Naples Global Advisors LLC Has $2.25 Million Position in Yum China $YUMC

Naples Global Advisors LLC raised its position in shares of Yum China (NYSE:YUMC) by 10.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,227 shares of the company’s stock after purchasing an additional 4,578 shares during the quarter. Naples Global Advisors LLC’s holdings in Yum China were worth $2,246,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in Yum China by 29.7% during the 1st quarter. JPMorgan Chase & Co. now owns 23,985,966 shares of the company’s stock valued at $1,248,709,000 after purchasing an additional 5,485,735 shares during the period. Northern Trust Corp increased its stake in shares of Yum China by 9.0% in the first quarter. Northern Trust Corp now owns 2,076,822 shares of the company’s stock worth $108,119,000 after acquiring an additional 171,643 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Yum China by 4,967.3% in the first quarter. GAMMA Investing LLC now owns 98,914 shares of the company’s stock worth $5,149,000 after acquiring an additional 96,962 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Yum China by 35.6% in the first quarter. Principal Financial Group Inc. now owns 14,102,077 shares of the company’s stock worth $734,150,000 after acquiring an additional 3,704,756 shares during the last quarter. Finally, Soros Capital Management LLC acquired a new position in shares of Yum China in the first quarter worth $14,681,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Yum China Trading Down 0.8%

NYSE YUMC opened at $42.79 on Friday. Yum China has a 1-year low of $41.00 and a 1-year high of $53.99. The company has a current ratio of 1.39, a quick ratio of 1.22 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $15.78 billion, a PE ratio of 17.68, a price-to-earnings-growth ratio of 1.61 and a beta of 0.18. The firm’s fifty day simple moving average is $44.70 and its 200-day simple moving average is $45.51.

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

Yum China Dividend Announcement

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

About Yum China

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.