Yum China $YUMC Shares Acquired by Groupe la Francaise

Key Points

• Groupe la Francaise increased its holdings in Yum China by 215.1% in the first quarter, acquiring an additional 140,713 shares to reach a total of 206,117 shares worth approximately $10.96 million.
• Other institutional investors such as Mirae Asset Global Investments and JPMorgan Chase also significantly increased their positions in Yum China during the first quarter, with Mirae Asset's stake rising by 6,304.9%.
• Yum China announced a quarterly dividend of $0.24 per share to be paid on September 23rd, representing an annualized yield of 2.1%.

Groupe la Francaise raised its holdings in Yum China (NYSE:YUMC - Free Report) by 215.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,117 shares of the company's stock after buying an additional 140,713 shares during the period. Groupe la Francaise owned about 0.05% of Yum China worth $10,959,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of YUMC. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Yum China by 6,304.9% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,526,026 shares of the company's stock worth $600,045,000 after acquiring an additional 11,346,069 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Yum China by 29.7% in the first quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company's stock valued at $1,248,709,000 after purchasing an additional 5,485,735 shares in the last quarter. Principal Financial Group Inc. increased its stake in Yum China by 35.6% in 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. Driehaus Capital Management LLC acquired a new stake in shares of Yum China during the fourth quarter worth about $66,524,000. Finally, Northern Trust Corp boosted its stake in Yum China by 198.3% during the 4th quarter. Northern Trust Corp now owns 1,905,179 shares of the company's stock worth $91,772,000 after purchasing an additional 1,266,530 shares during the period. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Stock Performance

Shares of Yum China stock traded down $1.92 during trading hours on Wednesday, hitting $44.56. 1,546,323 shares of the company were exchanged, compared to its average volume of 2,572,417. The stock has a market capitalization of $16.43 billion, a price-to-earnings ratio of 18.41, a P/E/G ratio of 1.77 and a beta of 0.27. Yum China has a 1 year low of $32.85 and a 1 year high of $53.99. The business has a 50-day moving average of $45.90 and a 200-day moving average of $46.43. The company has a current ratio of 1.39, a quick ratio of 1.22 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last announced 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. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.80 billion. Yum China had a return on equity of 14.13% and a net margin of 8.04%.The firm's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.55 EPS. As a group, analysts expect that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd will be issued a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.96 dividend on an annualized basis and a yield of 2.2%. Yum China's dividend payout ratio (DPR) is 39.67%.

About Yum China

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.