Stephens Inc. AR Sells 6,773 Shares of Yum China $YUMC

Stephens Inc. AR lessened its position in shares of Yum China (NYSE:YUMC) by 40.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,061 shares of the company’s stock after selling 6,773 shares during the period. Stephens Inc. AR’s holdings in Yum China were worth $450,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in Yum China by 29.7% during the 1st quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company’s stock worth $1,248,709,000 after acquiring an additional 5,485,735 shares during the period. Northern Trust Corp increased its holdings in Yum China by 9.0% during the 1st quarter. Northern Trust Corp now owns 2,076,822 shares of the company’s stock worth $108,119,000 after acquiring an additional 171,643 shares during the period. US Bancorp DE increased its holdings 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. Principal Financial Group Inc. increased its holdings in Yum China by 35.6% during the 1st quarter. Principal Financial Group Inc. now owns 14,102,077 shares of the company’s stock worth $734,150,000 after acquiring an additional 3,704,756 shares during the period. Finally, Soros Capital Management LLC bought a new stake in Yum China during the 1st quarter worth approximately $14,681,000. Institutional investors own 85.58% of the company’s stock.

Yum China Trading Down 1.6%

YUMC stock opened at $44.78 on Friday. The company has a market capitalization of $16.29 billion, a PE ratio of 18.50, a price-to-earnings-growth ratio of 1.67 and a beta of 0.18. Yum China has a one year low of $41.00 and a one year high of $53.99. The company’s 50 day moving average price is $44.05 and its two-hundred day moving average price is $44.67. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.22 and a current ratio of 1.39.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.01. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter in the prior year, the company earned $0.55 EPS. The firm’s revenue was up 4.0% on a year-over-year basis. As a group, analysts predict 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 was paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd were paid a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $0.96 annualized dividend and a yield of 2.1%. Yum China’s payout ratio is currently 39.67%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Yum China in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Yum China currently has a consensus rating of “Buy” and a consensus target price of $60.00.

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.