Yum China (NYSE:YUMC) Stock Price Down 2.5%

Yum China Holdings, Inc. (NYSE:YUMC)’s share price fell 2.5% during trading on Monday . The stock traded as low as $37.32 and last traded at $37.46. 333,680 shares changed hands during trading, a decline of 90% from the average session volume of 3,472,927 shares. The stock had previously closed at $38.41.

Analysts Set New Price Targets

Separately, HSBC dropped their target price on Yum China from $66.80 to $51.30 and set a “buy” rating for the company in a report on Wednesday, March 6th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $54.65.

Yum China Stock Performance

The company has a market cap of $14.62 billion, a P/E ratio of 18.74, a P/E/G ratio of 1.77 and a beta of 0.46. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.42 and a quick ratio of 1.24. The business has a 50-day moving average of $39.45 and a two-hundred day moving average of $40.96.

Yum China (NYSE:YUMC) last posted its earnings results on Monday, April 29th. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.06. Yum China had a net margin of 7.49% and a return on equity of 11.65%. The company had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the previous year, the firm posted $0.69 earnings per share. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. On average, sell-side analysts predict that Yum China Holdings, Inc. will post 2.19 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 28th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.72%. The ex-dividend date is Friday, May 24th. Yum China’s payout ratio is currently 32.16%.

Institutional Trading of Yum China

A number of large investors have recently modified their holdings of YUMC. American Century Companies Inc. boosted its stake in shares of Yum China by 237.1% during the 3rd quarter. American Century Companies Inc. now owns 559,994 shares of the company’s stock worth $31,203,000 after purchasing an additional 393,881 shares during the last quarter. DAVENPORT & Co LLC bought a new stake in shares of Yum China in the 4th quarter valued at approximately $1,655,000. Allspring Global Investments Holdings LLC raised its stake in Yum China by 13.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 3,766,787 shares of the company’s stock worth $159,825,000 after acquiring an additional 433,411 shares during the period. XY Capital Ltd lifted its holdings in shares of Yum China by 1,325.8% in the 3rd quarter. XY Capital Ltd now owns 107,650 shares of the company’s stock worth $5,998,000 after purchasing an additional 100,100 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of Yum China by 17.5% during the fourth quarter. Nordea Investment Management AB now owns 369,621 shares of the company’s stock valued at $15,657,000 after acquiring an additional 54,958 shares during the period. Hedge funds and other institutional investors own 85.58% of the company’s stock.

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.