PBCay One RSC Ltd Purchases Shares of 1,010,859 Yum China Holdings, Inc. (NYSE:YUMC)

PBCay One RSC Ltd purchased a new stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,010,859 shares of the company’s stock, valued at approximately $42,891,000. Yum China accounts for about 9.4% of PBCay One RSC Ltd’s portfolio, making the stock its 4th biggest position. PBCay One RSC Ltd owned approximately 0.25% of Yum China as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Johnson Financial Group Inc. increased its holdings in shares of Yum China by 3,107.1% in the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock worth $38,000 after purchasing an additional 870 shares during the last quarter. Anchor Investment Management LLC bought a new stake in shares of Yum China in the fourth quarter worth about $40,000. BOCHK Asset Management Ltd bought a new stake in shares of Yum China in the fourth quarter worth about $42,000. Wetzel Investment Advisors Inc. bought a new stake in shares of Yum China in the fourth quarter worth about $48,000. Finally, Scarborough Advisors LLC purchased a new position in Yum China in the fourth quarter worth about $56,000. 85.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Yum China Trading Down 2.4 %

YUMC opened at $33.91 on Monday. Yum China Holdings, Inc. has a 12 month low of $33.55 and a 12 month high of $61.99. The stock has a 50-day moving average of $37.11 and a 200 day moving average of $38.92. The firm has a market cap of $13.21 billion, a P/E ratio of 17.04, a P/E/G ratio of 1.60 and a beta of 0.39. The company has a current ratio of 1.39, a quick ratio of 1.24 and a debt-to-equity ratio of 0.28.

Yum China (NYSE:YUMC) last announced its 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. Yum China had a return on equity of 11.90% and a net margin of 7.49%. The business had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the previous year, the business earned $0.69 earnings per share. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. As a group, research analysts forecast that Yum China Holdings, Inc. will post 2.18 EPS for the current year.

Yum China Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 28th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Friday, May 24th. This represents a $0.64 annualized dividend and a dividend yield of 1.89%. Yum China’s dividend payout ratio (DPR) is presently 32.16%.

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.