Yum China $YUMC Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. cut its stake in Yum China (NYSE:YUMC) by 5.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,357,309 shares of the company’s stock after selling 77,789 shares during the period. Vontobel Holding Ltd.’s holdings in Yum China were worth $60,685,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of YUMC. MassMutual Private Wealth & Trust FSB raised its stake in shares of Yum China by 26.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,052 shares of the company’s stock valued at $47,000 after purchasing an additional 222 shares during the period. Okabena Investment Services Inc. raised its stake in shares of Yum China by 0.5% during the first quarter. Okabena Investment Services Inc. now owns 50,003 shares of the company’s stock valued at $2,603,000 after purchasing an additional 226 shares during the period. Focus Partners Advisor Solutions LLC raised its stake in shares of Yum China by 5.0% during the first quarter. Focus Partners Advisor Solutions LLC now owns 5,555 shares of the company’s stock valued at $289,000 after purchasing an additional 263 shares during the period. ST Germain D J Co. Inc. raised its stake in shares of Yum China by 12.3% during the second quarter. ST Germain D J Co. Inc. now owns 2,555 shares of the company’s stock valued at $114,000 after purchasing an additional 280 shares during the period. Finally, Capital Investment Advisors LLC grew its position in shares of Yum China by 4.5% during the second quarter. Capital Investment Advisors LLC now owns 6,528 shares of the company’s stock worth $292,000 after buying an additional 281 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Yum China in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $60.00.

Yum China Stock Down 0.4%

YUMC stock opened at $42.39 on Thursday. The company has a market capitalization of $15.42 billion, a P/E ratio of 17.52, a PEG ratio of 1.59 and a beta of 0.18. The firm has a 50 day simple moving average of $44.35 and a 200-day simple moving average of $45.22. The company has a current ratio of 1.39, a quick ratio of 1.22 and a debt-to-equity ratio of 0.01. Yum China has a twelve month low of $41.00 and a twelve month high of $53.99.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The firm’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.55 earnings per share. On average, equities research analysts predict that Yum China will post 2.54 earnings per share for the current fiscal year.

Yum China Announces Dividend

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

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.