Ninety One UK Ltd Makes New $20.19 Million Investment in Yum China $YUMC

Key Points

• Ninety One UK Ltd has made a new investment of approximately $20.19 million in Yum China, acquiring 451,533 shares during the second quarter.
• Yum China recently announced a quarterly dividend of $0.24 per share, with a 2.2% annualized yield and a payout ratio of 39.67%.
• Despite revenue slightly missing analyst expectations at $2.79 billion, Yum China reported an earnings per share of $0.58, exceeding projections.

Ninety One UK Ltd purchased a new stake in Yum China (NYSE:YUMC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 451,533 shares of the company's stock, valued at approximately $20,188,000. Ninety One UK Ltd owned 0.12% of Yum China as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hughes Financial Services LLC bought a new stake in Yum China in the first quarter valued at about $29,000. SouthState Corp grew its position in shares of Yum China by 4,915.4% during the 1st quarter. SouthState Corp now owns 652 shares of the company's stock worth $34,000 after buying an additional 639 shares during the period. Marshall & Sullivan Inc. WA bought a new stake in shares of Yum China in the 2nd quarter valued at about $36,000. CX Institutional acquired a new stake in shares of Yum China in the 1st quarter valued at approximately $37,000. Finally, Goodman Advisory Group LLC bought a new position in Yum China during the 1st quarter worth approximately $41,000. 85.58% of the stock is currently owned by institutional investors.

Yum China Stock Up 0.5%

Shares of NYSE YUMC opened at $43.14 on Thursday. Yum China has a 52-week low of $41.00 and a 52-week high of $53.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.22 and a current ratio of 1.39. The stock has a market cap of $15.91 billion, a P/E ratio of 17.83, a P/E/G ratio of 1.61 and a beta of 0.18. The firm has a 50 day moving average price of $44.82 and a 200 day moving average price of $45.58.

Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $2.80 billion. During the same period last year, the firm posted $0.55 earnings per share. The business's quarterly revenue was up 4.0% compared to the same quarter last year. Analysts expect that Yum China will post 2.54 EPS for the current year.

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was 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.

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