Bank Pictet & Cie Europe AG Acquires New Position in Yum China Holdings, Inc. (NYSE:YUMC)

Bank Pictet & Cie Europe AG acquired a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 19,100 shares of the company's stock, valued at approximately $990,000.

Several other institutional investors also recently bought and sold shares of the company. Snowden Capital Advisors LLC boosted its holdings in shares of Yum China by 5.8% during the 4th quarter. Snowden Capital Advisors LLC now owns 4,726 shares of the company's stock valued at $228,000 after acquiring an additional 261 shares during the last quarter. Atria Investments Inc boosted its holdings in shares of Yum China by 1.2% during the 4th quarter. Atria Investments Inc now owns 23,074 shares of the company's stock valued at $1,111,000 after acquiring an additional 273 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of Yum China by 4.7% during the 4th 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. EverSource Wealth Advisors LLC boosted its holdings in shares of Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after acquiring an additional 324 shares during the last quarter. Finally, Merit Financial Group LLC boosted its holdings in shares of Yum China by 4.9% during the 1st quarter. Merit Financial Group LLC now owns 7,006 shares of the company's stock valued at $365,000 after acquiring an additional 330 shares during the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Stock Performance

YUMC opened at $43.55 on Monday. The company has a current ratio of 1.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The company has a market cap of $16.26 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 1.72 and a beta of 0.28. The company's 50 day moving average is $44.20 and its 200 day moving average is $46.80. Yum China Holdings, Inc. has a 12-month low of $28.50 and a 12-month high of $53.99.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). The business had revenue of $2.98 billion during the quarter, compared to analysts' expectations of $3.13 billion. Yum China had a return on equity of 13.83% and a net margin of 8.06%. The business's quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.71 EPS. On average, equities research analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Wednesday, May 28th. Yum China's payout ratio is 40.17%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on YUMC. Daiwa America raised shares of Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. Wall Street Zen downgraded shares of Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Yum China presently has a consensus rating of "Buy" and a consensus price target 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.

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