Yum China (NYSE:YUMC) is Matthews International Capital Management LLC's 6th Largest Position

Matthews International Capital Management LLC lessened its position in Yum China (NYSE:YUMC - Free Report) by 37.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 470,842 shares of the company's stock after selling 282,082 shares during the period. Yum China makes up 5.1% of Matthews International Capital Management LLC's portfolio, making the stock its 6th biggest position. Matthews International Capital Management LLC owned approximately 0.13% of Yum China worth $24,512,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. GeoWealth Management LLC grew its stake in shares of Yum China by 689.6% in the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company's stock worth $25,000 after purchasing an additional 462 shares in the last quarter. CX Institutional acquired a new stake in Yum China in the first quarter worth about $37,000. Graney & King LLC bought a new position in Yum China in the 4th quarter valued at about $39,000. EverSource Wealth Advisors LLC increased its stake in Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company's stock valued at $42,000 after buying an additional 324 shares during the period. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Yum China during the 4th quarter worth about $48,000. 85.58% of the stock is currently owned by institutional investors.

Yum China Price Performance

NYSE YUMC traded down $0.14 on Thursday, reaching $42.79. The company's stock had a trading volume of 1,382,841 shares, compared to its average volume of 2,908,519. Yum China has a twelve month low of $28.50 and a twelve month high of $53.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.26. The firm's 50 day moving average is $44.07 and its two-hundred day moving average is $46.73. The stock has a market cap of $15.97 billion, a PE ratio of 17.90, a PEG ratio of 1.65 and a beta of 0.28.

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 business 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%. The firm's revenue for the quarter was up .8% on a year-over-year basis. During the same period in the prior year, the company earned $0.71 earnings per share. As a group, sell-side analysts predict that Yum China will post 2.54 EPS for the current year.

Yum China Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.24%. Yum China's dividend payout ratio (DPR) is presently 40.17%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wall Street Zen cut shares of Yum China from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Daiwa America raised Yum China to a "strong-buy" rating in a research note on Wednesday, April 9th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price 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.