Motley Fool Asset Management LLC Trims Stake in Yum China $YUMC

Motley Fool Asset Management LLC cut its position in Yum China (NYSE:YUMC) by 1.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (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’s holdings in Yum China were worth $9,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. AustralianSuper Pty Ltd purchased a new stake in shares of Yum China in the second quarter worth $627,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Yum China in the second quarter worth $3,749,000. MQS Management LLC purchased a new stake in shares of Yum China in the second quarter worth $206,000. AlphaQuest LLC increased its stake in shares of Yum China by 720.1% in the second quarter. AlphaQuest LLC now owns 27,563 shares of the company’s stock worth $1,232,000 after purchasing an additional 24,202 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale increased its stake in shares of Yum China by 355.1% in the second quarter. DekaBank Deutsche Girozentrale now owns 1,001,107 shares of the company’s stock worth $45,280,000 after purchasing an additional 781,117 shares in the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Yum China in a research note on Wednesday, October 8th. One investment 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 stock. Based on data from MarketBeat.com, Yum China presently has a consensus rating of “Buy” and an average target price of $60.00.

Yum China Stock Performance

YUMC opened at $44.52 on Tuesday. The stock has a market capitalization of $16.20 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.67 and a beta of 0.18. The company has a fifty day moving average of $44.05 and a 200 day moving average of $44.65. Yum China has a fifty-two week low of $41.00 and a fifty-two 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.

Yum China (NYSE:YUMC) last posted its earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.01. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. Yum China’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the company posted $0.55 earnings per share. As a group, sell-side analysts forecast that Yum China will post 2.54 earnings per share for the current fiscal year.

Yum China Announces Dividend

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