Triglav Skladi D.O.O. Buys New Shares in Yum China (NYSE:YUMC)

Key Points

• Triglav Skladi D.O.O. has acquired 15,000 shares of Yum China, totaling approximately $781,000, as part of their first-quarter investments.
• Yum China reported a quarterly earnings per share of $0.58, slightly exceeding analysts' expectations, with revenues of $2.79 billion.
• The company declared a quarterly dividend of $0.24 per share, reflecting an annualized yield of 2.1%, with a payout ratio of 39.67%.

Triglav Skladi D.O.O. purchased a new position in shares of Yum China (NYSE:YUMC - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,000 shares of the company's stock, valued at approximately $781,000.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its stake in Yum China by 29.7% in the first quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company's stock valued at $1,248,709,000 after purchasing an additional 5,485,735 shares in the last quarter. Vanguard Group Inc. increased its stake in Yum China by 1.3% in the first quarter. Vanguard Group Inc. now owns 15,244,094 shares of the company's stock valued at $796,723,000 after purchasing an additional 200,938 shares in the last quarter. Principal Financial Group Inc. increased its stake in Yum China by 35.6% in the first 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in 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 purchasing an additional 11,346,069 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in Yum China by 4.5% in the fourth 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 in the last quarter. 85.58% of the stock is owned by institutional investors.

Yum China Trading Down 1.8%

NYSE:YUMC traded down $0.81 during trading hours on Thursday, hitting $44.80. The stock had a trading volume of 1,611,791 shares, compared to its average volume of 1,859,803. Yum China has a one year low of $32.85 and a one year high of $53.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.39. The company has a market cap of $16.52 billion, a price-to-earnings ratio of 18.51, a P/E/G ratio of 1.72 and a beta of 0.27. The business's 50 day moving average is $45.68 and its 200-day moving average is $46.50.

Yum China (NYSE:YUMC - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.58 EPS 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 prior year, the firm earned $0.55 earnings per share. The business's quarterly revenue was up 4.0% on a year-over-year basis. Sell-side analysts anticipate that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.96 annualized dividend and a dividend yield of 2.1%. Yum China's dividend payout ratio is currently 39.67%.

About Yum China

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.