Yum China (NYSE:YUMC) Sets New 12-Month Low at $30.73

Yum China Holdings, Inc. (NYSE:YUMC)’s share price hit a new 52-week low on Monday . The stock traded as low as $30.73 and last traded at $30.78, with a volume of 821247 shares trading hands. The stock had previously closed at $30.84.

Analyst Ratings Changes

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

Yum China Price Performance

The company has a market capitalization of $11.99 billion, a PE ratio of 15.50, a price-to-earnings-growth ratio of 1.18 and a beta of 0.33. 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’s 50 day simple moving average is $35.99 and its 200-day simple moving average is $38.30.

Yum China (NYSE:YUMC) last posted its quarterly 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 business 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 company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. As a group, equities analysts forecast that Yum China Holdings, Inc. will post 2.18 earnings per share for the current fiscal year.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 18th. Stockholders of record on Tuesday, May 28th were issued a $0.16 dividend. The ex-dividend date of this dividend was Friday, May 24th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.08%. Yum China’s payout ratio is currently 32.16%.

Institutional Trading of Yum China

Several large investors have recently modified their holdings of YUMC. GUARDCAP ASSET MANAGEMENT Ltd boosted its holdings in Yum China by 38.4% in the 1st quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company’s stock worth $486,391,000 after acquiring an additional 3,389,987 shares during the period. Royal Bank of Canada boosted its holdings in Yum China by 4.5% in the third quarter. Royal Bank of Canada now owns 7,819,136 shares of the company’s stock worth $435,682,000 after purchasing an additional 337,033 shares during the period. FIL Ltd increased its stake in Yum China by 8.3% during 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 during the last quarter. Norges Bank bought a new position in shares of Yum China in the 4th quarter worth about $265,777,000. Finally, Schroder Investment Management Group boosted its holdings in shares of Yum China by 23.3% during the third quarter. Schroder Investment Management Group now owns 4,847,238 shares of the company’s stock valued at $270,088,000 after acquiring an additional 916,418 shares during the period. 85.58% of the stock is currently owned by institutional investors and hedge funds.

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.