Ellsworth Advisors LLC Invests $5.19 Million in Yum China $YUMC

Key Points

• Ellsworth Advisors LLC has acquired nearly 100,000 shares of Yum China, making it 1.4% of their portfolio, valued at approximately $5.2 million.
• Yum China reported a quarterly earnings per share of $0.58, slightly exceeding analysts' estimates, with a year-over-year revenue increase of 4.0%.
• The company recently announced a quarterly dividend of $0.24 per share, with a yield of 2.2% and a payout ratio of 39.67%.

Ellsworth Advisors LLC purchased a new stake in Yum China (NYSE:YUMC - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 99,599 shares of the company's stock, valued at approximately $5,185,000. Yum China makes up approximately 1.4% of Ellsworth Advisors LLC's holdings, making the stock its 26th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. lifted its position in shares of Yum China by 74.3% in the fourth quarter. Ameriprise Financial Inc. now owns 461,597 shares of the company's stock valued at $22,235,000 after acquiring an additional 196,815 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in Yum China by 6.2% in the 4th quarter. Baird Financial Group Inc. now owns 15,732 shares of the company's stock valued at $758,000 after purchasing an additional 924 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Yum China by 23.6% in the 4th quarter. Cetera Investment Advisers now owns 23,316 shares of the company's stock valued at $1,123,000 after purchasing an additional 4,445 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in Yum China in the 4th quarter valued at $213,000. Finally, Ethic Inc. lifted its holdings in Yum China by 25.4% in the 4th quarter. Ethic Inc. now owns 20,854 shares of the company's stock valued at $1,005,000 after purchasing an additional 4,225 shares in the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Price Performance

Shares of NYSE:YUMC traded up $1.23 during midday trading on Tuesday, hitting $44.79. The company's stock had a trading volume of 966,551 shares, compared to its average volume of 2,522,793. The business's 50 day simple moving average is $45.82 and its 200 day simple moving average is $46.04. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.22 and a current ratio of 1.39. The company has a market cap of $16.51 billion, a P/E ratio of 18.50, a price-to-earnings-growth ratio of 1.66 and a beta of 0.22. Yum China has a 12-month low of $34.45 and a 12-month high of $53.99.

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

Yum China Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 2nd will be given a dividend of $0.24 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $0.96 dividend on an annualized basis and a yield of 2.1%. Yum China's dividend payout ratio (DPR) is presently 39.67%.

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.