Swedbank AB Acquires 8,400 Shares of Yum China $YUMC

Key Points

• Swedbank AB has increased its stake in Yum China by 3.9%, now owning 221,772 shares, which are valued at approximately $11.5 million.
• In the fourth quarter, several institutional investors—including Nuveen Asset Management and Cetera Investment Advisers—also significantly boosted their positions in Yum China, indicating growing interest.
• Yum China will pay a quarterly dividend of $0.24 per share on September 23rd, representing an annualized yield of 2.2%.

Swedbank AB grew its stake in Yum China (NYSE:YUMC - Free Report) by 3.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 221,772 shares of the company's stock after purchasing an additional 8,400 shares during the quarter. Swedbank AB owned approximately 0.06% of Yum China worth $11,545,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Voya Investment Management LLC increased its position in Yum China by 2.1% in the first quarter. Voya Investment Management LLC now owns 37,424 shares of the company's stock worth $1,948,000 after buying an additional 767 shares during the last quarter. Strs Ohio purchased a new position in Yum China during the first quarter worth about $99,000. Ellsworth Advisors LLC purchased a new position in Yum China during the first quarter worth about $5,185,000. Focus Partners Wealth lifted its stake in Yum China by 13.8% during the first quarter. Focus Partners Wealth now owns 21,289 shares of the company's stock worth $1,108,000 after purchasing an additional 2,582 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Yum China by 4.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,547,543 shares of the company's stock worth $184,685,000 after purchasing an additional 142,000 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors.

Yum China Price Performance

YUMC stock traded down $0.05 during mid-day trading on Friday, hitting $43.78. 1,268,876 shares of the stock were exchanged, compared to its average volume of 2,112,054. 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 business has a fifty day moving average price of $45.55 and a 200 day moving average price of $45.95. Yum China has a 12 month low of $35.15 and a 12 month high of $53.99. The stock has a market capitalization of $16.14 billion, a price-to-earnings ratio of 18.09, a PEG ratio of 1.65 and a beta of 0.22.

Yum China (NYSE:YUMC - Get Free Report) last released its 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 company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the previous year, the company posted $0.55 EPS. Yum China's revenue for the quarter was up 4.0% on a year-over-year basis. On average, sell-side analysts anticipate that Yum China will post 2.54 EPS for the current year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 2nd will be paid a $0.24 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $0.96 annualized dividend and a dividend yield of 2.2%. Yum China's dividend payout ratio is presently 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.