Sequoia Financial Advisors LLC Buys 5,014 Shares of Yum China $YUMC

Sequoia Financial Advisors LLC boosted its holdings in shares of Yum China (NYSE:YUMC) by 35.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 19,324 shares of the company’s stock after acquiring an additional 5,014 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Yum China were worth $864,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in Yum China by 29.7% during the first 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 during the period. Northern Trust Corp increased its holdings in Yum China by 9.0% during the first quarter. Northern Trust Corp now owns 2,076,822 shares of the company’s stock valued at $108,119,000 after buying an additional 171,643 shares during the period. US Bancorp DE increased its holdings in Yum China by 21.7% during the second quarter. US Bancorp DE now owns 32,088 shares of the company’s stock valued at $1,435,000 after buying an additional 5,723 shares during the period. Principal Financial Group Inc. increased its holdings in Yum China by 35.6% during the first quarter. Principal Financial Group Inc. now owns 14,102,077 shares of the company’s stock valued at $734,150,000 after buying an additional 3,704,756 shares during the period. Finally, Soros Capital Management LLC purchased a new position in Yum China during the first quarter valued at approximately $14,681,000. 85.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Yum China in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $60.00.

Yum China Price Performance

NYSE YUMC opened at $43.77 on Friday. The firm’s fifty day simple moving average is $44.03 and its two-hundred day simple moving average is $44.73. The company has a current ratio of 1.39, a quick ratio of 1.22 and a debt-to-equity ratio of 0.01. Yum China has a 12-month low of $41.00 and a 12-month high of $53.99. The firm has a market capitalization of $15.92 billion, a P/E ratio of 18.08, a P/E/G ratio of 1.63 and a beta of 0.18.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.01. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.80 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.55 earnings per share. Analysts forecast that Yum China will post 2.54 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.2%. Yum China’s payout ratio is 39.67%.

Yum China 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.