Ashton Thomas Securities LLC Decreases Position in Yum China $YUMC

Ashton Thomas Securities LLC reduced its stake in shares of Yum China (NYSE:YUMC) by 12.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,587 shares of the company’s stock after selling 669 shares during the quarter. Ashton Thomas Securities LLC’s holdings in Yum China were worth $205,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hughes Financial Services LLC acquired a new position in shares of Yum China during the first quarter worth $29,000. SouthState Corp increased its stake in Yum China by 4,915.4% during the 1st quarter. SouthState Corp now owns 652 shares of the company’s stock worth $34,000 after buying an additional 639 shares during the period. Marshall & Sullivan Inc. WA acquired a new position in Yum China in the 2nd quarter worth $36,000. CX Institutional purchased a new position in Yum China in the 1st quarter valued at about $37,000. Finally, Goodman Advisory Group LLC acquired a new stake in shares of Yum China during the first quarter valued at about $41,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Yum China in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $60.00.

Yum China Price Performance

Shares of YUMC stock opened at $42.32 on Friday. The firm has a fifty day moving average of $44.59 and a two-hundred day moving average of $45.43. The firm has a market cap of $15.60 billion, a P/E ratio of 17.49, a P/E/G ratio of 1.60 and a beta of 0.18. Yum China has a 1-year low of $41.00 and a 1-year high of $53.99. 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 (NYSE:YUMC) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. The business had revenue of $2.79 billion for 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%. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 earnings per share. As a group, research analysts anticipate that Yum China will post 2.54 earnings per share for the current fiscal year.

Yum China Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 2nd were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Tuesday, September 2nd. Yum China’s payout ratio is 39.67%.

Yum China 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.