Hhlr Advisors LTD. Buys Shares of 292,122 Yum China $YUMC

Key Points

• Hhlr Advisors LTD. acquired a new position in Yum China, purchasing 292,122 shares valued at approximately $15.2 million, making it 0.4% of their portfolio.
• Yum China reported a Q2 earnings per share (EPS) of $0.58, surpassing analysts' estimates, with a revenue of $2.79 billion for the quarter.
• The company announced a quarterly dividend of $0.24 per share, providing a 2.1% yield for shareholders, with a payout ratio of 39.67%.

Hhlr Advisors LTD. bought a new position in shares of Yum China (NYSE:YUMC - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 292,122 shares of the company's stock, valued at approximately $15,208,000. Yum China makes up approximately 0.4% of Hhlr Advisors LTD.'s portfolio, making the stock its 18th largest position. Hhlr Advisors LTD. owned about 0.08% of Yum China as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of YUMC. Hughes Financial Services LLC bought a new stake in Yum China in the first quarter valued at approximately $29,000. SouthState Corp raised its stake in Yum China by 4,915.4% in the 1st quarter. SouthState Corp now owns 652 shares of the company's stock valued at $34,000 after acquiring an additional 639 shares during the period. CX Institutional acquired a new stake in Yum China during the 1st quarter valued at $37,000. Goodman Advisory Group LLC acquired a new position in shares of Yum China in the first quarter valued at $41,000. Finally, Cheviot Value Management LLC bought a new position in shares of Yum China in the first quarter valued at about $42,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Stock Performance

Shares of NYSE YUMC traded up $0.30 during mid-day trading on Thursday, reaching $44.70. 2,350,298 shares of the company were exchanged, compared to its average volume of 2,563,735. The stock has a market capitalization of $16.48 billion, a P/E ratio of 18.47, a P/E/G ratio of 1.69 and a beta of 0.22. The company has a quick ratio of 1.22, a current ratio of 1.39 and a debt-to-equity ratio of 0.01. The company's 50-day simple moving average is $46.01 and its 200-day simple moving average is $46.25. Yum China has a twelve month low of $33.50 and a twelve month high of $53.99.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.01. The firm had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The business's revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.55 EPS. As a group, research analysts predict that Yum China will post 2.54 earnings per share for the current year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.1%. Yum China's dividend payout ratio (DPR) is currently 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.