stock Down 0.4%

NYSE YUMC traded down $0.19 during trading on Thursday, hitting $45.76. The company's stock had a trading volume of 1,115,645 shares, compared to its average volume of 2,883,425. The company has a market cap of $16.99 billion, a PE ratio of 19.23, a P/E/G ratio of 1.74 and a beta of 0.28. Yum China has a fifty-two week low of $28.50 and a fifty-two week high of $53.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 1.11. The business's 50 day simple moving average is $44.16 and its 200-day simple moving average is $46.41.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings data 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 return on equity of 14.08% and a net margin of 8.09%. The company had revenue of $2.98 billion during the quarter, compared to analysts' expectations of $3.13 billion. During the same quarter in the prior year, the company posted $0.71 EPS. The company's revenue for the quarter was up .8% on a year-over-year basis. On average, equities analysts anticipate that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th were paid a $0.24 dividend. The ex-dividend date was Wednesday, May 28th. This represents a $0.96 annualized dividend and a dividend yield of 2.10%. Yum China's dividend payout ratio (DPR) is 40.17%.

Analyst Ratings Changes

Separately, Daiwa America upgraded Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $48.70.

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.