LPL Financial LLC Purchases 3,761 Shares of Yum China (NYSE:YUMC)

LPL Financial LLC raised its position in shares of Yum China (NYSE:YUMC) by 3.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 122,814 shares of the company’s stock after acquiring an additional 3,761 shares during the quarter. LPL Financial LLC’s holdings in Yum China were worth $6,394,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ boosted its position in shares of Yum China by 2.2% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 75,385 shares of the company’s stock worth $3,925,000 after purchasing an additional 1,600 shares in the last quarter. Assetmark Inc. boosted its position in shares of Yum China by 11.1% during the 1st quarter. Assetmark Inc. now owns 195,421 shares of the company’s stock worth $10,174,000 after purchasing an additional 19,477 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Yum China by 3.5% during the 1st quarter. Cetera Investment Advisers now owns 24,127 shares of the company’s stock worth $1,256,000 after purchasing an additional 811 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of Yum China by 16.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 5,566 shares of the company’s stock worth $290,000 after purchasing an additional 770 shares in the last quarter. Finally, KLP Kapitalforvaltning AS boosted its position in shares of Yum China by 0.9% during the 1st quarter. KLP Kapitalforvaltning AS now owns 122,300 shares of the company’s stock worth $6,367,000 after purchasing an additional 1,100 shares in the last quarter. Institutional investors own 85.58% of the company’s stock.

Yum China Price Performance

YUMC stock opened at $44.44 on Tuesday. The stock has a market capitalization of $16.50 billion, a PE ratio of 18.36, a price-to-earnings-growth ratio of 1.68 and a beta of 0.27. The company’s 50-day moving average is $45.57 and its 200-day moving average is $46.52. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 1.11. Yum China has a 1 year low of $32.67 and a 1 year high of $53.99.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. The company had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.10%. The business’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 EPS. Equities research analysts expect that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Tuesday, September 2nd will be given a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.96 annualized dividend and a yield of 2.2%. Yum China’s dividend payout ratio (DPR) is presently 39.67%.

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.