Atria Wealth Solutions Inc. Buys New Shares in Yum China $YUMC

Atria Wealth Solutions Inc. bought a new stake in Yum China (NYSE:YUMC) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,925 shares of the company’s stock, valued at approximately $204,000.

Other hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in Yum China by 4,967.3% in the first quarter. GAMMA Investing LLC now owns 98,914 shares of the company’s stock valued at $5,149,000 after purchasing an additional 96,962 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Yum China by 35.6% in the 1st quarter. Principal Financial Group Inc. now owns 14,102,077 shares of the company’s stock valued at $734,150,000 after acquiring an additional 3,704,756 shares during the period. AXA S.A. grew its position in shares of Yum China by 34.4% in the 4th quarter. AXA S.A. now owns 31,286 shares of the company’s stock valued at $1,507,000 after acquiring an additional 8,016 shares during the period. Sarasin & Partners LLP bought a new position in shares of Yum China in the 1st quarter valued at about $2,863,000. Finally, Summit Trail Advisors LLC grew its position in shares of Yum China by 255.9% in the 1st quarter. Summit Trail Advisors LLC now owns 45,540 shares of the company’s stock valued at $2,371,000 after acquiring an additional 32,745 shares during the period. Institutional investors own 85.58% of the company’s stock.

Yum China Stock Performance

Shares of YUMC opened at $44.75 on Monday. The firm has a 50-day moving average of $45.72 and a 200-day moving average of $46.49. Yum China has a one year low of $32.85 and a one year high of $53.99. The company has a market cap of $16.50 billion, a PE ratio of 18.49, a price-to-earnings-growth ratio of 1.69 and a beta of 0.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.39 and a quick ratio of 1.22.

Yum China (NYSE:YUMC) last posted its earnings results 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 during 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 14.13%. Yum China’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 EPS. As a group, equities analysts forecast that Yum China will post 2.54 earnings per share for the current year.

Yum China Announces Dividend

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