TIAA Trust National Association Purchases 1,322 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

TIAA Trust National Association increased its position in shares of Yum China Holdings, Inc. (NYSE:YUMC) by 26.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,413 shares of the company’s stock after buying an additional 1,322 shares during the period. TIAA Trust National Association’s holdings in Yum China were worth $255,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of YUMC. GUARDCAP ASSET MANAGEMENT Ltd increased its stake in Yum China by 2.4% in the fourth quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 8,833,955 shares of the company’s stock valued at $374,825,000 after purchasing an additional 208,264 shares in the last quarter. FIL Ltd increased its stake in Yum China by 8.3% in the fourth quarter. FIL Ltd now owns 7,584,264 shares of the company’s stock valued at $322,139,000 after purchasing an additional 582,792 shares in the last quarter. Norges Bank bought a new stake in Yum China in the fourth quarter valued at $265,777,000. Principal Financial Group Inc. increased its stake in Yum China by 11.5% in the first quarter. Principal Financial Group Inc. now owns 4,420,115 shares of the company’s stock valued at $175,649,000 after purchasing an additional 454,204 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in Yum China by 1.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 3,820,531 shares of the company’s stock valued at $152,019,000 after purchasing an additional 53,744 shares in the last quarter. Institutional investors own 85.58% of the company’s stock.

Yum China Stock Up 1.3 %

Shares of NYSE:YUMC traded up $0.38 during midday trading on Monday, hitting $30.70. 1,245,115 shares of the company’s stock were exchanged, compared to its average volume of 3,124,637. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.24. The stock has a 50 day moving average price of $33.90 and a 200-day moving average price of $37.19. The company has a market cap of $11.96 billion, a PE ratio of 15.24, a price-to-earnings-growth ratio of 1.17 and a beta of 0.33. Yum China Holdings, Inc. has a 12 month low of $29.97 and a 12 month high of $61.99.

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

Yum China Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, May 28th were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date of this dividend was Friday, May 24th. Yum China’s payout ratio is 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.