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

Motley Fool Wealth Management LLC lessened its position in shares of Yum China (NYSE:YUMC) by 14.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 131,317 shares of the company’s stock after selling 22,360 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Yum China were worth $5,871,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake 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 acquiring an additional 5,485,735 shares during the period. Vanguard Group Inc. lifted its stake in shares of Yum China by 1.3% during the first quarter. Vanguard Group Inc. now owns 15,244,094 shares of the company’s stock valued at $796,723,000 after acquiring an additional 200,938 shares during the period. Principal Financial Group Inc. lifted its stake 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 acquiring an additional 3,704,756 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in shares of Yum China by 1.4% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,185,305 shares of the company’s stock valued at $217,887,000 after acquiring an additional 56,288 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Yum China by 2.9% during the first quarter. Bank of New York Mellon Corp now owns 3,836,703 shares of the company’s stock valued at $199,739,000 after acquiring an additional 109,154 shares during the period. Institutional investors and hedge funds own 85.58% of the company’s stock.

Analysts Set New Price Targets

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

Yum China Trading Down 0.6%

NYSE YUMC opened at $44.52 on Tuesday. The stock has a 50-day simple moving average of $44.05 and a 200 day simple moving average of $44.65. The company has a market capitalization of $16.20 billion, a PE 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. Yum China has a 12 month low of $41.00 and a 12 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, beating analysts’ consensus estimates of $0.57 by $0.01. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.80 billion. Yum China had a return on equity of 14.13% and a net margin of 8.04%.The firm’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.55 earnings per share. Research analysts forecast that Yum China will post 2.54 EPS for the current year.

Yum China Dividend Announcement

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

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.