Financial Counselors Inc. Takes $276,000 Position in Yum China (NYSE:YUMC)

Financial Counselors Inc. bought a new stake in shares of Yum China (NYSE:YUMC - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,304 shares of the company's stock, valued at approximately $276,000.

A number of other large investors have also recently made changes to their positions in the stock. Callan Capital LLC lifted its stake in shares of Yum China by 23.1% during the 1st quarter. Callan Capital LLC now owns 10,507 shares of the company's stock valued at $547,000 after buying an additional 1,972 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Yum China by 1.3% during the first quarter. Envestnet Asset Management Inc. now owns 329,198 shares of the company's stock worth $17,138,000 after purchasing an additional 4,221 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Yum China by 2.9% during the 1st quarter. Bank of New York Mellon Corp now owns 3,836,703 shares of the company's stock valued at $199,739,000 after purchasing an additional 109,154 shares during the period. World Investment Advisors purchased a new position in Yum China in the 1st quarter worth approximately $202,000. Finally, IFM Investors Pty Ltd boosted its stake in Yum China by 37.9% in the 1st quarter. IFM Investors Pty Ltd now owns 23,898 shares of the company's stock worth $1,244,000 after purchasing an additional 6,565 shares during the period. 85.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Daiwa America raised shares of Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $48.70.

Yum China Stock Down 0.6%

Shares of NYSE:YUMC traded down $0.28 during trading hours on Friday, hitting $47.60. The company's stock had a trading volume of 1,387,652 shares, compared to its average volume of 1,710,406. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 1.11. The firm's fifty day moving average price is $44.44 and its 200 day moving average price is $46.33. Yum China has a 52 week low of $28.50 and a 52 week high of $53.99. The company has a market capitalization of $17.67 billion, a price-to-earnings ratio of 20.03, a P/E/G ratio of 1.82 and a beta of 0.28.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.01). The firm had revenue of $2.98 billion during the quarter, compared to analyst estimates of $3.13 billion. Yum China had a net margin of 8.09% and a return on equity of 14.08%. Yum China's revenue was up .8% on a year-over-year basis. During the same quarter last year, the business earned $0.71 earnings per share. As a group, research analysts expect that Yum China will post 2.54 EPS for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th were given a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.02%. Yum China's dividend payout ratio is currently 40.17%.

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.