XTX Topco Ltd Sells 11,132 Shares of Yum China (NYSE:YUMC)

XTX Topco Ltd trimmed its position in Yum China (NYSE:YUMC - Free Report) by 71.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,346 shares of the company's stock after selling 11,132 shares during the period. XTX Topco Ltd's holdings in Yum China were worth $226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Snowden Capital Advisors LLC increased its holdings in Yum China by 5.8% in the 4th quarter. Snowden Capital Advisors LLC now owns 4,726 shares of the company's stock valued at $228,000 after purchasing an additional 261 shares during the last quarter. Merit Financial Group LLC grew its stake in shares of Yum China by 4.9% during the first quarter. Merit Financial Group LLC now owns 7,006 shares of the company's stock worth $365,000 after purchasing an additional 330 shares in the last quarter. Applied Capital LLC FL lifted its stake in Yum China by 1.9% during the first quarter. Applied Capital LLC FL now owns 18,483 shares of the company's stock worth $962,000 after purchasing an additional 353 shares during the last quarter. Spire Wealth Management boosted its holdings in shares of Yum China by 30.5% in the 1st quarter. Spire Wealth Management now owns 1,744 shares of the company's stock valued at $91,000 after buying an additional 408 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in Yum China by 1.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 34,115 shares of the company's stock valued at $1,776,000 after acquiring an additional 426 shares during the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Yum China Price Performance

Shares of YUMC traded down $0.81 during mid-day trading on Thursday, reaching $44.80. 1,611,791 shares of the company's stock were exchanged, compared to its average volume of 1,859,803. Yum China has a 52-week low of $32.85 and a 52-week high of $53.99. The company has a 50-day simple moving average of $45.68 and a two-hundred day simple moving average of $46.50. The company has a market cap of $16.52 billion, a price-to-earnings ratio of 18.85, a PEG ratio of 1.72 and a beta of 0.27. The company has a quick ratio of 1.11, a current ratio of 1.39 and a debt-to-equity ratio of 0.01.

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. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter last year, the business earned $0.55 EPS. Yum China's revenue for the quarter was up 4.0% on a year-over-year basis. On average, sell-side analysts predict that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 2nd will be issued a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.96 annualized dividend and a dividend yield of 2.1%. Yum China's payout ratio is 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.