Vanguard Group Inc. Purchases 200,938 Shares of Yum China (NYSE:YUMC)

Vanguard Group Inc. boosted its position in shares of Yum China (NYSE:YUMC) by 1.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,244,094 shares of the company’s stock after purchasing an additional 200,938 shares during the period. Vanguard Group Inc. owned about 4.07% of Yum China worth $796,723,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in YUMC. Envestnet Asset Management Inc. grew its holdings in Yum China by 2.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 324,977 shares of the company’s stock valued at $15,654,000 after purchasing an additional 8,542 shares during the last quarter. Scotia Capital Inc. bought a new position in Yum China during the 4th quarter valued at about $317,000. Townsquare Capital LLC grew its holdings in Yum China by 28.5% during the 4th quarter. Townsquare Capital LLC now owns 23,176 shares of the company’s stock valued at $1,116,000 after purchasing an additional 5,136 shares during the last quarter. Sagespring Wealth Partners LLC bought a new position in Yum China during the 4th quarter valued at about $329,000. Finally, Mariner LLC grew its stake in Yum China by 3.6% in the 4th quarter. Mariner LLC now owns 24,859 shares of the company’s stock worth $1,197,000 after acquiring an additional 874 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors.

Yum China Price Performance

Shares of YUMC stock opened at $44.74 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 1.11. The company has a market capitalization of $16.61 billion, a P/E ratio of 18.49, a P/E/G ratio of 1.68 and a beta of 0.27. The company’s 50-day simple moving average is $45.59 and its two-hundred day simple moving average is $46.51. Yum China has a one year low of $32.67 and a one year high of $53.99.

Yum China (NYSE:YUMC) last issued its earnings results on Tuesday, August 5th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. The business had revenue of $2.79 billion for 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 14.10%. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 EPS. As a group, equities analysts anticipate that Yum China will post 2.54 EPS for the current year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Tuesday, September 2nd. Yum China’s dividend payout ratio is currently 39.67%.

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.