Deutsche Bank AG Purchases 227,439 Shares of Yum China (NYSE:YUMC)

Key Points

• Deutsche Bank AG increased its stake in Yum China by 17.1%, acquiring an additional 227,439 shares during the first quarter, bringing its total holdings to approximately 1.56 million shares valued at $81.04 million.
• Yum China reported a quarterly earnings per share of $0.58, surpassing analysts' expectations by $0.01, with revenue reaching $2.79 billion but slightly falling short of estimates.
• The company announced a quarterly dividend of $0.24 per share, resulting in an annualized dividend of $0.96 and a yield of 2.2%, with a dividend payout ratio of 39.67%.

Deutsche Bank AG grew its holdings in Yum China (NYSE:YUMC - Free Report) by 17.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,556,745 shares of the company's stock after buying an additional 227,439 shares during the quarter. Deutsche Bank AG owned approximately 0.42% of Yum China worth $81,044,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its position in shares of Yum China by 0.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 980,552 shares of the company's stock worth $51,045,000 after buying an additional 9,204 shares during the period. Vanguard Group Inc. grew its position in shares of Yum China by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 15,244,094 shares of the company's stock worth $796,723,000 after buying an additional 200,938 shares during the period. Atria Wealth Solutions Inc. acquired a new position in shares of Yum China during the 1st quarter worth about $204,000. Costello Asset Management INC acquired a new position in shares of Yum China during the 1st quarter worth about $59,000. Finally, Cheviot Value Management LLC acquired a new position in shares of Yum China during the 1st quarter worth about $42,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Trading Up 0.8%

Shares of Yum China stock traded up $0.34 during trading on Tuesday, hitting $44.74. 1,235,395 shares of the company were exchanged, compared to its average volume of 1,815,359. The firm has a market capitalization of $16.61 billion, a P/E ratio of 18.49, a price-to-earnings-growth ratio of 1.68 and a beta of 0.27. Yum China has a 1-year low of $32.67 and a 1-year high of $53.99. The firm's fifty day moving average price is $45.59 and its 200 day moving average price is $46.51. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 1.11.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.01. Yum China had a return on equity of 14.10% and a net margin of 8.04%. The business had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.80 billion. During the same quarter in the previous year, the business posted $0.55 EPS. Yum China's revenue for the quarter was up 4.0% on a year-over-year basis. As a group, sell-side analysts expect that Yum China will post 2.54 earnings per share for the current fiscal year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd will be paid a $0.24 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $0.96 annualized dividend and a yield of 2.1%. Yum China's payout ratio is presently 39.67%.

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.