Blair William & Co. IL Sells 4,079 Shares of Yum China $YUMC

Blair William & Co. IL lessened its stake in shares of Yum China (NYSE:YUMC) by 16.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,327 shares of the company’s stock after selling 4,079 shares during the period. Blair William & Co. IL’s holdings in Yum China were worth $954,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. US Bancorp DE increased its stake in Yum China by 21.7% during the 2nd quarter. US Bancorp DE now owns 32,088 shares of the company’s stock worth $1,435,000 after acquiring an additional 5,723 shares during the period. SteelPeak Wealth LLC bought a new position in Yum China during the 2nd quarter worth $2,435,000. OLD National Bancorp IN bought a new position in Yum China during the 2nd quarter worth $249,000. Stock Yards Bank & Trust Co. increased its stake in Yum China by 3.6% during the 2nd quarter. Stock Yards Bank & Trust Co. now owns 8,937 shares of the company’s stock worth $400,000 after acquiring an additional 309 shares during the period. Finally, Ascent Group LLC increased its stake in Yum China by 26.6% during the 2nd quarter. Ascent Group LLC now owns 6,200 shares of the company’s stock worth $277,000 after acquiring an additional 1,301 shares during the period. Institutional investors own 85.58% of the company’s stock.

Yum China Trading Down 1.8%

Shares of YUMC opened at $43.24 on Friday. Yum China has a 52-week low of $41.00 and a 52-week high of $53.99. The business’s fifty day moving average is $44.04 and its 200-day moving average is $44.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.22 and a current ratio of 1.39. The firm has a market cap of $15.73 billion, a price-to-earnings ratio of 17.87, a PEG ratio of 1.64 and a beta of 0.18.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.01. Yum China had a return on equity of 14.13% and a net margin of 8.04%.The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter last year, the company posted $0.55 EPS. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. Equities analysts anticipate that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Tuesday, September 2nd were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $0.96 annualized dividend and a dividend yield of 2.2%. Yum China’s dividend payout ratio (DPR) is 39.67%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Yum China in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $60.00.

Yum China Company 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.