Barings LLC Has $23.32 Million Holdings in Yum China (NYSE:YUMC)

Key Points

• Barings LLC reduced its holdings in Yum China by 16.5%, owning 447,969 shares valued at approximately $23.32 million, making it the firm's 23rd largest investment.
• Institutional ownership of Yum China is strong, with 85.58% of the stock held by institutional investors, including significant increases from firms like Mirae Asset Global Investments and FMR LLC.
• Yum China reported a EPS of $0.77 for the recent quarter, missing expectations, and has a consensus rating of "Buy" from analysts with a price target of $48.70.

Barings LLC lessened its position in Yum China (NYSE:YUMC - Free Report) by 16.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 447,969 shares of the company's stock after selling 88,818 shares during the quarter. Yum China comprises about 0.6% of Barings LLC's investment portfolio, making the stock its 23rd biggest position. Barings LLC owned about 0.12% of Yum China worth $23,321,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of YUMC. Mirae Asset Global Investments Co. Ltd. raised its holdings in Yum China by 6,304.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,526,026 shares of the company's stock worth $600,045,000 after acquiring an additional 11,346,069 shares during the period. FMR LLC increased its holdings in shares of Yum China by 138.5% during the 4th quarter. FMR LLC now owns 8,558,050 shares of the company's stock worth $412,241,000 after purchasing an additional 4,969,073 shares during the period. Principal Financial Group Inc. increased its holdings 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 purchasing an additional 3,704,756 shares during the period. Driehaus Capital Management LLC bought a new position in shares of Yum China during the 4th quarter worth about $66,524,000. Finally, Northern Trust Corp increased its holdings in shares of Yum China by 198.3% during the 4th quarter. Northern Trust Corp now owns 1,905,179 shares of the company's stock worth $91,772,000 after purchasing an additional 1,266,530 shares during the period. Institutional investors own 85.58% of the company's stock.

Yum China Stock Up 0.1%

Shares of NYSE:YUMC opened at $46.73 on Friday. Yum China has a 52 week low of $28.50 and a 52 week high of $53.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.26. The company has a market capitalization of $17.35 billion, a PE ratio of 19.55, a PEG ratio of 1.76 and a beta of 0.27. The company has a 50 day moving average price of $45.41 and a two-hundred day moving average price of $46.48.

Yum China (NYSE:YUMC - Get Free Report) last issued 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 firm had revenue of $2.98 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same period in the previous year, the company posted $0.71 EPS. The firm's revenue for the quarter was up .8% on a year-over-year basis. Analysts forecast that Yum China will post 2.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.

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