Timber Creek Capital Management LLC Cuts Stock Holdings in Yum China (NYSE:YUMC)

Timber Creek Capital Management LLC lowered its position in Yum China (NYSE:YUMC - Free Report) by 22.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,356 shares of the company's stock after selling 10,805 shares during the period. Timber Creek Capital Management LLC's holdings in Yum China were worth $1,893,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in YUMC. Principal Financial Group Inc. increased its stake in 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 buying an additional 3,704,756 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Yum China by 6,304.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,526,026 shares of the company's stock valued at $600,045,000 after acquiring an additional 11,346,069 shares in the last quarter. Royal Bank of Canada increased its position in shares of Yum China by 4.5% during the fourth quarter. Royal Bank of Canada now owns 10,361,804 shares of the company's stock valued at $499,127,000 after acquiring an additional 448,188 shares during the last quarter. FMR LLC increased its position in shares of Yum China by 138.5% during the fourth quarter. FMR LLC now owns 8,558,050 shares of the company's stock valued at $412,241,000 after acquiring an additional 4,969,073 shares during the last quarter. Finally, William Blair Investment Management LLC bought a new stake in Yum China during the fourth quarter worth $243,901,000. 85.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Yum China Trading Down 0.4%

Shares of YUMC stock opened at $45.76 on Friday. Yum China has a 12-month low of $28.50 and a 12-month high of $53.99. The company has a quick ratio of 1.11, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average of $44.16 and a 200-day moving average of $46.41. The firm has a market cap of $16.99 billion, a P/E ratio of 19.15, a PEG ratio of 1.74 and a beta of 0.28.

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

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th were given a dividend of $0.24 per share. The ex-dividend date was Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.10%. Yum China's dividend payout ratio is presently 40.17%.

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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