Bank Pictet & Cie Europe AG Purchases Shares of 19,100 Yum China (NYSE:YUMC)

Bank Pictet & Cie Europe AG purchased a new position in shares of Yum China (NYSE:YUMC - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 19,100 shares of the company's stock, valued at approximately $990,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of YUMC. GeoWealth Management LLC boosted its holdings in Yum China by 689.6% in the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after purchasing an additional 462 shares during the last quarter. CX Institutional purchased a new position in shares of Yum China during the 1st quarter valued at approximately $37,000. Graney & King LLC acquired a new stake in shares of Yum China during the fourth quarter worth approximately $39,000. EverSource Wealth Advisors LLC increased its stake in shares of Yum China by 58.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock worth $42,000 after buying an additional 324 shares during the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new stake in Yum China in the fourth quarter valued at $48,000. Hedge funds and other institutional investors own 85.58% of the company's stock.

Wall Street Analyst Weigh In

YUMC has been the subject of several research analyst reports. Daiwa America raised shares of Yum China to a "strong-buy" rating in a research report on Wednesday, April 9th. Wall Street Zen lowered Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $48.70.

Yum China Stock Performance

YUMC traded down $0.14 on Thursday, hitting $42.79. 1,382,841 shares of the company's stock were exchanged, compared to its average volume of 2,908,519. The company has a current ratio of 1.26, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average of $44.07 and a two-hundred day moving average of $46.73. Yum China has a twelve month low of $28.50 and a twelve month high of $53.99. The firm has a market cap of $15.97 billion, a PE ratio of 17.90, a P/E/G ratio of 1.65 and a beta of 0.28.

Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $2.98 billion during the quarter, compared to the consensus estimate of $3.13 billion. Yum China had a return on equity of 14.08% and a net margin of 8.09%. The company's revenue for the quarter was up .8% on a year-over-year basis. During the same period last year, the business posted $0.71 EPS. On average, research analysts anticipate that Yum China will post 2.54 earnings per share 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 issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend was Wednesday, May 28th. Yum China's dividend payout ratio (DPR) is 40.17%.

Yum China 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.