Robeco Institutional Asset Management B.V. Sells 234,025 Shares of Yum China $YUMC

Key Points

• Robeco Institutional Asset Management B.V. has reduced its stake in Yum China by 44.0%, selling 234,025 shares and leaving it with 298,021 shares valued at approximately $13.3 million.
• Yum China reported earnings of $0.58 per share, slightly beating expectations, alongside a revenue of $2.79 billion, which showed a 4.0% year-over-year increase.
• The company has declared a quarterly dividend of $0.24 per share, representing a 2.3% dividend yield with a payout ratio of 39.67%.

Robeco Institutional Asset Management B.V. lowered its stake in shares of Yum China (NYSE:YUMC - Free Report) by 44.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 298,021 shares of the company's stock after selling 234,025 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.08% of Yum China worth $13,325,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of YUMC. Wealth Enhancement Advisory Services LLC increased its position in Yum China by 33.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 28,649 shares of the company's stock valued at $1,380,000 after acquiring an additional 7,258 shares during the last quarter. GAMMA Investing LLC grew its holdings in Yum China by 4,967.3% during the 1st quarter. GAMMA Investing LLC now owns 98,914 shares of the company's stock valued at $5,149,000 after purchasing an additional 96,962 shares during the last quarter. Merit Financial Group LLC raised its position in Yum China by 4.9% in the 1st quarter. Merit Financial Group LLC now owns 7,006 shares of the company's stock worth $365,000 after purchasing an additional 330 shares during the period. Procyon Advisors LLC lifted its stake in Yum China by 7.0% in the first quarter. Procyon Advisors LLC now owns 15,558 shares of the company's stock worth $810,000 after purchasing an additional 1,014 shares during the last quarter. Finally, Gateway Investment Advisers LLC purchased a new position in shares of Yum China during the first quarter valued at approximately $902,000. 85.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Yum China in a report on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $60.00.

Yum China Price Performance

Shares of YUMC stock opened at $42.32 on Friday. The company has a market capitalization of $15.60 billion, a P/E ratio of 17.49, a P/E/G ratio of 1.58 and a beta of 0.18. The company's 50-day simple moving average is $44.59 and its two-hundred day simple moving average is $45.37. Yum China has a one year low of $41.00 and a one 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.

Yum China (NYSE:YUMC - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share 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 firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the firm posted $0.55 earnings per share. The company's revenue was up 4.0% on a year-over-year basis. As a group, equities analysts anticipate that Yum China will post 2.54 EPS for the current year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.24 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $0.96 annualized dividend and a dividend yield of 2.3%. 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.

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