Charles Schwab Investment Management Inc. Has $51.05 Million Stock Position in Yum China $YUMC

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Yum China by 0.9%, owning approximately 0.26% of the company valued at $51,045,000 after acquiring additional shares.
• Yum China reported earnings of $0.58 per share for its latest quarter, which surpassed analysts' expectations of $0.57, and generated revenue of $2.79 billion.
• The company has announced a quarterly dividend of $0.24 per share scheduled for September 23rd, representing an annualized dividend of $0.96 and a yield of 2.1%.

Charles Schwab Investment Management Inc. boosted its stake in Yum China (NYSE:YUMC - Free Report) by 0.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 980,552 shares of the company's stock after buying an additional 9,204 shares during the period. Charles Schwab Investment Management Inc. owned 0.26% of Yum China worth $51,045,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Yum China by 1.3% during the first quarter. Vanguard Group Inc. now owns 15,244,094 shares of the company's stock valued at $796,723,000 after purchasing an additional 200,938 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Yum China by 35.6% during 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. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Yum China by 6,304.9% during 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 purchasing an additional 11,346,069 shares during the period. Royal Bank of Canada increased its holdings in shares of Yum China by 4.5% during the fourth quarter. Royal Bank of Canada now owns 10,361,804 shares of the company's stock valued at $499,127,000 after purchasing an additional 448,188 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake in Yum China by 1.4% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,185,305 shares of the company's stock valued at $217,887,000 after buying an additional 56,288 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Yum China Price Performance

YUMC stock traded down $0.20 during trading hours on Monday, hitting $44.55. 1,825,143 shares of the stock traded hands, compared to its average volume of 1,875,911. The stock has a 50-day simple moving average of $45.72 and a 200 day simple moving average of $46.48. Yum China has a one year low of $32.85 and a one year high of $53.99. The company has a market cap of $16.43 billion, a P/E ratio of 18.41, a P/E/G ratio of 1.69 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 (NYSE:YUMC - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.01. Yum China had a return on equity of 14.13% and a net margin of 8.04%. The business had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.80 billion. During the same quarter last year, the business posted $0.55 earnings per share. The company's quarterly revenue was up 4.0% on a year-over-year basis. Equities analysts forecast that Yum China will post 2.54 earnings per share for the current year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 2nd will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.96 annualized dividend and a yield of 2.2%. Yum China's dividend payout ratio (DPR) 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.