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

Stratos Wealth Advisors LLC lowered its holdings in shares of Yum China (NYSE:YUMC - Free Report) by 14.7% in the first quarter, according to its most recent disclosure with the 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 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of YUMC. Steward Partners Investment Advisory LLC grew its holdings in Yum China by 4.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company's stock worth $298,000 after purchasing an additional 276 shares during the period. Atria Investments Inc grew its holdings in Yum China by 1.2% during the fourth quarter. Atria Investments Inc now owns 23,074 shares of the company's stock worth $1,111,000 after purchasing an additional 273 shares during the period. EverSource Wealth Advisors LLC lifted its position in Yum China by 58.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock worth $42,000 after acquiring an additional 324 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new stake in Yum China during the fourth quarter worth approximately $31,836,000. Finally, Avantax Advisory Services Inc. acquired a new stake in Yum China during the fourth quarter worth approximately $231,000. Institutional investors own 85.58% of the company's stock.

Yum China Stock Performance

YUMC stock traded down $0.28 during mid-day trading on Friday, hitting $47.60. 1,387,652 shares of the company were exchanged, compared to its average volume of 2,888,712. The business has a 50 day simple moving average of $44.44 and a 200-day simple moving average of $46.30. The company has a current ratio of 1.26, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $17.67 billion, a PE ratio of 19.92, a price-to-earnings-growth ratio of 1.80 and a beta of 0.28. Yum China has a 1-year low of $28.50 and a 1-year high of $53.99.

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

Yum China Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th were given a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.02%. Yum China's payout ratio is 40.17%.

Analyst Upgrades and Downgrades

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

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.