Hsbc Holdings PLC Has $85.83 Million Position in Yum China $YUMC

Hsbc Holdings PLC grew its position in Yum China (NYSE:YUMCFree Report) by 132.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,759,348 shares of the company’s stock after purchasing an additional 1,002,313 shares during the period. Hsbc Holdings PLC’s holdings in Yum China were worth $85,827,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Focus Partners Wealth raised its stake in Yum China by 13.8% during the 1st quarter. Focus Partners Wealth now owns 21,289 shares of the company’s stock worth $1,108,000 after buying an additional 2,582 shares during the period. Strs Ohio acquired a new position in Yum China in the first quarter valued at about $99,000. EverSource Wealth Advisors LLC grew its stake in Yum China by 60.9% in the second quarter. EverSource Wealth Advisors LLC now owns 1,522 shares of the company’s stock valued at $68,000 after acquiring an additional 576 shares during the period. Qube Research & Technologies Ltd bought a new stake in shares of Yum China in the second quarter worth about $14,659,000. Finally, Alliancebernstein L.P. raised its position in shares of Yum China by 13.1% during the second quarter. Alliancebernstein L.P. now owns 5,871,382 shares of the company’s stock worth $262,509,000 after purchasing an additional 677,928 shares during the period. 85.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Weiss Ratings cut Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Wall Street Zen cut Yum China from a “buy” rating to a “hold” rating in a research note on Saturday. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $59.05.

View Our Latest Stock Report on Yum China

Yum China Trading Up 0.1%

YUMC opened at $43.92 on Monday. The stock has a market capitalization of $15.34 billion, a P/E ratio of 16.83, a P/E/G ratio of 1.23 and a beta of 0.10. Yum China has a 12 month low of $40.15 and a 12 month high of $58.39. The firm’s fifty day simple moving average is $43.38 and its 200 day simple moving average is $48.16. The company has a current ratio of 1.01, a quick ratio of 0.83 and a debt-to-equity ratio of 0.01.

Yum China (NYSE:YUMCGet Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.87 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.87. Yum China had a return on equity of 15.11% and a net margin of 7.83%.The firm had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.21 billion. During the same quarter in the prior year, the company earned $0.77 EPS. The company’s revenue was up 9.7% on a year-over-year basis. As a group, research analysts anticipate that Yum China will post 2.94 EPS for the current fiscal year.

Yum China Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, May 27th were issued a dividend of $0.29 per share. The ex-dividend date was Wednesday, May 27th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.6%. Yum China’s dividend payout ratio (DPR) is presently 44.44%.

Yum China Company Profile

(Free Report)

Yum China Holdings, Inc operates as the largest quick-service restaurant company in China, through its ownership and franchising of brands such as KFC, Pizza Hut and Taco Bell. The company’s core business encompasses full-service and fast‐casual dining, takeout and delivery channels, as well as ancillary services including loyalty programs and digital ordering platforms. Yum China’s restaurants offer a diverse menu that adapts global brand concepts to local consumer preferences, featuring items such as soy‐marinated chicken, customized pizzas and region‐inspired side dishes.

In addition to its signature brands, Yum China has expanded its portfolio to include innovative concepts tailored to evolving market trends, such as plant‐based offerings, self‐service kiosks and mobile app integrations.

Read More

Want to see what other hedge funds are holding YUMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yum China (NYSE:YUMCFree Report).

Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.