Yum China Holdings, Inc. (NYSE:YUMC) Given Consensus Recommendation of “Hold” by Brokerages

Yum China Holdings, Inc. (NYSE:YUMCGet Rating) has received a consensus recommendation of “Hold” from the five ratings firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $53.97.

A number of equities research analysts recently weighed in on the company. StockNews.com began coverage on Yum China in a research note on Thursday, March 31st. They set a “hold” rating for the company. Zacks Investment Research cut Yum China from a “hold” rating to a “strong sell” rating and set a $32.00 price target for the company. in a research note on Monday, May 16th.

Shares of NYSE YUMC opened at $42.15 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.05 and a quick ratio of 1.88. The stock has a market capitalization of $17.86 billion, a P/E ratio of 21.18, a price-to-earnings-growth ratio of 6.85 and a beta of 0.67. Yum China has a 1-year low of $33.55 and a 1-year high of $69.67. The business has a fifty day moving average price of $41.67 and a 200 day moving average price of $46.68.

Yum China (NYSE:YUMCGet Rating) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). The company had revenue of $2.67 billion for the quarter, compared to analysts’ expectations of $2.60 billion. Yum China had a return on equity of 5.38% and a net margin of 8.63%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 earnings per share. As a group, equities research analysts anticipate that Yum China will post 0.77 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 21st. Shareholders of record on Tuesday, May 31st will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Friday, May 27th. Yum China’s dividend payout ratio (DPR) is presently 24.12%.

Several hedge funds have recently made changes to their positions in YUMC. Norges Bank acquired a new position in shares of Yum China in the fourth quarter valued at about $207,251,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Yum China in the fourth quarter valued at about $203,958,000. Schroder Investment Management Group increased its holdings in shares of Yum China by 20.9% in the fourth quarter. Schroder Investment Management Group now owns 15,105,830 shares of the company’s stock valued at $2,411,100,000 after purchasing an additional 2,608,921 shares during the period. Mondrian Investment Partners LTD increased its holdings in shares of Yum China by 10,461.2% in the first quarter. Mondrian Investment Partners LTD now owns 1,868,910 shares of the company’s stock valued at $154,884,000 after purchasing an additional 1,851,214 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Yum China by 4.2% in the third quarter. Invesco Ltd. now owns 40,272,509 shares of the company’s stock valued at $2,340,237,000 after purchasing an additional 1,619,925 shares during the period. 80.30% of the stock is currently owned by institutional investors and hedge funds.

About Yum China (Get Rating)

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, and East Dawning brands, which specialize in chicken, pizza, hot pot cooking, simmer pot, Italian coffee, specialty coffee, Mexican-style food, and Chinese food categories.

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