Summit Trail Advisors LLC Purchases 32,745 Shares of Yum China (NYSE:YUMC)

Summit Trail Advisors LLC lifted its holdings in shares of Yum China (NYSE:YUMC - Free Report) by 255.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,540 shares of the company's stock after buying an additional 32,745 shares during the quarter. Summit Trail Advisors LLC's holdings in Yum China were worth $2,371,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Yum China by 5.0% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,276 shares of the company's stock valued at $899,000 after purchasing an additional 818 shares during the last quarter. Vontobel Holding Ltd. grew its position in shares of Yum China by 416.7% during the 1st quarter. Vontobel Holding Ltd. now owns 1,435,098 shares of the company's stock worth $74,711,000 after buying an additional 1,157,340 shares during the period. Essex Financial Services Inc. increased its stake in shares of Yum China by 10.2% in the 1st quarter. Essex Financial Services Inc. now owns 7,964 shares of the company's stock valued at $415,000 after acquiring an additional 737 shares during the last quarter. Goodman Advisory Group LLC bought a new stake in shares of Yum China in the 1st quarter valued at about $41,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Yum China by 6,304.9% in 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 acquiring an additional 11,346,069 shares during the period. 85.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Yum China Stock Down 0.4%

Shares of NYSE YUMC traded down $0.19 during mid-day trading on Thursday, reaching $45.76. 1,021,696 shares of the company's stock were exchanged, compared to its average volume of 2,877,221. Yum China has a twelve month low of $28.50 and a twelve month high of $53.99. The company has a current ratio of 1.26, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $16.99 billion, a price-to-earnings ratio of 19.15, a PEG ratio of 1.73 and a beta of 0.28. The business has a fifty day simple moving average of $44.17 and a 200 day simple moving average of $46.43.

Yum China (NYSE:YUMC - Get Free Report) last announced 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 return on equity of 14.08% and a net margin of 8.09%. The business's quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the business posted $0.71 earnings per share. As a group, equities analysts expect that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Announces Dividend

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

Yum China Company 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.