Stratos Wealth Advisors LLC Has $2.10 Million Stock Position in Yum China (NYSE:YUMC)

Stratos Wealth Advisors LLC lessened its stake in shares of Yum China (NYSE:YUMC - Free Report) by 14.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,358 shares of the company's stock after selling 6,958 shares during the period. Stratos Wealth Advisors LLC's holdings in Yum China were worth $2,101,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in YUMC. Principal Financial Group Inc. increased its stake in shares of Yum China by 35.6% in the 1st quarter. Principal Financial Group Inc. now owns 14,102,077 shares of the company's stock valued at $734,150,000 after purchasing an additional 3,704,756 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Yum China by 6,304.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,526,026 shares of the company's stock valued at $600,045,000 after purchasing an additional 11,346,069 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Yum China by 4.5% in the 4th quarter. Royal Bank of Canada now owns 10,361,804 shares of the company's stock valued at $499,127,000 after purchasing an additional 448,188 shares during the last quarter. FMR LLC increased its stake in shares of Yum China by 138.5% in the 4th quarter. FMR LLC now owns 8,558,050 shares of the company's stock valued at $412,241,000 after purchasing an additional 4,969,073 shares during the last quarter. Finally, William Blair Investment Management LLC bought a new position in shares of Yum China in the 4th quarter valued at $243,901,000. Institutional investors own 85.58% of the company's stock.

Analyst Ratings Changes

Separately, Daiwa America upgraded Yum China to a "strong-buy" rating in a research note on Wednesday, April 9th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $48.70.

Yum China Price Performance

Shares of NYSE YUMC traded down $0.28 during mid-day trading on Friday, hitting $47.60. 1,387,652 shares of the stock traded hands, compared to its average volume of 2,884,011. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 1.11. Yum China has a twelve month low of $28.50 and a twelve month high of $53.99. The company has a market cap of $17.67 billion, a PE ratio of 19.92, a price-to-earnings-growth ratio of 1.82 and a beta of 0.28. The firm has a 50 day simple moving average of $44.44 and a two-hundred day simple moving average of $46.33.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.01). Yum China had a net margin of 8.09% and a return on equity of 14.08%. The firm had revenue of $2.98 billion for the quarter, compared to analyst estimates of $3.13 billion. During the same period last year, the business earned $0.71 EPS. The company's revenue was up .8% compared to the same quarter last year. As a group, equities research analysts forecast that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.02%. The ex-dividend date was Wednesday, May 28th. Yum China's dividend payout ratio (DPR) is 40.17%.

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.