Acadian Asset Management LLC Acquires 374,508 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Acadian Asset Management LLC boosted its holdings in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 5,929.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 380,824 shares of the company’s stock after purchasing an additional 374,508 shares during the quarter. Acadian Asset Management LLC’s holdings in Yum China were worth $15,144,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in YUMC. Diversified Trust Co purchased a new position in shares of Yum China during the fourth quarter valued at about $274,000. FORVIS Wealth Advisors LLC grew its holdings in Yum China by 7.5% during the 4th quarter. FORVIS Wealth Advisors LLC now owns 7,160 shares of the company’s stock valued at $304,000 after buying an additional 500 shares in the last quarter. SG Americas Securities LLC increased its stake in Yum China by 226.1% in the 4th quarter. SG Americas Securities LLC now owns 122,137 shares of the company’s stock worth $5,182,000 after acquiring an additional 84,682 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Yum China by 3.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 16,571 shares of the company’s stock worth $703,000 after acquiring an additional 503 shares in the last quarter. Finally, Highland Capital Management LLC boosted its position in shares of Yum China by 16.0% during the 4th quarter. Highland Capital Management LLC now owns 21,000 shares of the company’s stock valued at $891,000 after acquiring an additional 2,900 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors.

Yum China Price Performance

Shares of YUMC stock traded down $0.30 on Friday, reaching $30.32. The company’s stock had a trading volume of 2,608,855 shares, compared to its average volume of 2,223,722. The company has a market capitalization of $11.81 billion, a price-to-earnings ratio of 15.24, a price-to-earnings-growth ratio of 1.17 and a beta of 0.33. The stock’s fifty day simple moving average is $33.90 and its 200-day simple moving average is $37.19. The company has a current ratio of 1.39, a quick ratio of 1.24 and a debt-to-equity ratio of 0.28. Yum China Holdings, Inc. has a 1 year low of $29.97 and a 1 year high of $61.99.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Monday, April 29th. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.06. The business had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $3.05 billion. Yum China had a net margin of 7.49% and a return on equity of 11.90%. The business’s revenue was up 1.4% on a year-over-year basis. During the same period last year, the company posted $0.69 EPS. Analysts forecast that Yum China Holdings, Inc. will post 2.16 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 28th were paid a dividend of $0.16 per share. The ex-dividend date was Friday, May 24th. This represents a $0.64 annualized dividend and a yield of 2.11%. Yum China’s payout ratio is currently 32.16%.

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.