Stratos Wealth Partners LTD. Has $327,000 Holdings in Yum China (NYSE:YUMC)

Stratos Wealth Partners LTD. lowered its holdings in shares of Yum China (NYSE:YUMC) by 7.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 6,284 shares of the company’s stock after selling 493 shares during the period. Stratos Wealth Partners LTD.’s holdings in Yum China were worth $327,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its holdings in Yum China by 58.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 878 shares of the company’s stock worth $42,000 after acquiring an additional 324 shares during the period. Avantax Advisory Services Inc. purchased a new position in Yum China in the fourth quarter worth $231,000. Commonwealth Equity Services LLC raised its stake in shares of Yum China by 0.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 74,363 shares of the company’s stock valued at $3,582,000 after acquiring an additional 404 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in Yum China by 6.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 19,404 shares of the company’s stock worth $935,000 after buying an additional 1,148 shares during the period. Finally, Signaturefd LLC increased its stake in shares of Yum China by 32.7% during the fourth quarter. Signaturefd LLC now owns 1,825 shares of the company’s stock valued at $88,000 after purchasing an additional 450 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Stock Down 1.0%

Shares of Yum China stock opened at $47.00 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.26. Yum China has a one year low of $28.50 and a one year high of $53.99. The company has a market cap of $17.45 billion, a P/E ratio of 19.66, a PEG ratio of 1.80 and a beta of 0.28. The firm has a fifty day moving average of $44.59 and a two-hundred day moving average of $46.27.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). Yum China had a net margin of 8.09% and a return on equity of 14.08%. The business had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $3.13 billion. During the same quarter in the previous year, the business posted $0.71 EPS. The company’s quarterly revenue was up .8% on a year-over-year basis. On average, analysts forecast that Yum China will post 2.54 earnings per share for the current year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, May 28th were paid a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a $0.96 dividend on an annualized basis and a yield of 2.04%. Yum China’s dividend payout ratio is currently 40.17%.

Wall Street Analyst Weigh In

Separately, Daiwa America upgraded shares of Yum China to a “strong-buy” rating in a report on Wednesday, April 9th. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $48.70.

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 to sell products; and offers online food deliver services.