IFM Investors Pty Ltd boosted its stake in Yum China (NYSE:YUMC - Free Report) by 37.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,898 shares of the company's stock after buying an additional 6,565 shares during the period. IFM Investors Pty Ltd's holdings in Yum China were worth $1,244,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its position in shares of Yum China by 4,967.3% in the first quarter. GAMMA Investing LLC now owns 98,914 shares of the company's stock valued at $5,149,000 after buying an additional 96,962 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Yum China by 35.6% in the 1st quarter. Principal Financial Group Inc. now owns 14,102,077 shares of the company's stock worth $734,150,000 after buying an additional 3,704,756 shares during the last quarter. AXA S.A. lifted its stake in shares of Yum China by 34.4% in the 4th quarter. AXA S.A. now owns 31,286 shares of the company's stock valued at $1,507,000 after purchasing an additional 8,016 shares in the last quarter. Sarasin & Partners LLP acquired a new position in shares of Yum China in the 1st quarter valued at about $2,863,000. Finally, Jupiter Asset Management Ltd. acquired a new position in shares of Yum China in the 4th quarter valued at about $31,836,000. 85.58% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Separately, Daiwa America raised Yum China to a "strong-buy" rating in a research report on Wednesday, April 9th. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $48.70.
Get Our Latest Stock Report on Yum China
Yum China Stock Performance
YUMC stock traded down $0.29 during trading on Wednesday, reaching $47.18. 1,532,227 shares of the company's stock were exchanged, compared to its average volume of 2,889,675. The company has a quick ratio of 1.11, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. Yum China has a 1-year low of $28.50 and a 1-year high of $53.99. The company's fifty day moving average price is $44.20 and its 200-day moving average price is $46.35. The firm has a market cap of $17.52 billion, a PE ratio of 19.74, a P/E/G ratio of 1.80 and a beta of 0.28.
Yum China (NYSE:YUMC - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). The company had revenue of $2.98 billion for 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 firm's revenue for the quarter was up .8% on a year-over-year basis. During the same period last year, the firm earned $0.71 earnings per share. On average, research analysts expect that Yum China will post 2.54 EPS for the current fiscal year.
Yum China Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend was Wednesday, May 28th. Yum China's payout ratio is currently 40.17%.
Yum China Company Profile
(
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.
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