Motley Fool Asset Management LLC Sells 4,030 Shares of Yum China $YUMC

Motley Fool Asset Management LLC lessened its position in Yum China (NYSE:YUMC) by 1.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 216,427 shares of the company’s stock after selling 4,030 shares during the period. Motley Fool Asset Management LLC owned about 0.06% of Yum China worth $9,676,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. AustralianSuper Pty Ltd bought a new position in Yum China during the second quarter valued at approximately $627,000. Y Intercept Hong Kong Ltd bought a new position in Yum China during the second quarter valued at approximately $3,749,000. MQS Management LLC bought a new position in Yum China during the second quarter valued at approximately $206,000. AlphaQuest LLC lifted its position in Yum China by 720.1% during the second quarter. AlphaQuest LLC now owns 27,563 shares of the company’s stock valued at $1,232,000 after purchasing an additional 24,202 shares during the period. Finally, DekaBank Deutsche Girozentrale lifted its position in Yum China by 355.1% during the second quarter. DekaBank Deutsche Girozentrale now owns 1,001,107 shares of the company’s stock valued at $45,280,000 after purchasing an additional 781,117 shares during the period. Institutional investors own 85.58% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $60.00.

Yum China Stock Down 0.6%

Shares of YUMC stock opened at $44.52 on Tuesday. Yum China has a 12 month low of $41.00 and a 12 month high of $53.99. The stock has a market cap of $16.20 billion, a P/E ratio of 18.40, a P/E/G ratio of 1.67 and a beta of 0.18. The company has a current ratio of 1.39, a quick ratio of 1.22 and a debt-to-equity ratio of 0.01. The company has a 50 day simple moving average of $44.05 and a two-hundred day simple moving average of $44.65.

Yum China (NYSE:YUMC) last announced its earnings results on Tuesday, August 5th. The company reported $0.58 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 business had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same period in the prior year, the company earned $0.55 earnings per share. The firm’s revenue was up 4.0% on a year-over-year basis. On average, research analysts expect that Yum China will post 2.54 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Tuesday, September 2nd. Yum China’s dividend payout ratio is currently 39.67%.

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.