Midwest Trust Co Invests $364,000 in Yum China $YUMC

Midwest Trust Co bought a new stake in shares of Yum China (NYSE:YUMC) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 8,151 shares of the company’s stock, valued at approximately $364,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in Yum China by 1.3% during the first quarter. Envestnet Asset Management Inc. now owns 329,198 shares of the company’s stock valued at $17,138,000 after purchasing an additional 4,221 shares in the last quarter. Cerity Partners LLC increased its stake in shares of Yum China by 8.9% during the first quarter. Cerity Partners LLC now owns 64,554 shares of the company’s stock worth $3,361,000 after purchasing an additional 5,274 shares in the last quarter. Stephens Inc. AR raised its position in shares of Yum China by 67.3% during the 1st quarter. Stephens Inc. AR now owns 16,834 shares of the company’s stock worth $876,000 after purchasing an additional 6,774 shares during the last quarter. CWM LLC lifted its stake in Yum China by 19.0% in the 1st quarter. CWM LLC now owns 8,634 shares of the company’s stock valued at $449,000 after buying an additional 1,376 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in Yum China by 1.4% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,185,305 shares of the company’s stock valued at $217,887,000 after buying an additional 56,288 shares in the last quarter. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Yum China Price Performance

Yum China stock opened at $46.31 on Thursday. The company has a fifty day simple moving average of $43.86 and a 200-day simple moving average of $44.65. The firm has a market capitalization of $16.85 billion, a price-to-earnings ratio of 19.14, a PEG ratio of 1.63 and a beta of 0.18. The company has a quick ratio of 1.22, a current ratio of 1.39 and a debt-to-equity ratio of 0.01. Yum China has a 52-week low of $41.00 and a 52-week high of $53.99.

Yum China (NYSE:YUMC) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The firm had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same period last year, the firm posted $0.77 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, equities analysts anticipate that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Tuesday, December 2nd. Yum China’s payout ratio is currently 39.83%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Yum China in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Yum China presently has an average rating of “Buy”.

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.