Yum China $YUMC Position Lessened by Ativo Capital Management LLC

Ativo Capital Management LLC lessened its holdings in shares of Yum China (NYSE:YUMC) by 17.4% during the second quarter, HoldingsChannel reports. The firm owned 103,020 shares of the company’s stock after selling 21,760 shares during the quarter. Yum China accounts for approximately 4.1% of Ativo Capital Management LLC’s investment portfolio, making the stock its 6th largest holding. Ativo Capital Management LLC’s holdings in Yum China were worth $4,606,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Hughes Financial Services LLC purchased a new position in shares of Yum China during the 1st quarter worth $29,000. SouthState Corp lifted its position 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 buying an additional 639 shares during the period. Marshall & Sullivan Inc. WA purchased a new position in Yum China during the second quarter worth about $36,000. CX Institutional purchased a new position in Yum China during the first quarter worth about $37,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Yum China during the 1st quarter worth about $41,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Yum China Trading Up 1.1%

Shares of YUMC opened at $43.10 on Tuesday. The stock’s fifty day simple moving average is $44.12 and its 200 day simple moving average is $44.93. The firm has a market capitalization of $15.68 billion, a P/E ratio of 17.81, a price-to-earnings-growth ratio of 1.60 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. Yum China has a twelve month low of $41.00 and a twelve month high of $53.99.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. Yum China had a return on equity of 14.13% and a net margin of 8.04%.The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same period last year, the business posted $0.55 EPS. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. On average, equities research analysts forecast 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. Stockholders of record on Tuesday, September 2nd were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, September 2nd. Yum China’s dividend payout ratio (DPR) is currently 39.67%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated 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 assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $60.00.

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.