Ellsworth Advisors LLC Acquires New Stake 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 acquired a new stake in Yum China (NYSE:YUMC - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 99,599 shares of the company's stock, valued at approximately $5,185,000. Yum China accounts for 1.4% of Ellsworth Advisors LLC's investment portfolio, making the stock its 26th largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of YUMC. Hughes Financial Services LLC acquired a new stake in Yum China in the first quarter valued at $29,000. SouthState Corp increased its holdings in Yum China by 4,915.4% in the first quarter. SouthState Corp now owns 652 shares of the company's stock valued at $34,000 after purchasing an additional 639 shares during the period. CX Institutional acquired a new stake in Yum China in the first quarter valued at $37,000. Goodman Advisory Group LLC acquired a new stake in Yum China in the first quarter valued at $41,000. Finally, Cheviot Value Management LLC acquired a new stake in Yum China in the first quarter valued at $42,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Stock Performance

NYSE YUMC opened at $44.45 on Thursday. The company has a market capitalization of $16.39 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 1.67 and a beta of 0.22. Yum China has a twelve month low of $33.61 and a twelve month high of $53.99. The stock has a fifty day simple moving average of $45.95 and a 200 day simple moving average of $46.17. 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 posted its quarterly earnings data 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. Yum China had a return on equity of 14.13% and a net margin of 8.04%.The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the prior year, the business posted $0.55 earnings per share. Yum China's quarterly revenue was up 4.0% on a year-over-year basis. Sell-side analysts expect that Yum China will post 2.54 EPS for the current year.

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Tuesday, September 2nd. 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.

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