Banque Pictet & Cie SA Invests $2.09 Million in Yum China (NYSE:YUMC)

Banque Pictet & Cie SA bought a new position in shares of Yum China (NYSE:YUMC - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 40,350 shares of the company's stock, valued at approximately $2,092,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in Yum China by 4,967.3% during the 1st quarter. GAMMA Investing LLC now owns 98,914 shares of the company's stock worth $5,149,000 after purchasing an additional 96,962 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Yum China by 35.6% during the 1st quarter. Principal Financial Group Inc. now owns 14,102,077 shares of the company's stock worth $734,150,000 after acquiring an additional 3,704,756 shares in the last quarter. AXA S.A. boosted its position in shares of Yum China by 34.4% during the 4th quarter. AXA S.A. now owns 31,286 shares of the company's stock worth $1,507,000 after acquiring an additional 8,016 shares in the last quarter. Sarasin & Partners LLP acquired a new position in shares of Yum China during the 1st quarter worth about $2,863,000. Finally, Jupiter Asset Management Ltd. acquired a new position in shares of Yum China during the 4th quarter worth about $31,836,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Yum China Stock Performance

Shares of NYSE YUMC traded down $0.28 during trading hours on Friday, reaching $47.60. The stock had a trading volume of 1,387,652 shares, compared to its average volume of 2,888,712. The firm has a market cap of $17.67 billion, a price-to-earnings ratio of 19.92, a PEG ratio of 1.80 and a beta of 0.28. The company has a current ratio of 1.26, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01. Yum China has a fifty-two week low of $28.50 and a fifty-two week high of $53.99. The firm has a 50-day moving average of $44.44 and a 200-day moving average of $46.28.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results 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 firm had revenue of $2.98 billion during the quarter, compared to analyst estimates of $3.13 billion. Yum China had a net margin of 8.09% and a return on equity of 14.08%. The firm's revenue for the quarter was up .8% compared to the same quarter last year. During the same period last year, the company earned $0.71 earnings per share. Equities research analysts predict that Yum China will post 2.54 earnings per share for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th were given a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.02%. Yum China's dividend payout ratio (DPR) is presently 40.17%.

Analyst Ratings Changes

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

Yum China Company 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.