Yum China $YUMC Shares Purchased by Public Sector Pension Investment Board

Key Points

• The Public Sector Pension Investment Board increased its holdings in Yum China by 18.1%, owning 143,593 shares valued at approximately $7.47 million after purchasing an additional 22,000 shares.
• Yum China's stock traded down to $44.75 with a market capitalization of $16.50 billion and has seen a one-year low of $32.85 and a high of $53.99.
• The company declared a quarterly dividend of $0.24, representing an annualized dividend yield of 2.1% with a payout ratio of 39.67%.

Public Sector Pension Investment Board raised its holdings in shares of Yum China (NYSE:YUMC - Free Report) by 18.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,593 shares of the company's stock after acquiring an additional 22,000 shares during the quarter. Public Sector Pension Investment Board's holdings in Yum China were worth $7,475,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. GeoWealth Management LLC boosted its stake in shares of Yum China by 689.6% during the 4th quarter. GeoWealth Management LLC now owns 529 shares of the company's stock worth $25,000 after purchasing an additional 462 shares during the last quarter. Hughes Financial Services LLC purchased a new stake in Yum China in the 1st quarter valued at about $29,000. SouthState Corp boosted its position in shares of Yum China by 4,915.4% in the first quarter. SouthState Corp now owns 652 shares of the company's stock worth $34,000 after acquiring an additional 639 shares during the last quarter. CX Institutional acquired a new stake in shares of Yum China in the first quarter worth approximately $37,000. Finally, Goodman Advisory Group LLC acquired a new stake in shares of Yum China in the first quarter worth approximately $41,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Yum China Trading Down 0.0%

Shares of YUMC traded down $0.01 during mid-day trading on Monday, hitting $44.74. The company had a trading volume of 1,019,460 shares, compared to its average volume of 2,575,475. The business's 50-day simple moving average is $45.72 and its 200-day simple moving average is $46.49. The company has a quick ratio of 1.22, a current ratio of 1.39 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. The stock has a market cap of $16.50 billion, a PE ratio of 18.49, a P/E/G ratio of 1.69 and a beta of 0.27.

Yum China (NYSE:YUMC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.01. The firm had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. Yum China's revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 earnings per share. Sell-side analysts forecast that Yum China will post 2.54 earnings per share for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 2nd. Yum China's payout ratio is presently 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.