Allianz Asset Management GmbH Purchases 75,915 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

Allianz Asset Management GmbH raised its stake in shares of Yum China Holdings, Inc. (NYSE:YUMC - Free Report) by 9.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 846,540 shares of the company's stock after buying an additional 75,915 shares during the quarter. Allianz Asset Management GmbH owned about 0.20% of Yum China worth $35,919,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Private Advisor Group LLC lifted its position in Yum China by 19.2% during the third quarter. Private Advisor Group LLC now owns 8,897 shares of the company's stock valued at $496,000 after buying an additional 1,433 shares during the period. NBC Securities Inc. bought a new stake in Yum China in the third quarter worth $29,000. Ieq Capital LLC increased its position in Yum China by 6.2% during the third quarter. Ieq Capital LLC now owns 4,717 shares of the company's stock valued at $263,000 after acquiring an additional 276 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Yum China by 3.7% during the third quarter. Assenagon Asset Management S.A. now owns 16,068 shares of the company's stock valued at $895,000 after acquiring an additional 566 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in Yum China by 7.2% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 210,824 shares of the company's stock worth $11,747,000 after buying an additional 14,075 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, HSBC reduced their price target on shares of 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 company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $54.65.

Yum China Stock Performance

NYSE:YUMC traded up $0.30 during midday trading on Friday, reaching $35.77. The stock had a trading volume of 7,581,174 shares, compared to its average volume of 3,380,516. 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 Holdings, Inc. has a 12-month low of $33.55 and a 12-month high of $61.99. The stock has a market cap of $13.94 billion, a P/E ratio of 17.97, a P/E/G ratio of 1.65 and a beta of 0.46. The firm has a fifty day simple moving average of $38.03 and a two-hundred day simple moving average of $39.78.

Yum China (NYSE:YUMC - Get Free Report) last posted its earnings results on Monday, April 29th. The company reported $0.71 earnings per share 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 in the previous year, the business posted $0.69 EPS. The business's quarterly revenue was up 1.4% on a year-over-year basis. On average, equities analysts expect that Yum China Holdings, Inc. will post 2.18 EPS for the current year.

Yum China Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Investors of record on Tuesday, May 28th will be given a $0.16 dividend. The ex-dividend date of this dividend is Friday, May 24th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.79%. Yum China's dividend payout ratio (DPR) 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.