Bamco Inc. NY Cuts Holdings in Yum China Holdings, Inc. (NYSE:YUMC)

Bamco Inc. NY decreased its position in Yum China Holdings, Inc. (NYSE:YUMC) by 5.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 721,940 shares of the company’s stock after selling 41,963 shares during the period. Bamco Inc. NY owned about 0.19% of Yum China worth $28,726,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in YUMC. Mather Group LLC. purchased a new position in Yum China in the first quarter valued at $26,000. LRI Investments LLC purchased a new position in Yum China in the first quarter valued at $36,000. Johnson Financial Group Inc. grew its position in shares of Yum China by 3,107.1% in the fourth quarter. Johnson Financial Group Inc. now owns 898 shares of the company’s stock valued at $38,000 after purchasing an additional 870 shares during the period. BOCHK Asset Management Ltd acquired a new stake in shares of Yum China in the fourth quarter valued at about $42,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of Yum China in the fourth quarter valued at about $48,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Yum China Price Performance

Shares of NYSE YUMC traded up $0.77 during trading on Friday, hitting $30.01. The company had a trading volume of 2,161,178 shares, compared to its average volume of 2,256,196. The stock has a fifty day simple moving average of $32.97 and a two-hundred day simple moving average of $36.84. Yum China Holdings, Inc. has a fifty-two week low of $29.02 and a fifty-two week high of $61.99. The firm has a market capitalization of $11.69 billion, a price-to-earnings ratio of 15.08, a price-to-earnings-growth ratio of 1.27 and a beta of 0.33. The company has a quick ratio of 1.24, a current ratio of 1.39 and a debt-to-equity ratio of 0.28.

Yum China (NYSE:YUMC) last announced its earnings results on Monday, April 29th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.06. Yum China had a net margin of 7.49% and a return on equity of 11.90%. The business had revenue of $2.96 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the business earned $0.69 earnings per share. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. On average, research analysts expect that Yum China Holdings, Inc. will post 2.16 earnings per share for the current year.

Yum China Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Stockholders of record on Tuesday, May 28th were given a $0.16 dividend. The ex-dividend date of this dividend was Friday, May 24th. This represents a $0.64 annualized dividend and a dividend yield of 2.13%. Yum China’s dividend payout ratio (DPR) is 32.16%.

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.