Motley Fool Wealth Management LLC Sells 22,360 Shares of Yum China $YUMC

Motley Fool Wealth Management LLC cut its position in shares of Yum China (NYSE:YUMC) by 14.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 131,317 shares of the company’s stock after selling 22,360 shares during the period. Motley Fool Wealth Management LLC’s holdings in Yum China were worth $5,871,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of YUMC. JPMorgan Chase & Co. increased its position in shares of Yum China by 29.7% during the first quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company’s stock valued at $1,248,709,000 after purchasing an additional 5,485,735 shares during the period. Principal Financial Group Inc. increased its position in shares of Yum China by 35.6% during the first quarter. Principal Financial Group Inc. now owns 14,102,077 shares of the company’s stock valued at $734,150,000 after purchasing an additional 3,704,756 shares during the period. Vontobel Holding Ltd. increased its position in shares of Yum China by 416.7% during the first quarter. Vontobel Holding Ltd. now owns 1,435,098 shares of the company’s stock valued at $74,711,000 after purchasing an additional 1,157,340 shares during the period. DekaBank Deutsche Girozentrale increased its position in shares of 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. Finally, Nuveen LLC acquired a new stake in Yum China in the 1st quarter valued at $40,023,000. 85.58% of the stock is currently owned by institutional investors.

Yum China Price Performance

Shares of YUMC stock opened at $44.52 on Tuesday. The stock’s fifty day simple moving average is $44.05 and its 200 day simple moving average is $44.65. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.39 and a quick ratio of 1.22. The firm has a market cap of $16.20 billion, a price-to-earnings ratio of 18.40, a P/E/G 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 announced its earnings results on Tuesday, August 5th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. The company had revenue of $2.79 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.55 earnings per share. On average, analysts expect that Yum China will post 2.54 earnings per share for the current fiscal year.

Yum China Dividend Announcement

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

Wall Street Analyst Weigh In

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

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.