Highland Capital Management LLC Grows Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Highland Capital Management LLC increased its position in shares of Yum China Holdings, Inc. (NYSE:YUMCGet Rating) by 1.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,079 shares of the company’s stock after buying an additional 360 shares during the period. Highland Capital Management LLC’s holdings in Yum China were worth $1,071,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Illinois Municipal Retirement Fund grew its position in shares of Yum China by 38.0% during the 1st quarter. Illinois Municipal Retirement Fund now owns 16,152 shares of the company’s stock valued at $671,000 after buying an additional 4,446 shares during the last quarter. Bartlett & Co. LLC grew its position in shares of Yum China by 3,028.5% during the 4th quarter. Bartlett & Co. LLC now owns 34,570 shares of the company’s stock valued at $1,723,000 after buying an additional 33,465 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its stake in Yum China by 6.3% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 11,569 shares of the company’s stock valued at $481,000 after purchasing an additional 684 shares during the period. Naples Global Advisors LLC boosted its stake in Yum China by 63.4% during the 1st quarter. Naples Global Advisors LLC now owns 14,963 shares of the company’s stock valued at $622,000 after purchasing an additional 5,805 shares during the period. Finally, Cubist Systematic Strategies LLC boosted its stake in Yum China by 226.4% during the 4th quarter. Cubist Systematic Strategies LLC now owns 93,283 shares of the company’s stock valued at $4,649,000 after purchasing an additional 64,702 shares during the period. Institutional investors own 76.43% of the company’s stock.

Yum China Trading Down 2.9 %

Yum China stock opened at $47.60 on Friday. The company has a quick ratio of 1.96, a current ratio of 2.13 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average price of $48.21 and a two-hundred day moving average price of $44.72. The firm has a market capitalization of $19.97 billion, a price-to-earnings ratio of 26.89, a PEG ratio of 5.45 and a beta of 0.54. Yum China Holdings, Inc. has a 52-week low of $33.55 and a 52-week high of $61.29.

Yum China (NYSE:YUMCGet Rating) last posted its earnings results on Thursday, July 28th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.22. The firm had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.12 billion. Yum China had a net margin of 7.90% and a return on equity of 3.94%. Sell-side analysts expect that Yum China Holdings, Inc. will post 0.9 earnings per share for the current year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Thursday, August 25th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.01%. The ex-dividend date was Wednesday, August 24th. Yum China’s dividend payout ratio is presently 27.12%.

Yum China Profile

(Get Rating)

Yum China Holdings, Inc owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, and East Dawning brands, which specialize in chicken, pizza, hot pot cooking, simmer pot, Italian coffee, specialty coffee, Mexican-style food, and Chinese food categories.

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

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