Walleye Capital LLC Raises Stock Position in Yum China Holdings, Inc. (NYSE:YUMC)

Walleye Capital LLC lifted its stake in shares of Yum China Holdings, Inc. (NYSE:YUMCGet Rating) by 123.4% during the first quarter, HoldingsChannel.com reports. The fund owned 18,926 shares of the company’s stock after buying an additional 10,455 shares during the quarter. Walleye Capital LLC’s holdings in Yum China were worth $786,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Norges Bank bought a new position in shares of Yum China during the fourth quarter valued at approximately $207,251,000. Mondrian Investment Partners LTD boosted its stake in shares of Yum China by 10,461.2% during the first quarter. Mondrian Investment Partners LTD now owns 1,868,910 shares of the company’s stock valued at $154,884,000 after purchasing an additional 1,851,214 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Yum China by 5.7% during the first quarter. Massachusetts Financial Services Co. MA now owns 17,710,026 shares of the company’s stock valued at $735,674,000 after purchasing an additional 955,868 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Yum China by 21.8% during the first quarter. Bank of New York Mellon Corp now owns 5,154,400 shares of the company’s stock valued at $214,115,000 after purchasing an additional 922,123 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in shares of Yum China by 239.3% during the fourth quarter. Millennium Management LLC now owns 1,264,986 shares of the company’s stock valued at $63,032,000 after purchasing an additional 892,194 shares in the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Yum China Price Performance

NYSE YUMC opened at $49.89 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.96 and a current ratio of 2.13. The firm’s 50 day moving average price is $48.12 and its 200-day moving average price is $44.68. Yum China Holdings, Inc. has a 52-week low of $33.55 and a 52-week high of $61.29. The company has a market cap of $20.93 billion, a PE ratio of 28.19, a P/E/G ratio of 9.98 and a beta of 0.54.

Yum China (NYSE:YUMCGet Rating) last announced its earnings results on Thursday, July 28th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.22. The company had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.12 billion. Yum China had a net margin of 7.90% and a return on equity of 3.94%. Sell-side analysts forecast that Yum China Holdings, Inc. will post 0.9 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Thursday, August 25th were paid a $0.12 dividend. The ex-dividend date was Wednesday, August 24th. This represents a $0.48 annualized dividend and a yield of 0.96%. Yum China’s dividend payout ratio (DPR) is 27.12%.

Yum China Profile

(Get Rating)

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, and East Dawning brands, which specialize in chicken, pizza, hot pot cooking, simmer pot, Italian coffee, specialty coffee, Mexican-style food, and Chinese food categories.

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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