Hsbc Holdings PLC Has $109.70 Million Holdings in Yum China $YUMC

Key Points

• Hsbc Holdings PLC increased its stake in Yum China by 3.5%, owning approximately 2.1 million shares worth about $109.7 million.
• Yum China reported quarterly earnings of $0.58 per share, exceeding analyst expectations, with a revenue of $2.79 billion for the period.
• The company declared a quarterly dividend of $0.24 per share, with a dividend yield of 2.2%, and has a current dividend payout ratio of 39.67%.

Hsbc Holdings PLC boosted its position in shares of Yum China (NYSE:YUMC - Free Report) by 3.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,107,318 shares of the company's stock after acquiring an additional 71,024 shares during the period. Hsbc Holdings PLC owned approximately 0.56% of Yum China worth $109,702,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Snowden Capital Advisors LLC boosted its stake in shares of Yum China by 5.8% in the 4th quarter. Snowden Capital Advisors LLC now owns 4,726 shares of the company's stock valued at $228,000 after purchasing an additional 261 shares in the last quarter. Merit Financial Group LLC boosted its stake in shares of Yum China by 4.9% in the 1st quarter. Merit Financial Group LLC now owns 7,006 shares of the company's stock valued at $365,000 after purchasing an additional 330 shares in the last quarter. Applied Capital LLC FL boosted its stake in shares of Yum China by 1.9% in the 1st quarter. Applied Capital LLC FL now owns 18,483 shares of the company's stock valued at $962,000 after purchasing an additional 353 shares in the last quarter. Spire Wealth Management boosted its stake in shares of Yum China by 30.5% in the 1st quarter. Spire Wealth Management now owns 1,744 shares of the company's stock valued at $91,000 after purchasing an additional 408 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Yum China by 1.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 34,115 shares of the company's stock worth $1,776,000 after acquiring an additional 426 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors.

Yum China Price Performance

Shares of YUMC traded down $0.63 on Tuesday, hitting $46.40. The company's stock had a trading volume of 967,222 shares, compared to its average volume of 2,546,545. The company has a market capitalization of $17.11 billion, a PE ratio of 19.17, a PEG ratio of 1.73 and a beta of 0.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.39 and a quick ratio of 1.22. Yum China has a fifty-two week low of $32.85 and a fifty-two week high of $53.99. The company has a 50 day moving average price of $45.83 and a 200 day moving average price of $46.43.

Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.80 billion. Yum China had a return on equity of 14.13% and a net margin of 8.04%.Yum China's revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.55 EPS. On average, research analysts anticipate that Yum China will post 2.54 earnings per share 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. Stockholders of record on Tuesday, September 2nd will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 2nd. Yum China's payout ratio is presently 39.67%.

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.