Northern Trust Corp Has $108.12 Million Stock Position in Yum China $YUMC

Key Points

• Northern Trust Corp increased its stake in Yum China by 9.0%, owning over 2 million shares valued at around $108 million, highlighting institutional interest in the company.
• Yum China's stock has seen a 1.7% increase, with the current trading price at approximately $45.87 and a market cap of $16.91 billion.
• The company announced a quarterly dividend of $0.24 per share, translating to an annual yield of 2.1%, reinforcing its commitment to returning value to shareholders.

Northern Trust Corp increased its stake in shares of Yum China (NYSE:YUMC - Free Report) by 9.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,076,822 shares of the company's stock after buying an additional 171,643 shares during the period. Northern Trust Corp owned 0.55% of Yum China worth $108,119,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in Yum China by 29.7% in the 1st quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company's stock valued at $1,248,709,000 after purchasing an additional 5,485,735 shares during the period. GAMMA Investing LLC boosted 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 purchasing an additional 96,962 shares during the period. Principal Financial Group Inc. boosted 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 purchasing an additional 3,704,756 shares during the period. AXA S.A. boosted 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 purchasing an additional 8,016 shares during the period. Finally, Sarasin & Partners LLP acquired a new stake in shares of Yum China during the 1st quarter worth approximately $2,863,000. Institutional investors own 85.58% of the company's stock.

Yum China Price Performance

Shares of NYSE YUMC traded up $0.17 during trading hours on Friday, hitting $44.75. 1,398,449 shares of the stock were exchanged, compared to its average volume of 2,157,687. 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 company has a market cap of $16.50 billion, a PE ratio of 18.49, a price-to-earnings-growth ratio of 1.68 and a beta of 0.27. The company's fifty day simple moving average is $46.01 and its two-hundred day simple moving average is $46.37. Yum China has a 1-year low of $33.33 and a 1-year high of $53.99.

Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 EPS. On average, sell-side analysts predict that Yum China will post 2.54 EPS for the current year.

Yum China Announces Dividend

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