Davis R M Inc. Buys Shares of 5,936 Yum China (NYSE:YUMC)

Key Points

• Davis R M Inc. acquired 5,936 shares of Yum China, valued at approximately $309,000, indicating growing interest from institutional investors.
• Yum China reported earnings per share of $0.77, falling short of estimates, with revenue for the quarter at $2.98 billion, below the projected $3.13 billion.
• Wall Street analysts maintain an average rating of "Buy" for Yum China, with a consensus price target of $48.70 and some analysts issuing a "strong-buy" rating.

Davis R M Inc. purchased a new position in shares of Yum China (NYSE:YUMC - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,936 shares of the company's stock, valued at approximately $309,000.

Other hedge funds also recently modified their holdings of the company. GeoWealth Management LLC raised its position in shares of Yum China by 689.6% during the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company's stock worth $25,000 after purchasing an additional 462 shares during the period. Hughes Financial Services LLC acquired a new stake in Yum China in the 1st quarter valued at approximately $29,000. CX Institutional acquired a new stake in Yum China in the 1st quarter valued at approximately $37,000. Goodman Advisory Group LLC acquired a new stake in Yum China in the 1st quarter valued at approximately $41,000. Finally, Hollencrest Capital Management raised its position in Yum China by 121.4% in the 1st quarter. Hollencrest Capital Management now owns 912 shares of the company's stock valued at $47,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company's stock.

Yum China Stock Down 0.0%

Shares of Yum China stock opened at $46.66 on Friday. The business's 50 day simple moving average is $45.24 and its 200 day simple moving average is $46.43. Yum China has a 52-week low of $28.50 and a 52-week high of $53.99. The firm has a market cap of $17.32 billion, a PE ratio of 19.52, a P/E/G ratio of 1.76 and a beta of 0.28. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.26.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates 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 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 quarter in the prior year, the business earned $0.71 earnings per share. On average, analysts predict that Yum China will post 2.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Daiwa America raised Yum China to a "strong-buy" rating in a research report on Wednesday, April 9th. One research 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's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus 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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