Quadrature Capital Ltd Has $1.99 Million Position in Yum China $YUMC

Quadrature Capital Ltd grew its stake in shares of Yum China (NYSE:YUMC) by 782.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,426 shares of the company’s stock after acquiring an additional 39,392 shares during the period. Quadrature Capital Ltd’s holdings in Yum China were worth $1,986,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. SouthState Corp grew its stake in Yum China by 4,915.4% in the first quarter. SouthState Corp now owns 652 shares of the company’s stock valued at $34,000 after purchasing an additional 639 shares in the last quarter. Bell Investment Advisors Inc raised its stake in shares of Yum China by 95.6% during the 2nd quarter. Bell Investment Advisors Inc now owns 665 shares of the company’s stock worth $30,000 after purchasing an additional 325 shares in the last quarter. Cheviot Value Management LLC acquired a new stake in shares of Yum China during the 1st quarter valued at about $42,000. Marshall & Sullivan Inc. WA bought a new stake in shares of Yum China in the 2nd quarter valued at approximately $36,000. Finally, Atlantic Union Bankshares Corp acquired a new position in Yum China in the second quarter worth approximately $45,000. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Yum China

In other news, insider Duoduo (Howard) Huang sold 4,888 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $48.10, for a total value of $235,112.80. Following the sale, the insider directly owned 22,510 shares of the company’s stock, valued at approximately $1,082,731. This trade represents a 17.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Warton Wang sold 8,187 shares of Yum China stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $48.28, for a total value of $395,268.36. Following the completion of the transaction, the insider owned 46,847 shares in the company, valued at $2,261,773.16. The trade was a 14.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 18,242 shares of company stock worth $878,397 over the last ninety days. Company insiders own 0.40% of the company’s stock.

Yum China Stock Down 0.3%

Shares of Yum China stock opened at $48.14 on Friday. Yum China has a 12-month low of $41.00 and a 12-month high of $53.99. The company has a quick ratio of 1.22, a current ratio of 1.39 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average price of $44.61 and a two-hundred day moving average price of $44.89. The stock has a market capitalization of $17.40 billion, a P/E ratio of 19.89, a PEG ratio of 1.63 and a beta of 0.18.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.76 EPS for the quarter, meeting analysts’ consensus estimates of $0.76. The company had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.20 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.77 earnings per share. Equities analysts expect that Yum China will post 2.54 earnings per share for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 2nd will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $0.96 dividend on an annualized basis and a yield of 2.0%. Yum China’s payout ratio is currently 39.83%.

Wall Street Analysts Forecast Growth

YUMC has been the topic of several recent research reports. CLSA reaffirmed an “outperform” rating and set a $55.00 price objective on shares of Yum China in a research report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $55.00.

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.