OMERS ADMINISTRATION Corp acquired a new stake in Yum China (NYSE:YUMC – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 32,705 shares of the company’s stock, valued at approximately $1,333,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of YUMC. Focus Partners Wealth grew its position in Yum China by 13.8% in the 1st quarter. Focus Partners Wealth now owns 21,289 shares of the company’s stock valued at $1,108,000 after purchasing an additional 2,582 shares during the period. Strs Ohio acquired a new position in Yum China during the first quarter worth $99,000. EverSource Wealth Advisors LLC lifted its stake in shares of 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 buying an additional 576 shares in the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Yum China in the second quarter valued at $14,659,000. Finally, Alliancebernstein L.P. grew its holdings 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 valued at $262,509,000 after buying an additional 677,928 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Yum China from a “hold” rating to a “buy” rating in a report on Monday, August 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Yum China in a report on Friday, August 21st. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $59.00 price objective on shares of Yum China in a research note on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $59.21.
Yum China Stock Performance
Shares of YUMC stock opened at $47.17 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.96 and a quick ratio of 0.78. The firm has a 50-day moving average of $44.77 and a 200-day moving average of $47.74. Yum China has a one year low of $40.15 and a one year high of $58.39. The company has a market cap of $16.15 billion, a P/E ratio of 17.28, a P/E/G ratio of 1.28 and a beta of 0.09.
Yum China (NYSE:YUMC – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.03. The business had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Yum China had a net margin of 7.84% and a return on equity of 15.82%. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.58 earnings per share. Equities research analysts forecast that Yum China will post 2.95 EPS for the current fiscal year.
Yum China Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be paid a dividend of $0.29 per share. The ex-dividend date is Thursday, August 27th. This represents a $1.16 annualized dividend and a dividend yield of 2.5%. Yum China’s dividend payout ratio is presently 42.49%.
Insider Activity
In other Yum China news, insider Duoduo (Howard) Huang sold 24,096 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $47.08, for a total value of $1,134,439.68. Following the transaction, the insider directly owned 7,589 shares in the company, valued at $357,290.12. This represents a 76.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeff Kuai sold 14,586 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $47.72, for a total value of $696,043.92. Following the transaction, the insider owned 63,541 shares in the company, valued at $3,032,176.52. This trade represents a 18.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.44% of the stock is owned by company insiders.
Yum China Profile
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.
See Also
- Five stocks we like better than Yum China
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
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.
