Yum China (NYSE:YUMC) Shares Sold by XTX Topco Ltd

XTX Topco Ltd decreased its position in shares of Yum China (NYSE:YUMC) by 71.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,346 shares of the company’s stock after selling 11,132 shares during the period. XTX Topco Ltd’s holdings in Yum China were worth $226,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. GeoWealth Management LLC grew its holdings in Yum China by 689.6% during the fourth quarter. GeoWealth Management LLC now owns 529 shares of the company’s stock worth $25,000 after acquiring an additional 462 shares during the period. Hughes Financial Services LLC acquired a new stake in shares of Yum China in the first quarter worth approximately $29,000. CX Institutional acquired a new position in Yum China in the first quarter valued at $37,000. Goodman Advisory Group LLC acquired a new position in Yum China during the first quarter valued at approximately $41,000. Finally, Hollencrest Capital Management lifted its stake in shares of Yum China by 121.4% during the first quarter. Hollencrest Capital Management now owns 912 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Stock Performance

Shares of Yum China stock opened at $44.74 on Wednesday. The firm’s 50-day simple moving average is $45.59 and its 200-day simple moving average is $46.51. Yum China has a 1 year low of $32.67 and a 1 year high of $53.99. The firm has a market cap of $16.61 billion, a PE ratio of 18.49, a price-to-earnings-growth ratio of 1.68 and a beta of 0.27. 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 (NYSE:YUMC) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. Yum China had a net margin of 8.04% and a return on equity of 14.10%. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the prior year, the business earned $0.55 earnings per share. Yum China’s quarterly revenue was up 4.0% on a year-over-year basis. Equities analysts forecast that Yum China will post 2.54 earnings per share 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. Shareholders of record on Tuesday, September 2nd will be given a $0.24 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $0.96 annualized dividend and a yield of 2.1%. Yum China’s payout ratio is 39.67%.

About Yum China

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.