120,079 Shares in Yum China $YUMC Purchased by Kodai Capital Management LP

Key Points

• Kodai Capital Management LP acquired 120,079 shares of Yum China valued at approximately $6.25 million during the first quarter, according to their recent SEC filing.
• Several institutional investors have increased their holdings in Yum China, with JPMorgan Chase & Co. leading with a 29.7% increase to own nearly 24 million shares worth over $1.24 billion.
• Yum China announced a quarterly dividend of $0.24 per share, resulting in an annualized dividend of $0.96 and a yield of 2.2%, with a payout ratio of 39.67%.

Kodai Capital Management LP acquired a new position in Yum China (NYSE:YUMC - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 120,079 shares of the company's stock, valued at approximately $6,251,000.

Several other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in shares of Yum China by 29.7% in the first quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company's stock worth $1,248,709,000 after buying an additional 5,485,735 shares during the period. Vanguard Group Inc. raised its stake in shares of Yum China by 1.3% in the first quarter. Vanguard Group Inc. now owns 15,244,094 shares of the company's stock worth $796,723,000 after buying an additional 200,938 shares during the period. Principal Financial Group Inc. raised its stake in shares of Yum China by 35.6% in the first 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 period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Yum China by 6,304.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,526,026 shares of the company's stock worth $600,045,000 after purchasing an additional 11,346,069 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of Yum China by 4.5% during the fourth quarter. Royal Bank of Canada now owns 10,361,804 shares of the company's stock worth $499,127,000 after purchasing an additional 448,188 shares in the last quarter. Institutional investors own 85.58% of the company's stock.

Yum China Price Performance

Shares of NYSE:YUMC traded up $1.00 during trading on Wednesday, hitting $44.65. 2,158,245 shares of the company's stock were exchanged, compared to its average volume of 2,555,232. 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 52-week low of $33.33 and a 52-week high of $53.99. The business's 50-day simple moving average is $46.01 and its 200 day simple moving average is $46.30. The company has a market cap of $16.46 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 1.69 and a beta of 0.22.

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

Yum China Dividend Announcement

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

Yum China 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.