SG Americas Securities LLC Increases Stock Position in Yum China $YUMC

SG Americas Securities LLC raised its stake in shares of Yum China (NYSE:YUMC) by 27.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 108,786 shares of the company’s stock after purchasing an additional 23,286 shares during the quarter. SG Americas Securities LLC’s holdings in Yum China were worth $4,864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in shares of Yum China by 29.7% during the 1st quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company’s stock valued at $1,248,709,000 after buying an additional 5,485,735 shares in the last quarter. Carrhae Capital LLP bought a new position in Yum China in the second quarter valued at $48,868,000. DekaBank Deutsche Girozentrale raised its position in Yum China by 355.1% during the second quarter. DekaBank Deutsche Girozentrale now owns 1,001,107 shares of the company’s stock valued at $45,280,000 after purchasing an additional 781,117 shares in the last quarter. Nuveen LLC bought a new stake in Yum China during the first quarter worth about $40,023,000. Finally, Driehaus Capital Management LLC boosted its holdings in shares of Yum China by 53.5% in the 1st quarter. Driehaus Capital Management LLC now owns 2,120,086 shares of the company’s stock worth $110,372,000 after purchasing an additional 739,060 shares in the last quarter. Institutional investors own 85.58% of the company’s stock.

Yum China Stock Performance

Yum China stock opened at $46.38 on Tuesday. The firm has a fifty day simple moving average of $43.96 and a two-hundred day simple moving average of $44.67. The company has a quick ratio of 1.22, a current ratio of 1.39 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. The company has a market capitalization of $16.76 billion, a PE ratio of 19.17, a P/E/G ratio of 1.63 and a beta of 0.18.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. Yum China had a return on equity of 14.13% and a net margin of 8.04%.The firm had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the previous year, the business earned $0.77 earnings per share. The company’s quarterly revenue was up 4.4% on a year-over-year basis. Research analysts expect that Yum China will post 2.54 EPS for the current year.

Yum China Announces Dividend

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

Wall Street Analysts Forecast Growth

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

About Yum China

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.