Canada Pension Plan Investment Board Purchases 286,307 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Canada Pension Plan Investment Board raised its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 40.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 987,725 shares of the company’s stock after acquiring an additional 286,307 shares during the quarter. Canada Pension Plan Investment Board owned approximately 0.25% of Yum China worth $39,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Toronto Dominion Bank lifted its stake in shares of Yum China by 35.9% during the 1st quarter. Toronto Dominion Bank now owns 31,817 shares of the company’s stock valued at $1,266,000 after buying an additional 8,406 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in Yum China in the 1st quarter worth $381,000. CreativeOne Wealth LLC purchased a new stake in Yum China in the 1st quarter worth $312,000. EntryPoint Capital LLC purchased a new stake in Yum China in the 1st quarter worth $79,000. Finally, MQS Management LLC purchased a new stake in Yum China in the 1st quarter worth $203,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Yum China Stock Performance

Yum China stock opened at $30.01 on Friday. The company has a market cap of $11.69 billion, a PE ratio of 15.08, a price-to-earnings-growth ratio of 1.27 and a beta of 0.33. Yum China Holdings, Inc. has a twelve month low of $29.02 and a twelve month high of $61.99. The company’s 50-day moving average price is $32.97 and its 200-day moving average price is $36.84. The company has a quick ratio of 1.24, a current ratio of 1.39 and a debt-to-equity ratio of 0.28.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Monday, April 29th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.06. Yum China had a net margin of 7.49% and a return on equity of 11.90%. The company had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the previous year, the company earned $0.69 EPS. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. On average, equities research analysts forecast that Yum China Holdings, Inc. will post 2.16 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Investors of record on Tuesday, May 28th were given a dividend of $0.16 per share. The ex-dividend date was Friday, May 24th. This represents a $0.64 dividend on an annualized basis and a yield of 2.13%. Yum China’s payout ratio is 32.16%.

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.