Yum China (NYSE:YUMC) Shares Sold by Van Berkom & Associates Inc.

Key Points

• Van Berkom & Associates Inc. reduced its stake in Yum China by 24.9%, selling 6,650 shares, resulting in a remaining ownership of 20,100 shares valued at approximately $1,046,000.
• Yum China's stock is currently rated as a "Buy" by analysts, with an average target price of $48.70, indicating positive market sentiment.
• The company recently announced a quarterly dividend of $0.24 per share, representing an annualized yield of 2.01% and a payout ratio of 40.17%.

Van Berkom & Associates Inc. reduced its stake in Yum China (NYSE:YUMC - Free Report) by 24.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,100 shares of the company's stock after selling 6,650 shares during the period. Van Berkom & Associates Inc.'s holdings in Yum China were worth $1,046,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in Yum China by 4,967.3% in the 1st quarter. GAMMA Investing LLC now owns 98,914 shares of the company's stock valued at $5,149,000 after buying an additional 96,962 shares during the period. Principal Financial Group Inc. raised its holdings in Yum China by 35.6% in the 1st quarter. Principal Financial Group Inc. now owns 14,102,077 shares of the company's stock valued at $734,150,000 after buying an additional 3,704,756 shares during the period. AXA S.A. grew its position in Yum China by 34.4% in the 4th quarter. AXA S.A. now owns 31,286 shares of the company's stock valued at $1,507,000 after acquiring an additional 8,016 shares in the last quarter. Sarasin & Partners LLP acquired a new position in Yum China in the 1st quarter valued at about $2,863,000. Finally, Summit Trail Advisors LLC grew its position in Yum China by 255.9% in the 1st quarter. Summit Trail Advisors LLC now owns 45,540 shares of the company's stock valued at $2,371,000 after acquiring an additional 32,745 shares in the last quarter. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Daiwa America raised Yum China to a "strong-buy" rating in a research report on Wednesday, April 9th. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $48.70.

Yum China Stock Performance

NYSE YUMC traded up $0.32 on Wednesday, reaching $46.81. The stock had a trading volume of 343,723 shares, compared to its average volume of 2,625,635. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.26. Yum China has a 12-month low of $28.50 and a 12-month high of $53.99. The business's 50-day moving average price is $45.16 and its 200 day moving average price is $46.43. The stock has a market cap of $17.38 billion, a P/E ratio of 19.58, a price-to-earnings-growth ratio of 1.77 and a beta of 0.28.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly 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). Yum China had a return on equity of 14.08% and a net margin of 8.09%. The company had revenue of $2.98 billion for the quarter, compared to analysts' expectations of $3.13 billion. During the same quarter last year, the company earned $0.71 EPS. Yum China's revenue for the quarter was up .8% compared to the same quarter last year. As a group, equities analysts expect that Yum China will post 2.54 earnings per share for the current year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.05%. The ex-dividend date was Wednesday, May 28th. Yum China's dividend payout ratio (DPR) is presently 40.17%.

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.