Seven Eight Capital LP Takes $1.78 Million Position in Yum China Holdings, Inc. (NYSE:YUMC)

Seven Eight Capital LP bought a new stake in Yum China Holdings, Inc. (NYSE:YUMCFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 41,975 shares of the company’s stock, valued at approximately $1,781,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GUARDCAP ASSET MANAGEMENT Ltd increased its position in shares of Yum China by 2.4% during the 4th quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 8,833,955 shares of the company’s stock worth $374,825,000 after purchasing an additional 208,264 shares during the last quarter. Royal Bank of Canada increased its position in shares of Yum China by 4.5% during the 3rd quarter. Royal Bank of Canada now owns 7,819,136 shares of the company’s stock worth $435,682,000 after purchasing an additional 337,033 shares during the last quarter. Norges Bank acquired a new position in shares of Yum China during the 4th quarter worth approximately $265,777,000. Schroder Investment Management Group increased its position in shares of Yum China by 23.3% during the 3rd quarter. Schroder Investment Management Group now owns 4,847,238 shares of the company’s stock worth $270,088,000 after purchasing an additional 916,418 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Yum China by 5.2% during the 4th quarter. Principal Financial Group Inc. now owns 3,965,911 shares of the company’s stock worth $168,381,000 after purchasing an additional 194,808 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Analyst Ratings Changes

Separately, HSBC lowered their price target on Yum China from $66.80 to $51.30 and set a “buy” rating on the stock in a research report on Wednesday, March 6th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.65.

Get Our Latest Stock Report on YUMC

Yum China Stock Performance

Shares of YUMC stock traded down $0.42 during trading on Friday, reaching $35.18. 1,730,854 shares of the company’s stock were exchanged, compared to its average volume of 2,716,502. The company has a quick ratio of 1.24, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $13.71 billion, a PE ratio of 17.68, a PEG ratio of 1.68 and a beta of 0.39. Yum China Holdings, Inc. has a twelve month low of $33.55 and a twelve month high of $61.99. The firm’s fifty day moving average price is $37.63 and its 200-day moving average price is $39.36.

Yum China (NYSE:YUMCGet Free Report) last released its quarterly earnings results on Monday, April 29th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.06. The business had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.05 billion. Yum China had a return on equity of 11.90% and a net margin of 7.49%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.69 EPS. As a group, sell-side analysts anticipate that Yum China Holdings, Inc. will post 2.18 EPS for the current year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Investors of record on Tuesday, May 28th will be paid a $0.16 dividend. The ex-dividend date is Friday, May 24th. This represents a $0.64 annualized dividend and a yield of 1.82%. Yum China’s dividend payout ratio (DPR) is presently 32.16%.

Yum China Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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