Advisory Services Network LLC Invests $171,000 in Yum China Holdings, Inc. (NYSE:YUMC)

Advisory Services Network LLC purchased a new position in shares of Yum China Holdings, Inc. (NYSE:YUMCFree Report) during the 4th quarter, HoldingsChannel reports. The firm purchased 4,033 shares of the company’s stock, valued at approximately $171,000.

Several other hedge funds also recently modified their holdings of the business. US Bancorp DE increased its stake in shares of Yum China by 16.7% during the 4th quarter. US Bancorp DE now owns 39,528 shares of the company’s stock worth $1,677,000 after purchasing an additional 5,649 shares during the last quarter. Aigen Investment Management LP bought a new stake in shares of Yum China during the 4th quarter worth $1,051,000. Franklin Resources Inc. boosted its holdings in shares of Yum China by 9.9% during the 4th quarter. Franklin Resources Inc. now owns 1,391,432 shares of the company’s stock worth $59,102,000 after buying an additional 125,452 shares during the period. Assetmark Inc. boosted its holdings in shares of Yum China by 3.7% during the 4th quarter. Assetmark Inc. now owns 160,359 shares of the company’s stock worth $6,804,000 after buying an additional 5,674 shares during the period. Finally, Quest Partners LLC bought a new stake in shares of Yum China during the 4th quarter worth $94,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on Yum China

Yum China Price Performance

Shares of Yum China stock opened at $35.61 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.24. Yum China Holdings, Inc. has a fifty-two week low of $33.55 and a fifty-two week high of $61.99. The firm has a fifty day moving average price of $37.72 and a two-hundred day moving average price of $39.44. The company has a market cap of $13.87 billion, a PE ratio of 17.89, a price-to-earnings-growth ratio of 1.68 and a beta of 0.39.

Yum China (NYSE:YUMCGet Free Report) last issued its quarterly earnings results on Monday, April 29th. The company reported $0.71 earnings per share 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 11.90%. The firm had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the prior year, the firm earned $0.69 EPS. The business’s revenue was up 1.4% on a year-over-year basis. Analysts expect 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 will be paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 28th will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend is Friday, May 24th. Yum China’s dividend payout ratio (DPR) is presently 32.16%.

About Yum China

(Free Report)

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.

Further Reading

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

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