Savant Capital LLC Buys 4,466 Shares of Yum China $YUMC

Savant Capital LLC raised its stake in Yum China (NYSE:YUMC) by 45.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,276 shares of the company’s stock after buying an additional 4,466 shares during the period. Savant Capital LLC’s holdings in Yum China were worth $638,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Waverton Investment Management Ltd increased its holdings in Yum China by 7.9% in the second quarter. Waverton Investment Management Ltd now owns 4,312,378 shares of the company’s stock worth $192,785,000 after purchasing an additional 316,513 shares in the last quarter. Resona Asset Management Co. Ltd. increased its stake in shares of Yum China by 20.5% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 118,821 shares of the company’s stock valued at $5,312,000 after acquiring an additional 20,192 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Yum China during the 2nd quarter valued at $45,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in Yum China by 8.5% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 215,091 shares of the company’s stock worth $9,617,000 after acquiring an additional 16,894 shares in the last quarter. Finally, Huntington National Bank increased its stake in Yum China by 3.8% in the second quarter. Huntington National Bank now owns 9,880 shares of the company’s stock valued at $442,000 after purchasing an additional 360 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Yum China currently has an average rating of “Buy”.

Yum China Trading Down 0.3%

NYSE YUMC opened at $46.22 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.22 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $16.82 billion, a P/E ratio of 19.10, a PEG ratio of 1.63 and a beta of 0.18. The business has a fifty day simple moving average of $43.92 and a 200 day simple moving average of $44.65. Yum China has a 12 month low of $41.00 and a 12 month high of $53.99.

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

Yum China Announces Dividend

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

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.