AMF Tjanstepension AB Raises Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

AMF Tjanstepension AB grew its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 8.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 216,042 shares of the company’s stock after purchasing an additional 16,738 shares during the period. AMF Tjanstepension AB owned about 0.06% of Yum China worth $8,599,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of YUMC. Norges Bank purchased a new stake in Yum China during the fourth quarter worth about $265,777,000. Dodge & Cox increased its stake in Yum China by 23,769.2% during the fourth quarter. Dodge & Cox now owns 3,165,531 shares of the company’s stock worth $134,313,000 after purchasing an additional 3,152,269 shares during the period. PBCay One RSC Ltd purchased a new stake in Yum China during the fourth quarter worth about $42,891,000. Schroder Investment Management Group increased its stake in shares of Yum China by 23.3% during the third quarter. Schroder Investment Management Group now owns 4,847,238 shares of the company’s stock worth $270,088,000 after buying an additional 916,418 shares during the period. Finally, FIL Ltd increased its stake in shares of Yum China by 8.3% during the fourth quarter. FIL Ltd now owns 7,584,264 shares of the company’s stock worth $322,139,000 after buying an additional 582,792 shares during the period. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Yum China Price Performance

YUMC stock opened at $30.84 on Friday. The company has a market capitalization of $12.02 billion, a P/E ratio of 15.50, a PEG ratio of 1.20 and a beta of 0.39. Yum China Holdings, Inc. has a twelve month low of $30.76 and a twelve month high of $61.99. The business has a 50 day simple moving average of $35.99 and a 200-day simple moving average of $38.32. 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 released its quarterly earnings results on Monday, April 29th. The company reported $0.71 EPS for the quarter, topping 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 analysts’ expectations of $3.05 billion. During the same quarter in the prior year, the business earned $0.69 earnings per share. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. As a group, equities analysts anticipate that Yum China Holdings, Inc. will post 2.18 EPS for the current year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 18th. Stockholders of record on Tuesday, May 28th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend was Friday, May 24th. Yum China’s dividend payout ratio (DPR) is presently 32.16%.

Analysts Set New Price Targets

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

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.