Yum China $YUMC Shares Sold by Barings LLC

Barings LLC decreased its holdings in shares of Yum China (NYSE:YUMC) by 41.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 260,846 shares of the company’s stock after selling 187,123 shares during the period. Barings LLC owned about 0.07% of Yum China worth $11,662,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Bell Investment Advisors Inc grew its holdings in shares of 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 purchasing an additional 325 shares during the last quarter. SouthState Corp boosted its position in Yum China by 4,915.4% during the 1st quarter. SouthState Corp now owns 652 shares of the company’s stock valued at $34,000 after purchasing an additional 639 shares during the period. Marshall & Sullivan Inc. WA bought a new position in Yum China during the 2nd quarter worth $36,000. Cheviot Value Management LLC bought a new position in Yum China during the 1st quarter worth $42,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in Yum China in the second quarter worth $45,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Jeff Kuai sold 5,167 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $48.00, for a total value of $248,016.00. Following the sale, the insider owned 56,602 shares of the company’s stock, valued at approximately $2,716,896. The trade was a 8.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Yum China presently has a consensus rating of “Buy”.

Yum China Price Performance

Shares of YUMC opened at $48.00 on Friday. Yum China has a one year low of $41.00 and a one year high of $53.99. The stock’s fifty day moving average is $44.22 and its 200-day moving average is $44.78. 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 capitalization of $17.35 billion, a price-to-earnings ratio of 19.83, a price-to-earnings-growth ratio of 1.63 and a beta of 0.18.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The business had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same period last year, the firm posted $0.77 earnings per share. The business’s revenue was up 4.4% on a year-over-year basis. Equities analysts anticipate that Yum China will post 2.54 EPS for the current year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd will be given a dividend of $0.24 per share. The ex-dividend date is Tuesday, December 2nd. This represents a $0.96 annualized dividend and a dividend yield of 2.0%. Yum China’s dividend payout ratio (DPR) is 39.83%.

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.