Yum China’s (YUMC) Hold (C) Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their hold (c) rating on shares of Yum China (NYSE:YUMC) in a research note published on Friday morning,Weiss Ratings reports.

Yum China Price Performance

Shares of NYSE:YUMC opened at $44.78 on Friday. 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 business’s fifty day moving average price is $44.05 and its two-hundred day moving average price is $44.66. The stock has a market cap 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.

Yum China (NYSE:YUMC) last issued its quarterly earnings data 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. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.80 billion. Yum China had a return on equity of 14.13% and a net margin of 8.04%.The business’s revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.55 earnings per share. On average, analysts forecast that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

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. This represents a $0.96 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 2nd. Yum China’s dividend payout ratio (DPR) is presently 39.67%.

Institutional Investors Weigh In On Yum China

A number of institutional investors have recently bought and sold shares of the stock. Hughes Financial Services LLC acquired a new position in shares of Yum China in the 1st quarter valued at $29,000. Bell Investment Advisors Inc grew its position in Yum China by 95.6% during the second quarter. Bell Investment Advisors Inc now owns 665 shares of the company’s stock valued at $30,000 after acquiring an additional 325 shares during the period. SouthState Corp increased its stake in Yum China by 4,915.4% during the first quarter. SouthState Corp now owns 652 shares of the company’s stock worth $34,000 after acquiring an additional 639 shares during the last quarter. Marshall & Sullivan Inc. WA purchased a new position in shares of Yum China in the 2nd quarter worth about $36,000. Finally, Goodman Advisory Group LLC acquired a new position in shares of Yum China in the 1st quarter valued at about $41,000. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

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.