Moody National Bank Trust Division Sells 698 Shares of Yum China Holdings, Inc. (NYSE:YUMC)


Moody National Bank Trust Division trimmed its stake in Yum China Holdings, Inc. (NYSE:YUMC – Get Rating) by 6.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,692 shares of the company’s stock after selling 698 shares during the quarter. Moody National Bank Trust Division’s holdings in Yum China were worth $403,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. E Fund Management Hong Kong Co. Ltd. Its stake grew in Yum China by 140.0% in the first quarter. E Fund Management Hong Kong Co. Ltd. Now owns 250,975 shares of the company’s stock valued at $10,187,000 after purchasing an additional 146,410 shares in the last quarter. US Asset Management LLC bought a new position in Yum China in the first quarter valued at approximately $75,000. DNB Asset Management AS grew its stake in Yum China by 2,017.0% in the first quarter. DNB Asset Management AS now owns 457,240 shares of the company’s stock valued at $18,994,000 after purchasing an additional 435,642 shares in the last quarter. Meyer Handelman Co. Its stake grew in Yum China by 9.0% in the first quarter. Meyer Handelman Co. Now owns 12,170 shares of the company’s stock valued at $506,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Okabena Investment Services Inc. acquired a new stake in shares of Yum China in the fourth quarter valued at approximately $1,116,000. Hedge funds and other institutional investors own 80.30% of the company’s stock.

Separately, StockNews.com began coverage on Yum China in a research report on Thursday, March 31st. They issued a “hold” rating for the company.

YUMC opened at $42.69 on Friday. Yum China Holdings, Inc. has a 12-month low of $33.55 and a 12-month high of $67.44. The stock has a market cap of $18.09 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 7.00 and a beta of 0.66. The business has a 50 day moving average of $41.63 and a 200-day moving average of $45.13. The company has a quick ratio of 1.88, a current ratio of 2.05 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC – Get Rating) last released its quarterly earnings data on Tuesday, May 3rd. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). The business had revenue of $2.67 billion during the quarter, compared to analyst estimates of $2.60 billion. Yum China had a net margin of 8.63% and a return on equity of 5.38%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.54 earnings per share. As a group, analysts expect that Yum China Holdings, Inc. will post 0.77 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 21st. Investors of record on Tuesday, May 31st were issued a dividend of $0.12 per share. The ex-dividend date was Friday, May 27th. This represents a $0.48 annualized dividend and a yield of 1.12%. Yum China’s payout ratio is currently 24.12%.

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.

Further reading

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



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