Quantbot Technologies LP Sells 77,122 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Quantbot Technologies LP decreased its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 56.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,555 shares of the company’s stock after selling 77,122 shares during the period. Quantbot Technologies LP’s holdings in Yum China were worth $2,330,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in YUMC. Intech Investment Management LLC increased its position in Yum China by 1.8% during the 4th quarter. Intech Investment Management LLC now owns 14,785 shares of the company’s stock valued at $627,000 after buying an additional 268 shares in the last quarter. Carmichael Hill & Associates Inc. raised its position in shares of Yum China by 10.1% in the 4th quarter. Carmichael Hill & Associates Inc. now owns 3,278 shares of the company’s stock worth $139,000 after purchasing an additional 300 shares during the last quarter. Ieq Capital LLC boosted its stake in Yum China by 7.7% in the 4th quarter. Ieq Capital LLC now owns 5,079 shares of the company’s stock worth $215,000 after purchasing an additional 362 shares in the last quarter. Wetzel Investment Advisors Inc. boosted its stake in Yum China by 37.7% in the 1st quarter. Wetzel Investment Advisors Inc. now owns 1,567 shares of the company’s stock worth $58,000 after purchasing an additional 429 shares in the last quarter. Finally, Alta Capital Management LLC increased its stake in Yum China by 7.5% during the 4th quarter. Alta Capital Management LLC now owns 6,204 shares of the company’s stock valued at $263,000 after purchasing an additional 431 shares in the last quarter. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Yum China Stock Performance

NYSE YUMC traded up $0.37 during trading hours on Friday, hitting $32.12. The company’s stock had a trading volume of 1,713,573 shares, compared to its average volume of 3,151,193. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.24. The company has a market cap of $12.52 billion, a P/E ratio of 16.14, a price-to-earnings-growth ratio of 1.17 and a beta of 0.33. The company’s 50 day simple moving average is $34.56 and its two-hundred day simple moving average is $37.65. Yum China Holdings, Inc. has a 12 month low of $30.27 and a 12 month high of $61.99.

Yum China (NYSE:YUMC) last announced its 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 business had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same period in the previous year, the business earned $0.69 EPS. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. As a group, sell-side analysts expect that Yum China Holdings, Inc. will post 2.16 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 28th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.99%. The ex-dividend date of this dividend was Friday, May 24th. Yum China’s dividend payout ratio is presently 32.16%.

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.