Vanguard Group Inc. Raises Holdings in Yum China (NYSE:YUMC)

Vanguard Group Inc. boosted its holdings in shares of Yum China (NYSE:YUMC - Free Report) by 1.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,244,094 shares of the company's stock after buying an additional 200,938 shares during the period. Vanguard Group Inc. owned approximately 4.07% of Yum China worth $796,723,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in YUMC. Mirae Asset Global Investments Co. Ltd. increased its position in Yum China by 6,304.9% during the 1st 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. Principal Financial Group Inc. increased its holdings in shares of 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 during the period. Driehaus Capital Management LLC acquired a new position in shares of Yum China in the fourth quarter valued at about $66,524,000. Northern Trust Corp increased its holdings in shares of Yum China by 198.3% in the fourth quarter. Northern Trust Corp now owns 1,905,179 shares of the company's stock valued at $91,772,000 after purchasing an additional 1,266,530 shares during the period. Finally, Vontobel Holding Ltd. increased its holdings in shares of 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 purchasing an additional 1,157,340 shares during the period. 85.58% of the stock is owned by institutional investors and hedge funds.

Yum China Stock Performance

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

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

Yum China Announces Dividend

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