Credit Agricole S A Purchases 13,928 Shares of Yum China $YUMC

Key Points

• Credit Agricole S A has increased its stake in Yum China by 13.5%, now holding 116,992 shares valued at over $6.09 million.
• Yum China reported a quarterly earnings per share (EPS) of $0.58, surpassing estimates of $0.57, while its revenue was $2.79 billion.
• The company announced a quarterly dividend of $0.24 per share, reflecting a 2.1% dividend yield for shareholders.

Credit Agricole S A increased its stake in shares of Yum China (NYSE:YUMC - Free Report) by 13.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 116,992 shares of the company's stock after purchasing an additional 13,928 shares during the quarter. Credit Agricole S A's holdings in Yum China were worth $6,091,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in YUMC. Mariner LLC lifted its stake in Yum China by 3.6% in the fourth quarter. Mariner LLC now owns 24,859 shares of the company's stock valued at $1,197,000 after acquiring an additional 874 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Yum China by 53.9% in the fourth quarter. NewEdge Advisors LLC now owns 9,686 shares of the company's stock valued at $467,000 after acquiring an additional 3,393 shares during the last quarter. GeoWealth Management LLC lifted its stake in Yum China by 689.6% in the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company's stock valued at $25,000 after acquiring an additional 462 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Yum China by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,927,991 shares of the company's stock valued at $92,874,000 after acquiring an additional 56,979 shares during the last quarter. Finally, First Trust Advisors LP acquired a new stake in Yum China in the fourth quarter valued at approximately $475,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Stock Down 4.1%

NYSE YUMC traded down $1.91 during trading on Wednesday, reaching $44.57. The company's stock had a trading volume of 883,350 shares, compared to its average volume of 2,568,092. Yum China has a 1-year low of $32.85 and a 1-year high of $53.99. The stock has a market capitalization of $16.43 billion, a PE ratio of 18.41, a PEG ratio of 1.77 and a beta of 0.27. The company has a current ratio of 1.39, a quick ratio of 1.22 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $45.90 and a 200-day moving average price of $46.43.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 EPS 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 firm posted $0.55 earnings per share. The company's quarterly revenue was up 4.0% compared to the same quarter last year. On average, research analysts forecast that Yum China will post 2.54 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 2nd will be given a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.2%. Yum China's dividend payout ratio (DPR) is currently 39.67%.

About Yum China

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.