Wellington Management Group LLP Has $208.19 Million Position in Yum China $YUMC

Key Points

• Wellington Management Group LLP has reduced its stake in Yum China by 12.7%, now holding approximately 3.99 million shares valued at $208.19 million, making up about 1.07% of the company.
• Yum China reported a quarterly EPS of $0.58, beating consensus estimates, with a revenue of $2.79 billion, up 4.0% year-over-year.
• The company declared a quarterly dividend of $0.24 per share, with an annualized yield of 2.2% and a payout ratio of 39.67%.

Wellington Management Group LLP lessened its holdings in shares of Yum China (NYSE:YUMC - Free Report) by 12.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,999,315 shares of the company's stock after selling 581,115 shares during the period. Wellington Management Group LLP owned approximately 1.07% of Yum China worth $208,192,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Korea Investment CORP lifted its stake in Yum China by 6.4% in the first quarter. Korea Investment CORP now owns 316,719 shares of the company's stock valued at $16,488,000 after buying an additional 19,000 shares in the last quarter. Northern Trust Corp increased its position in shares of Yum China by 9.0% during the first quarter. Northern Trust Corp now owns 2,076,822 shares of the company's stock worth $108,119,000 after acquiring an additional 171,643 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Yum China by 4.5% during the first quarter. Raymond James Financial Inc. now owns 1,489,191 shares of the company's stock worth $77,527,000 after acquiring an additional 64,283 shares during the period. Philadelphia Trust Co. acquired a new stake in shares of Yum China during the first quarter worth $350,000. Finally, American Century Companies Inc. lifted its position in Yum China by 15.0% in the 1st quarter. American Century Companies Inc. now owns 690,083 shares of the company's stock valued at $35,926,000 after acquiring an additional 90,015 shares in the last quarter. 85.58% of the stock is owned by institutional investors.

Yum China Price Performance

Shares of NYSE YUMC opened at $44.5940 on Thursday. The company has a fifty day moving average price of $45.71 and a 200 day moving average price of $46.45. The firm has a market cap of $16.44 billion, a PE ratio of 18.43, a PEG ratio of 1.68 and a beta of 0.27. 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 has a 1-year low of $32.85 and a 1-year high of $53.99.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.01. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS. Research analysts predict that Yum China will post 2.54 earnings per share for the current fiscal year.

Yum China Dividend Announcement

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 given a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.96 dividend on an annualized basis and a yield of 2.2%. Yum China's dividend payout ratio is 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.

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