CW Advisors LLC purchased a new stake in Yum China (NYSE:YUMC – Free Report) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 25,516 shares of the company’s stock, valued at approximately $1,328,000.
Other hedge funds also recently bought and sold shares of the company. Hughes Financial Services LLC purchased a new position in Yum China in the 1st quarter worth approximately $29,000. SouthState Corp lifted its stake in Yum China by 4,915.4% in the 1st quarter. SouthState Corp now owns 652 shares of the company’s stock worth $34,000 after purchasing an additional 639 shares in the last quarter. CX Institutional purchased a new position in Yum China in the 1st quarter worth approximately $37,000. Goodman Advisory Group LLC purchased a new position in Yum China in the 1st quarter worth approximately $41,000. Finally, Cheviot Value Management LLC purchased a new position in Yum China in the 1st quarter worth approximately $42,000. Institutional investors and hedge funds own 85.58% of the company’s stock.
Yum China Trading Up 2.5%
YUMC opened at $47.04 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.39 and a quick ratio of 1.22. The company’s 50 day simple moving average is $45.83 and its two-hundred day simple moving average is $46.43. Yum China has a 1-year low of $32.85 and a 1-year high of $53.99. The firm has a market capitalization of $17.34 billion, a price-to-earnings ratio of 19.44, a price-to-earnings-growth ratio of 1.73 and a beta of 0.27.
Yum China Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.24 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.0%. Yum China’s dividend payout ratio (DPR) is currently 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.
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