Universal Beteiligungs und Servicegesellschaft mbH cut its position in Yum China (NYSE:YUMC – Free Report) by 2.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 923,495 shares of the company’s stock after selling 27,071 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.25% of Yum China worth $41,289,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the company. Bell Investment Advisors Inc raised its position in Yum China by 95.6% during the second quarter. Bell Investment Advisors Inc now owns 665 shares of the company’s stock valued at $30,000 after purchasing an additional 325 shares in the last quarter. SouthState Corp boosted its holdings in shares of Yum China by 4,915.4% in the 1st quarter. SouthState Corp now owns 652 shares of the company’s stock valued at $34,000 after purchasing an additional 639 shares in the last quarter. Marshall & Sullivan Inc. WA bought a new position in shares of Yum China in the 2nd quarter valued at $36,000. Cheviot Value Management LLC bought a new position in shares of Yum China in the 1st quarter valued at $42,000. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Yum China during the 2nd quarter worth $45,000. Institutional investors and hedge funds own 85.58% of the company’s stock.
Yum China Stock Up 0.5%
Shares of NYSE:YUMC opened at $46.38 on Tuesday. Yum China has a 52-week low of $41.00 and a 52-week high of $53.99. The company has a market capitalization of $16.76 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 1.63 and a beta of 0.18. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.22 and a current ratio of 1.39. The company has a fifty day moving average of $43.96 and a 200-day moving average of $44.67.
Yum China Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd will be paid a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $0.96 annualized dividend and a dividend yield of 2.1%. Yum China’s dividend payout ratio is currently 39.83%.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Yum China in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.
Get Our Latest Stock Report on YUMC
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.
See Also
- Five stocks we like better than Yum China
- What is the Euro STOXX 50 Index?
- Seagate Stock Could Soar as AI Drives Storage Demand
- 3 Warren Buffett Stocks to Buy Now
- Whirlpool’s Worst May Be Over—Upside Opportunity Ahead
- Transportation Stocks Investing
- These 3 Beaten-Down Stocks Could Be Your Best Buying Opportunity This Quarter
Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.
