Yum China $YUMC Shares Purchased by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

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 increased its position in shares of Yum China (NYSE:YUMC - Free Report) by 4.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,547,543 shares of the company's stock after purchasing an additional 142,000 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.95% of Yum China worth $184,685,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in YUMC. Mirae Asset Global Investments Co. Ltd. increased its holdings 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 buying an additional 11,346,069 shares in the last quarter. JPMorgan Chase & Co. increased its holdings 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 buying an additional 5,485,735 shares in the last quarter. Principal Financial Group Inc. increased its holdings 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 buying an additional 3,704,756 shares in the last quarter. Vontobel Holding Ltd. increased its holdings in Yum China by 416.7% in the first quarter. Vontobel Holding Ltd. now owns 1,435,098 shares of the company's stock valued at $74,711,000 after buying an additional 1,157,340 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Yum China in the fourth quarter valued at about $46,445,000. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Price Performance

Yum China stock traded up $0.53 during mid-day trading on Wednesday, reaching $45.06. The company had a trading volume of 865,145 shares, compared to its average volume of 2,519,709. The stock's 50-day simple moving average is $45.76 and its 200-day simple moving average is $46.03. The company has a market capitalization of $16.61 billion, a P/E ratio of 18.63, a P/E/G ratio of 1.64 and a beta of 0.22. Yum China has a 1 year low of $34.70 and a 1 year high of $53.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.39 and a quick ratio of 1.22.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly 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. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The company's quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.55 earnings per share. On average, equities analysts predict that Yum China will post 2.54 EPS for the current year.

Yum China Announces Dividend

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