Yum China (NYSE:YUMC) Stock Price Down 2.5%

Yum China Holdings, Inc. (NYSE:YUMC)’s share price dropped 2.5% during mid-day trading on Monday . The stock traded as low as $37.32 and last traded at $37.46. Approximately 333,680 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 3,472,927 shares. The stock had previously closed at $38.41.

Wall Street Analysts Forecast Growth

Separately, HSBC dropped their price target on shares of 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 investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.65.

Yum China Stock Performance

The stock has a market capitalization of $14.78 billion, a PE ratio of 19.30, a price-to-earnings-growth ratio of 1.81 and a beta of 0.46. The business’s fifty day moving average is $39.64 and its two-hundred day moving average is $41.16. The company has a quick ratio of 1.24, a current ratio of 1.42 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last announced its quarterly earnings results on Monday, April 29th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.06. Yum China had a net margin of 7.49% and a return on equity of 11.65%. The firm had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter last year, the firm earned $0.69 EPS. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. As a group, research analysts anticipate that Yum China Holdings, Inc. will post 2.19 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Investors of record on Tuesday, May 28th will be issued a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, May 28th. This represents a $0.64 annualized dividend and a yield of 1.70%. Yum China’s payout ratio is presently 32.16%.

Institutional Trading of Yum China

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in YUMC. Mather Group LLC. bought a new position in Yum China in the first quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Yum China during the third quarter worth $27,000. NBC Securities Inc. acquired a new stake in Yum China during the third quarter valued at $29,000. Johnson Financial Group Inc. increased its holdings in Yum China by 3,107.1% in the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock valued at $38,000 after buying an additional 870 shares in the last quarter. Finally, Anchor Investment Management LLC acquired a new position in shares of Yum China in the fourth quarter worth about $40,000. 85.58% of the stock is owned by hedge funds and other institutional investors.

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.