GF Fund Management CO. LTD. Has $21.39 Million Position in Yum China (NYSE:YUMC)

GF Fund Management CO. LTD. boosted its holdings in shares of Yum China (NYSE:YUMC - Free Report) by 205.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 410,800 shares of the company's stock after acquiring an additional 276,150 shares during the quarter. GF Fund Management CO. LTD. owned approximately 0.11% of Yum China worth $21,386,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in YUMC. Principal Financial Group Inc. grew its holdings in Yum China by 35.6% during the first quarter. Principal Financial Group Inc. now owns 14,102,077 shares of the company's stock valued at $734,150,000 after purchasing an additional 3,704,756 shares during the last quarter. Ativo Capital Management LLC acquired a new position in Yum China during the first quarter valued at approximately $6,496,000. American Capital Advisory LLC grew its holdings in Yum China by 9.5% during the first quarter. American Capital Advisory LLC now owns 21,621 shares of the company's stock valued at $1,126,000 after purchasing an additional 1,869 shares during the last quarter. Rossby Financial LCC acquired a new position in Yum China during the first quarter valued at approximately $83,000. Finally, Summit Trail Advisors LLC grew its holdings in Yum China by 255.9% during the first quarter. Summit Trail Advisors LLC now owns 45,540 shares of the company's stock valued at $2,371,000 after purchasing an additional 32,745 shares during the last quarter. Institutional investors own 85.58% of the company's stock.

Yum China Stock Performance

Shares of Yum China stock traded up $1.84 during midday trading on Monday, hitting $47.60. The company had a trading volume of 4,405,104 shares, compared to its average volume of 2,894,297. The business's 50 day simple moving average is $44.18 and its two-hundred day simple moving average is $46.34. The stock has a market cap of $17.67 billion, a PE ratio of 19.92, a P/E/G ratio of 1.73 and a beta of 0.28. 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 has a 1-year low of $28.50 and a 1-year high of $53.99.

Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.77 earnings per share (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 analyst estimates of $3.13 billion. Yum China had a return on equity of 14.08% and a net margin of 8.09%. The company's revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.71 EPS. As a group, equities analysts predict that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th were paid a dividend of $0.24 per share. 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%.

Analysts Set New Price Targets

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

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.