Commonwealth Equity Services LLC trimmed its holdings in Yum China Holdings, Inc. (NYSE:YUMC – Free Report) by 4.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 91,876 shares of the company’s stock after selling 4,513 shares during the period. Commonwealth Equity Services LLC’s holdings in Yum China were worth $5,824,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of YUMC. Core Alternative Capital acquired a new stake in shares of Yum China during the first quarter worth $25,000. Disciplined Investments LLC acquired a new stake in shares of Yum China in the 1st quarter valued at about $25,000. Norwood Financial Corp acquired a new stake in shares of Yum China in the 1st quarter valued at about $29,000. Delta Asset Management LLC TN bought a new stake in shares of Yum China in the fourth quarter valued at about $31,000. Finally, Column Capital Advisors LLC boosted its position in shares of Yum China by 370.4% during the first quarter. Column Capital Advisors LLC now owns 508 shares of the company’s stock worth $32,000 after buying an additional 400 shares during the period. 73.91% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on Yum China in a research note on Thursday, August 17th. They issued a “buy” rating on the stock.
Yum China Trading Down 0.3 %
Shares of NYSE:YUMC opened at $53.69 on Friday. The company’s 50-day moving average price is $56.47 and its two-hundred day moving average price is $59.24. Yum China Holdings, Inc. has a one year low of $38.58 and a one year high of $64.70. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.71 and a quick ratio of 1.53. The stock has a market capitalization of $22.34 billion, a PE ratio of 30.33, a price-to-earnings-growth ratio of 1.26 and a beta of 0.55.
Yum China (NYSE:YUMC – Get Free Report) last released its earnings results on Monday, July 31st. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.08. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.72 billion. Yum China had a return on equity of 10.39% and a net margin of 7.20%. Yum China’s revenue was up 24.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.20 earnings per share. On average, equities analysts forecast that Yum China Holdings, Inc. will post 2.06 EPS for the current fiscal year.
Yum China Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Monday, August 28th will be issued a dividend of $0.13 per share. The ex-dividend date is Friday, August 25th. This represents a $0.52 dividend on an annualized basis and a yield of 0.97%. Yum China’s payout ratio is 29.38%.
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, which sells electronics, home and kitchen accessories, and other general merchandise, as well as fried rice, steak, and pasta; and offers online food deliver services.
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