Aberdeen Group plc Has $5.19 Million Position in Yum China $YUMC

Aberdeen Group plc boosted its holdings in Yum China (NYSE:YUMCFree Report) by 12.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 116,828 shares of the company’s stock after acquiring an additional 13,088 shares during the quarter. Aberdeen Group plc’s holdings in Yum China were worth $5,187,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Hughes Financial Services LLC acquired a new position in Yum China in the first quarter valued at approximately $29,000. SouthState Corp lifted its holdings in Yum China by 4,915.4% in the first quarter. SouthState Corp now owns 652 shares of the company’s stock valued at $34,000 after buying an additional 639 shares during the period. Goodman Advisory Group LLC acquired a new position in Yum China in the first quarter valued at approximately $41,000. Cheviot Value Management LLC acquired a new position in Yum China in the first quarter valued at approximately $42,000. Finally, Marshall & Sullivan Inc. WA acquired a new position in Yum China in the second quarter valued at approximately $36,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Stock Down 1.8%

Shares of NYSE: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 company has a debt-to-equity ratio of 0.01, a quick ratio of 1.22 and a current ratio of 1.39. The company has a market capitalization of $15.73 billion, a PE ratio of 17.87, a PEG ratio of 1.64 and a beta of 0.18. The company has a 50 day moving average price of $44.04 and a two-hundred day moving average price of $44.85.

Yum China (NYSE:YUMCGet Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the firm earned $0.55 earnings per share. The business’s quarterly revenue was up 4.0% on a year-over-year basis. Analysts forecast that Yum China will post 2.54 earnings per share for the current year.

Yum China Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 2nd were given 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 is currently 39.67%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a report on Wednesday, October 8th. One 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 stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $60.00.

View Our Latest Analysis on Yum China

About Yum China

(Free Report)

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.

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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