Mondrian Investment Partners LTD Sells 349,044 Shares of Yum China (NYSE:YUMC)

Key Points

• Mondrian Investment Partners LTD has reduced its holdings in Yum China by 12.9%, selling 349,044 shares and now owning a total of 2,351,202 shares, which account for 2.1% of their portfolio.
• Yum China reported quarterly earnings of $0.58 per share, slightly exceeding analyst estimates, alongside a revenue of $2.79 billion, indicating a 4.0% year-over-year revenue increase.
• The company declared a quarterly dividend of $0.24 per share, representing an annualized dividend yield of 2.1%, with a dividend payout ratio of 39.67%.

Mondrian Investment Partners LTD trimmed its holdings in Yum China (NYSE:YUMC - Free Report) by 12.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,351,202 shares of the company's stock after selling 349,044 shares during the quarter. Yum China comprises about 2.1% of Mondrian Investment Partners LTD's investment portfolio, making the stock its 19th biggest holding. Mondrian Investment Partners LTD owned about 0.63% of Yum China worth $122,404,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of YUMC. Envestnet Asset Management Inc. increased its stake in shares of Yum China by 2.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 324,977 shares of the company's stock worth $15,654,000 after acquiring an additional 8,542 shares in the last quarter. Scotia Capital Inc. bought a new position in shares of Yum China in the 4th quarter worth about $317,000. Townsquare Capital LLC increased its stake in shares of Yum China by 28.5% in the 4th quarter. Townsquare Capital LLC now owns 23,176 shares of the company's stock worth $1,116,000 after acquiring an additional 5,136 shares in the last quarter. Sagespring Wealth Partners LLC bought a new position in shares of Yum China in the 4th quarter worth about $329,000. Finally, Mariner LLC increased its stake in shares of Yum China by 3.6% in the 4th quarter. Mariner LLC now owns 24,859 shares of the company's stock worth $1,197,000 after acquiring an additional 874 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors.

Yum China Stock Down 1.8%

Shares of Yum China stock traded down $0.81 during trading on Thursday, hitting $44.80. The company's stock had a trading volume of 1,611,791 shares, compared to its average volume of 1,859,803. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.39. The company has a fifty day simple moving average of $45.68 and a two-hundred day simple moving average of $46.50. The company has a market capitalization of $16.52 billion, a PE ratio of 18.51, a P/E/G ratio of 1.72 and a beta of 0.27. Yum China has a 52 week low of $32.85 and a 52 week high of $53.99.

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

Yum China Announces Dividend

The company also recently disclosed 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. This represents a $0.96 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 2nd. Yum China's dividend payout ratio is 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.