Weiss Ratings Reiterates Hold (C) Rating for Yum China (NYSE:YUMC)

Key Points

• Weiss Ratings has reaffirmed a "hold" rating for Yum China (NYSE:YUMC), indicating a cautious outlook for the company's stock.
• Yum China's stock price decreased by 0.4%, closing at $42.38, with a significant trading volume of 690,723 shares.
• Institutional investors collectively hold 85.58% of Yum China's shares, with several significant positions being increased in the last quarter.

Yum China (NYSE:YUMC - Get Free Report)'s stock had its "hold (c)" rating reissued by stock analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Yum China Stock Down 0.4%

Shares of YUMC traded down $0.19 during midday trading on Wednesday, reaching $42.38. 690,723 shares of the company were exchanged, compared to its average volume of 2,438,763. The stock has a 50-day moving average price of $44.44 and a 200-day moving average price of $45.24. The company has a market cap of $15.42 billion, a price-to-earnings ratio of 17.51, a P/E/G ratio of 1.62 and a beta of 0.18. Yum China has a 1-year low of $41.00 and a 1-year high of $53.99. The company has a current ratio of 1.39, a quick ratio of 1.22 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC - Get Free Report) last issued 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. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.80 billion. Yum China had a return on equity of 14.13% and a net margin of 8.04%.Yum China's revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.55 earnings per share. Research analysts expect that Yum China will post 2.54 earnings per share for the current year.

Institutional Trading of Yum China

A number of institutional investors and hedge funds have recently made changes to their positions in YUMC. Caldwell Trust Co bought a new position in Yum China in the 2nd quarter worth approximately $56,000. Valeo Financial Advisors LLC boosted its stake in shares of Yum China by 41.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 6,167 shares of the company's stock worth $276,000 after acquiring an additional 1,818 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of Yum China by 34.2% during the 2nd quarter. Osaic Holdings Inc. now owns 55,204 shares of the company's stock worth $2,571,000 after acquiring an additional 14,067 shares in the last quarter. State of Wyoming boosted its stake in shares of Yum China by 81.0% during the 2nd quarter. State of Wyoming now owns 14,775 shares of the company's stock worth $661,000 after acquiring an additional 6,612 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Yum China by 29.5% in the second quarter. Geneos Wealth Management Inc. now owns 1,452 shares of the company's stock valued at $65,000 after purchasing an additional 331 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

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.

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