Massachusetts Financial Services Co. MA Has $217.89 Million Stock Position in Yum China (NYSE:YUMC)

Massachusetts Financial Services Co. MA grew its stake in Yum China (NYSE:YUMC - Free Report) by 1.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,185,305 shares of the company's stock after buying an additional 56,288 shares during the quarter. Massachusetts Financial Services Co. MA owned 1.12% of Yum China worth $217,887,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in YUMC. EverSource Wealth Advisors LLC raised its holdings in shares of Yum China by 58.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after purchasing an additional 324 shares during the last quarter. Avantax Advisory Services Inc. acquired a new stake in shares of Yum China in the fourth quarter valued at approximately $231,000. Commonwealth Equity Services LLC boosted its holdings in shares of Yum China by 0.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 74,363 shares of the company's stock valued at $3,582,000 after buying an additional 404 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Yum China by 6.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 19,404 shares of the company's stock valued at $935,000 after buying an additional 1,148 shares during the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Yum China by 32.7% in the 4th quarter. Signaturefd LLC now owns 1,825 shares of the company's stock valued at $88,000 after buying an additional 450 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Daiwa America raised Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Yum China presently has an average rating of "Buy" and an average target price of $48.70.

Yum China Stock Performance

Shares of YUMC stock traded down $0.69 during trading on Friday, reaching $46.87. 1,958,533 shares of the company's stock were exchanged, compared to its average volume of 2,861,470. The company has a quick ratio of 1.11, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $17.40 billion, a PE ratio of 19.61, a PEG ratio of 1.80 and a beta of 0.28. Yum China has a twelve month low of $28.50 and a twelve month high of $53.99. The firm's fifty day moving average price is $44.78 and its 200-day moving average price is $46.27.

Yum China (NYSE:YUMC - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). The business 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 was up .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.71 earnings per share. As a group, sell-side analysts anticipate that Yum China will post 2.54 EPS for the current year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend was Wednesday, May 28th. Yum China's dividend payout ratio is currently 40.17%.

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.