Hsbc Holdings PLC trimmed its holdings in Yum China (NYSE:YUMC – Free Report) by 44.0% during the fourth quarter, HoldingsChannel reports. The firm owned 757,035 shares of the company’s stock after selling 593,696 shares during the period. Hsbc Holdings PLC’s holdings in Yum China were worth $36,140,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Hudson Bay Capital Management LP acquired a new position in Yum China during the third quarter worth $3,944,000. Nordea Investment Management AB raised its holdings in shares of Yum China by 9.1% during the 4th quarter. Nordea Investment Management AB now owns 1,131,822 shares of the company’s stock worth $54,011,000 after acquiring an additional 94,788 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Yum China by 8.9% during the 4th quarter. Principal Financial Group Inc. now owns 21,957,111 shares of the company’s stock worth $1,039,945,000 after acquiring an additional 1,787,450 shares during the period. Temasek Holdings Private Ltd boosted its position in shares of Yum China by 25.1% during the 3rd quarter. Temasek Holdings Private Ltd now owns 4,654,717 shares of the company’s stock valued at $199,780,000 after acquiring an additional 932,859 shares during the last quarter. Finally, Centiva Capital LP acquired a new position in shares of Yum China during the 3rd quarter valued at about $1,216,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on YUMC shares. Weiss Ratings cut shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Wall Street Zen lowered shares of Yum China from a “buy” rating to a “hold” rating in a report on Sunday, June 7th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $59.05.
Yum China Price Performance
NYSE:YUMC opened at $41.01 on Wednesday. Yum China has a 52 week low of $40.84 and a 52 week high of $58.39. The company has a quick ratio of 0.83, a current ratio of 1.01 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $14.32 billion, a P/E ratio of 15.71, a P/E/G ratio of 1.16 and a beta of 0.09. The stock’s fifty day moving average is $45.63 and its two-hundred day moving average is $48.86.
Yum China (NYSE:YUMC – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.87 EPS for the quarter, meeting the consensus estimate of $0.87. The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.21 billion. Yum China had a return on equity of 15.11% and a net margin of 7.83%.The company’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.77 EPS. Equities analysts expect that Yum China will post 2.96 EPS for the current year.
Yum China Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, May 27th were given a $0.29 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $1.16 dividend on an annualized basis and a yield of 2.8%. Yum China’s dividend payout ratio is presently 44.44%.
About Yum China
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.
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