Yum China’s (YUMC) Hold (C) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their hold (c) rating on shares of Yum China (NYSE:YUMC) in a report published on Wednesday morning,Weiss Ratings reports.

Yum China Stock Up 0.6%

Shares of NYSE YUMC opened at $42.68 on Wednesday. The company has a 50 day simple moving average of $44.19 and a 200-day simple moving average of $45.10. The company has a market capitalization of $15.53 billion, a P/E ratio of 17.63, a P/E/G ratio of 1.59 and a beta of 0.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.39 and a quick ratio of 1.22. Yum China has a 1 year low of $41.00 and a 1 year high of $53.99.

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. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter last year, the firm earned $0.55 EPS. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. On average, equities research analysts predict that Yum China will post 2.54 earnings per share for the current year.

Yum China Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, September 2nd. Yum China’s dividend payout ratio (DPR) is 39.67%.

Institutional Trading of Yum China

Several institutional investors have recently added to or reduced their stakes in the stock. Independence Bank of Kentucky increased its holdings in Yum China by 32.6% in the 3rd quarter. Independence Bank of Kentucky now owns 3,909 shares of the company’s stock valued at $168,000 after purchasing an additional 960 shares during the last quarter. Voya Investment Management LLC increased its holdings in Yum China by 34.9% in the 3rd quarter. Voya Investment Management LLC now owns 43,393 shares of the company’s stock valued at $1,902,000 after purchasing an additional 11,228 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in Yum China by 7.3% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 10,620 shares of the company’s stock valued at $456,000 after purchasing an additional 718 shares during the last quarter. Caldwell Trust Co acquired a new stake in Yum China in the 2nd quarter valued at approximately $56,000. Finally, Valeo Financial Advisors LLC increased its holdings in Yum China by 41.8% in the 2nd quarter. Valeo Financial Advisors LLC now owns 6,167 shares of the company’s stock valued at $276,000 after purchasing an additional 1,818 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

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.