Yum China (NYSE:YUMC) Shares Gap Down to $40.04

Yum China Holdings, Inc. (NYSE:YUMC - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $40.04, but opened at $37.44. Yum China shares last traded at $37.11, with a volume of 1,772,555 shares traded.

Analyst Upgrades and Downgrades

Several research firms recently commented on YUMC. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $38.00 price objective (down previously from $65.00) on shares of Yum China in a research note on Thursday, January 4th. HSBC cut their target price on Yum China from $66.80 to $51.30 and set a "buy" rating for the company in a research note on Wednesday, March 6th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $54.65.

Yum China Trading Down 8.8 %

The stock's fifty day moving average price is $40.00 and its two-hundred day moving average price is $41.62. The company has a current ratio of 1.42, a quick ratio of 1.24 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $14.31 billion, a P/E ratio of 18.83, a price-to-earnings-growth ratio of 1.48 and a beta of 0.45.

Yum China (NYSE:YUMC - Get Free Report) last released its quarterly earnings results on Monday, April 29th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.65 by $0.06. Yum China had a net margin of 7.53% and a return on equity of 11.63%. The firm had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the prior year, the firm earned $0.69 EPS. The business's revenue for the quarter was up 1.4% compared to the same quarter last year. Equities research analysts forecast that Yum China Holdings, Inc. will post 2.2 EPS for the current year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 28th will be issued a dividend of $0.16 per share. The ex-dividend date is Friday, May 24th. This represents a $0.64 annualized dividend and a yield of 1.75%. Yum China's dividend payout ratio (DPR) is currently 32.65%.

Institutional Trading of Yum China

Large investors have recently made changes to their positions in the stock. Norges Bank purchased a new position in Yum China in the fourth quarter valued at approximately $265,777,000. Dodge & Cox lifted its position in Yum China by 23,769.2% in the 4th quarter. Dodge & Cox now owns 3,165,531 shares of the company's stock valued at $134,313,000 after purchasing an additional 3,152,269 shares during the last quarter. PBCay One RSC Ltd acquired a new position in shares of Yum China during the fourth quarter worth approximately $42,891,000. Schroder Investment Management Group boosted its position in Yum China by 23.3% during the 3rd quarter. Schroder Investment Management Group now owns 4,847,238 shares of the company's stock worth $270,088,000 after acquiring an additional 916,418 shares during the period. Finally, FIL Ltd lifted its position in Yum China by 8.3% in the fourth quarter. FIL Ltd now owns 7,584,264 shares of the company's stock worth $322,139,000 after purchasing an additional 582,792 shares during the period. Institutional investors and hedge funds own 85.58% of the company's stock.

Yum China Company 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.