Caisse DE Depot ET Placement DU Quebec Has $10.53 Million Stock Holdings in Yum China $YUMC

Key Points

• Caisse DE Depot ET Placement DU Quebec has increased its stake in Yum China by 17.3%, owning a total of 202,318 shares valued at approximately $10.53 million.
• Yum China's stock has experienced a 4.1% decline recently, with current values around $44.56 and a market cap of $16.43 billion.
• The company declared a quarterly dividend of $0.24 per share, representing an annual yield of 2.2%, with the dividend payout ratio at 39.67%.

Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Yum China (NYSE:YUMC - Free Report) by 17.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 202,318 shares of the company's stock after purchasing an additional 29,800 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned approximately 0.05% of Yum China worth $10,533,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in Yum China by 29.7% in the first quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company's stock valued at $1,248,709,000 after acquiring an additional 5,485,735 shares during the last quarter. Northern Trust Corp raised its stake in Yum China by 9.0% in the 1st quarter. Northern Trust Corp now owns 2,076,822 shares of the company's stock worth $108,119,000 after purchasing an additional 171,643 shares in the last quarter. GAMMA Investing LLC increased 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. increased 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. Finally, AXA S.A. increased its holdings 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 buying an additional 8,016 shares during the period. Institutional investors and hedge funds own 85.58% of the company's stock.

Yum China Price Performance

Shares of Yum China stock traded up $0.17 during midday trading on Monday, hitting $44.75. 1,398,449 shares of the company traded hands, compared to its average volume of 2,148,282. The stock has a market cap of $16.50 billion, a price-to-earnings ratio of 18.49, a PEG ratio of 1.69 and a beta of 0.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.22 and a current ratio of 1.39. The firm's fifty day moving average price is $46.01 and its 200-day moving average price is $46.34. Yum China has a 12 month low of $33.33 and a 12 month high of $53.99.

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 (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.01. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The firm's revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.55 EPS. As a group, sell-side analysts forecast that Yum China will post 2.54 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 2nd will be given a dividend of $0.24 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $0.96 annualized dividend and a yield of 2.1%. 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.