Vontobel Holding Ltd. Purchases 1,157,340 Shares of Yum China (NYSE:YUMC)

Vontobel Holding Ltd. lifted its holdings in shares of Yum China (NYSE:YUMC - Free Report) by 416.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,435,098 shares of the company's stock after purchasing an additional 1,157,340 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.38% of Yum China worth $74,711,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of YUMC. Snowden Capital Advisors LLC boosted its position in Yum China by 5.8% during the fourth quarter. Snowden Capital Advisors LLC now owns 4,726 shares of the company's stock worth $228,000 after purchasing an additional 261 shares during the period. Atria Investments Inc lifted its stake in shares of Yum China by 1.2% in the fourth quarter. Atria Investments Inc now owns 23,074 shares of the company's stock worth $1,111,000 after buying an additional 273 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of Yum China by 4.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,180 shares of the company's stock worth $298,000 after buying an additional 276 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock worth $42,000 after buying an additional 324 shares during the period. Finally, Merit Financial Group LLC grew its stake in Yum China by 4.9% in the 1st quarter. Merit Financial Group LLC now owns 7,006 shares of the company's stock valued at $365,000 after buying an additional 330 shares during the last quarter. Institutional investors own 85.58% of the company's stock.

Yum China Stock Performance

Shares of YUMC stock traded down $0.19 during trading hours on Friday, reaching $45.76. 1,115,645 shares of the company's stock were exchanged, compared to its average volume of 2,883,425. Yum China has a fifty-two week low of $28.50 and a fifty-two week 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 stock has a market capitalization of $16.99 billion, a P/E ratio of 19.15, a P/E/G ratio of 1.73 and a beta of 0.28. The business has a fifty day moving average price of $44.16 and a 200-day moving average price of $46.38.

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

Yum China Dividend Announcement

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

Analyst Upgrades and Downgrades

Separately, Daiwa America upgraded shares of Yum China to a "strong-buy" rating in a report on Wednesday, April 9th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Yum China currently has a consensus rating of "Buy" and an average price target of $48.70.

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.