Philadelphia Trust Co. Takes $350,000 Position in Yum China $YUMC

Key Points

• Philadelphia Trust Co. acquired a new stake in Yum China, purchasing 6,730 shares valued at approximately $350,000.
• The company announced a quarterly dividend of $0.24 per share, with a yield of 2.1%, to be paid on September 23rd.
• Yum China's recent earnings report showed a net margin of 8.04% and a 4% increase in revenue compared to the same quarter last year.

Philadelphia Trust Co. acquired a new position in Yum China (NYSE:YUMC - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 6,730 shares of the company's stock, valued at approximately $350,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. GeoWealth Management LLC raised its position in Yum China by 689.6% during the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after purchasing an additional 462 shares in the last quarter. Hughes Financial Services LLC purchased a new stake in Yum China during the first quarter valued at about $29,000. SouthState Corp raised its position in Yum China by 4,915.4% during the first quarter. SouthState Corp now owns 652 shares of the company's stock valued at $34,000 after purchasing an additional 639 shares in the last quarter. CX Institutional purchased a new stake in Yum China during the first quarter valued at about $37,000. Finally, Goodman Advisory Group LLC purchased a new stake in Yum China during the first quarter valued at about $41,000. Hedge funds and other institutional investors own 85.58% of the company's stock.

Yum China Price Performance

NYSE YUMC traded down $0.20 during trading hours on Monday, reaching $44.55. 1,825,143 shares of the stock traded hands, compared to its average volume of 1,875,911. The stock has a 50 day simple moving average of $45.72 and a two-hundred day simple moving average of $46.48. Yum China has a 1 year low of $32.85 and a 1 year high of $53.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.39 and a quick ratio of 1.22. The company has a market cap of $16.43 billion, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 1.69 and a beta of 0.27.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results 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 quarter last year, the business posted $0.55 earnings per share. The company's revenue for the quarter was up 4.0% on a year-over-year basis. On average, analysts predict that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

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

Yum China Company 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.