Thompson Siegel & Walmsley LLC Makes New $2.31 Million Investment in Yum China Holdings, Inc. (NYSE:YUMC)

Thompson Siegel & Walmsley LLC acquired a new stake in Yum China Holdings, Inc. (NYSE:YUMC) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 51,367 shares of the company’s stock, valued at approximately $2,313,000.

A number of other institutional investors have also modified their holdings of the company. Eagle Bay Advisors LLC raised its holdings in shares of Yum China by 53.7% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,088 shares of the company’s stock valued at $34,000 after buying an additional 380 shares during the period. LRI Investments LLC acquired a new position in Yum China in the first quarter valued at approximately $36,000. Farther Finance Advisors LLC grew its stake in Yum China by 43.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 846 shares of the company’s stock worth $38,000 after buying an additional 258 shares during the last quarter. Pathway Financial Advisers LLC bought a new position in shares of Yum China during the first quarter worth about $39,000. Finally, McClarren Financial Advisors Inc. increased its stake in shares of Yum China by 906.5% in the third quarter. McClarren Financial Advisors Inc. now owns 926 shares of the company’s stock valued at $42,000 after purchasing an additional 834 shares during the period. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Price Performance

NYSE:YUMC opened at $47.09 on Friday. The firm has a market cap of $17.88 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 1.67 and a beta of 0.36. Yum China Holdings, Inc. has a 12 month low of $28.50 and a 12 month high of $52.00. The company’s 50-day moving average price is $44.67 and its two-hundred day moving average price is $37.43. The company has a quick ratio of 1.15, a current ratio of 1.29 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. Yum China had a return on equity of 13.39% and a net margin of 7.97%. The firm had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same period last year, the company earned $0.59 EPS. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. On average, equities analysts anticipate that Yum China Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Yum China Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th will be given a $0.16 dividend. The ex-dividend date is Tuesday, November 26th. This represents a $0.64 annualized dividend and a yield of 1.36%. Yum China’s dividend payout ratio is currently 28.32%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on YUMC. Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and boosted their target price for the stock from $30.00 to $37.40 in a report on Tuesday, August 6th. JPMorgan Chase & Co. upgraded shares of Yum China from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $35.50 to $60.00 in a report on Tuesday, November 5th. Citigroup raised Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Finally, StockNews.com upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $51.68.

Yum China Company 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.