UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $184.69 Million Stock Position in Yum China $YUMC

Key Points

• UBS Asset Management increased its stake in Yum China by 4.2%, owning approximately 3.55 million shares worth $184.69 million as of the latest filing with the SEC.
• Yum China reported earnings of $0.58 per share for the last quarter, beating the consensus estimate of $0.57, with year-over-year revenue growth of 4%.
• The company declared a quarterly dividend of $0.24, representing an annualized yield of 2.1%, with a payout ratio of 39.67%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Yum China (NYSE:YUMC - Free Report) by 4.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,547,543 shares of the company's stock after purchasing an additional 142,000 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.95% of Yum China worth $184,685,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Okabena Investment Services Inc. lifted its holdings in shares of Yum China by 0.5% during the 1st quarter. Okabena Investment Services Inc. now owns 50,003 shares of the company's stock valued at $2,603,000 after buying an additional 226 shares during the last quarter. Snowden Capital Advisors LLC raised its holdings in shares of Yum China by 5.8% during the 4th quarter. Snowden Capital Advisors LLC now owns 4,726 shares of the company's stock valued at $228,000 after purchasing an additional 261 shares in the last quarter. Focus Partners Advisor Solutions LLC lifted its stake in shares of Yum China by 5.0% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 5,555 shares of the company's stock valued at $289,000 after purchasing an additional 263 shares during the last quarter. Merit Financial Group LLC boosted its holdings in Yum China by 4.9% in the first quarter. Merit Financial Group LLC now owns 7,006 shares of the company's stock worth $365,000 after purchasing an additional 330 shares in the last quarter. Finally, Applied Capital LLC FL increased its position in Yum China by 1.9% during the first quarter. Applied Capital LLC FL now owns 18,483 shares of the company's stock worth $962,000 after buying an additional 353 shares during the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Stock Down 0.8%

NYSE YUMC traded down $0.35 during trading on Monday, hitting $43.63. 1,135,969 shares of the company traded hands, compared to its average volume of 2,531,862. The company has a market capitalization of $16.09 billion, a P/E ratio of 18.03, a PEG ratio of 1.66 and a beta of 0.22. The business has a fifty day simple moving average of $45.90 and a 200 day simple moving average of $46.08. Yum China has a 12 month low of $34.14 and a 12 month high of $53.99. The company has a current ratio of 1.39, a quick ratio of 1.22 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same period last year, the business earned $0.55 EPS. The firm's revenue was up 4.0% compared to the same quarter last year. As a group, sell-side analysts predict that Yum China will post 2.54 EPS for the current year.

Yum China Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Tuesday, September 2nd. Yum China's dividend payout ratio is 39.67%.

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.