Invesco Ltd. Acquires 108,659 Shares of Yum China $YUMC

Key Points

• Invesco Ltd. increased its stake in Yum China by 3.3%, holding approximately 3.4 million shares valued at $178.85 million as of the latest SEC filing.
• The company has announced a quarterly dividend of $0.24 per share, with an annualized yield of 2.1%, set to be paid on September 23rd.
• Yum China's recent earnings report showed a net profit of $0.58 per share, surpassing analysts' expectations, with quarterly revenue of $2.79 billion.

Invesco Ltd. grew its position in Yum China (NYSE:YUMC - Free Report) by 3.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,435,533 shares of the company's stock after purchasing an additional 108,659 shares during the period. Invesco Ltd. owned about 0.92% of Yum China worth $178,854,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in Yum China by 29.7% in the 1st quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company's stock worth $1,248,709,000 after purchasing an additional 5,485,735 shares during the last quarter. Townsquare Capital LLC raised its stake in shares of Yum China by 13.9% in the 1st quarter. Townsquare Capital LLC now owns 26,390 shares of the company's stock valued at $1,374,000 after acquiring an additional 3,214 shares in the last quarter. Citigroup Inc. raised its stake in shares of Yum China by 143.2% in the 1st quarter. Citigroup Inc. now owns 955,259 shares of the company's stock valued at $49,731,000 after acquiring an additional 562,420 shares in the last quarter. Fayez Sarofim & Co raised its stake in shares of Yum China by 5.6% in the 1st quarter. Fayez Sarofim & Co now owns 63,876 shares of the company's stock valued at $3,325,000 after acquiring an additional 3,366 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Yum China by 7.4% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 363,704 shares of the company's stock valued at $18,934,000 after acquiring an additional 24,926 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Yum China Stock Performance

Shares of YUMC stock traded down $0.03 during trading on Monday, reaching $44.72. The company had a trading volume of 584,269 shares, compared to its average volume of 2,572,685. The firm's 50 day simple moving average is $45.72 and its two-hundred day simple moving average is $46.49. 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 one year low of $32.85 and a one year high of $53.99. The company has a market capitalization of $16.49 billion, a PE ratio of 18.48, a PEG ratio of 1.69 and a beta of 0.27.

Yum China (NYSE:YUMC - Get Free Report) last issued 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. Yum China had a return on equity of 14.13% and a net margin of 8.04%. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same period last year, the business earned $0.55 EPS. The firm's revenue was up 4.0% compared to the same quarter last year. Sell-side analysts forecast that Yum China will post 2.54 earnings per share for the current year.

Yum China Announces Dividend

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