GAMMA Investing LLC grew its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 4,967.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 98,914 shares of the company's stock after purchasing an additional 96,962 shares during the quarter. GAMMA Investing LLC's holdings in Yum China were worth $5,149,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Snowden Capital Advisors LLC increased its stake in shares of Yum China by 5.8% during the 4th quarter. Snowden Capital Advisors LLC now owns 4,726 shares of the company's stock worth $228,000 after purchasing an additional 261 shares during the last quarter. Atria Investments Inc grew its stake in Yum China by 1.2% in the 4th quarter. Atria Investments Inc now owns 23,074 shares of the company's stock valued at $1,111,000 after buying an additional 273 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in Yum China by 4.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company's stock valued at $298,000 after buying an additional 276 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Yum China by 58.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after buying an additional 324 shares during the last quarter. Finally, Callan Capital LLC grew its stake in Yum China by 4.0% in the 4th quarter. Callan Capital LLC now owns 8,535 shares of the company's stock valued at $411,000 after buying an additional 331 shares during the last quarter. Institutional investors own 85.58% of the company's stock.
Yum China Price Performance
Shares of NYSE YUMC traded down $1.10 during trading hours on Friday, hitting $43.55. 1,582,120 shares of the stock were exchanged, compared to its average volume of 2,924,982. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.15 and a current ratio of 1.29. The company has a market cap of $16.26 billion, a PE ratio of 18.69, a price-to-earnings-growth ratio of 1.72 and a beta of 0.28. The company's fifty day simple moving average is $44.20 and its two-hundred day simple moving average is $46.80. Yum China Holdings, Inc. has a 1-year low of $28.50 and a 1-year high of $53.99.
Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.77 EPS for the quarter, missing the consensus estimate 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 8.06% and a return on equity of 13.83%. Yum China's revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 EPS. On average, sell-side analysts predict that Yum China Holdings, Inc. will post 2.54 EPS for the current year.
Yum China Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Wednesday, May 28th. Yum China's dividend payout ratio (DPR) is presently 40.17%.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on YUMC shares. Wall Street Zen downgraded shares of Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Daiwa America raised shares of Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. One research 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $48.70.
Read Our Latest Analysis on YUMC
About Yum China
(
Free Report)
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.
Featured Articles
Before you consider Yum China, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yum China wasn't on the list.
While Yum China currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
