Yum China Holdings, Inc. (NYSE:YUMC) Shares Acquired by AMF Tjanstepension AB

AMF Tjanstepension AB boosted its stake in Yum China Holdings, Inc. (NYSE:YUMC) by 8.4% during the 1st quarter, HoldingsChannel reports. The fund owned 216,042 shares of the company’s stock after buying an additional 16,738 shares during the period. AMF Tjanstepension AB’s holdings in Yum China were worth $8,599,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in YUMC. Mather Group LLC. acquired a new stake in shares of Yum China in the 1st quarter valued at about $26,000. Johnson Financial Group Inc. raised its holdings in shares of Yum China by 3,107.1% during the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock worth $38,000 after purchasing an additional 870 shares during the period. Anchor Investment Management LLC bought a new position in shares of Yum China in the 4th quarter worth about $40,000. BOCHK Asset Management Ltd acquired a new position in shares of Yum China in the 4th quarter valued at about $42,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in shares of Yum China during the 4th quarter valued at about $48,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Yum China Price Performance

NYSE YUMC opened at $30.84 on Friday. Yum China Holdings, Inc. has a 12 month low of $30.76 and a 12 month high of $61.99. 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 firm has a market capitalization of $12.02 billion, a PE ratio of 15.50, a P/E/G ratio of 1.20 and a beta of 0.39. The company’s 50 day simple moving average is $35.99 and its 200 day simple moving average is $38.32.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Monday, April 29th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.06. The business had revenue of $2.96 billion for the quarter, compared to analyst estimates of $3.05 billion. Yum China had a net margin of 7.49% and a return on equity of 11.90%. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the business earned $0.69 earnings per share. As a group, equities research analysts forecast that Yum China Holdings, Inc. will post 2.18 EPS for the current fiscal year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Investors of record on Tuesday, May 28th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date was Friday, May 24th. Yum China’s payout ratio is 32.16%.

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.