CW Advisors LLC Takes $1.33 Million Position in Yum China $YUMC

Key Points

• CW Advisors LLC acquired a new stake in Yum China, purchasing 25,516 shares valued at approximately $1.33 million during the first quarter.
• Yum China's stock opened at $47.04, with a market capitalization of $17.34 billion, and has a PE ratio of 19.44.
• The company recently declared a $0.24 quarterly dividend, representing an annual yield of 2.0% and a payout ratio of 39.67%.

CW Advisors LLC bought a new stake in shares of Yum China (NYSE:YUMC - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 25,516 shares of the company's stock, valued at approximately $1,328,000.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of Yum China by 29.7% during the 1st quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company's stock valued at $1,248,709,000 after acquiring an additional 5,485,735 shares during the period. GAMMA Investing LLC grew its position in shares of Yum China by 4,967.3% during the 1st quarter. GAMMA Investing LLC now owns 98,914 shares of the company's stock valued at $5,149,000 after acquiring an additional 96,962 shares during the period. Principal Financial Group Inc. grew 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 valued at $734,150,000 after acquiring an additional 3,704,756 shares during the period. AXA S.A. grew 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 valued at $1,507,000 after acquiring an additional 8,016 shares during the period. Finally, Sarasin & Partners LLP acquired a new stake in shares of Yum China during the 1st quarter valued at about $2,863,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Price Performance

NYSE:YUMC opened at $47.04 on Tuesday. The stock has a market capitalization of $17.34 billion, a PE ratio of 19.44, a price-to-earnings-growth ratio of 1.73 and a beta of 0.27. Yum China has a 52 week low of $32.85 and a 52 week high of $53.99. The stock's 50-day moving average price is $45.83 and its 200-day moving average price is $46.43. The company has a quick ratio of 1.22, a current ratio of 1.39 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.01. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. Yum China's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period last year, the company posted $0.55 EPS. As a group, equities analysts expect that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 2nd will be paid a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.96 dividend on an annualized basis and a yield of 2.0%. Yum China's dividend payout ratio (DPR) is currently 39.67%.

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.

Want to see what other hedge funds are holding YUMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yum China (NYSE:YUMC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.