Swiss National Bank Sells 123,559 Shares of Yum China $YUMC

Swiss National Bank trimmed its position in shares of Yum China (NYSE:YUMC) by 15.2% during the first quarter, Holdings Channel.com reports. The fund owned 686,774 shares of the company’s stock after selling 123,559 shares during the quarter. Swiss National Bank’s holdings in Yum China were worth $33,764,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in Yum China by 8.9% in the 4th quarter. Principal Financial Group Inc. now owns 21,957,111 shares of the company’s stock worth $1,039,945,000 after purchasing an additional 1,787,450 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Yum China by 5.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,971,031 shares of the company’s stock valued at $237,317,000 after purchasing an additional 236,736 shares during the last quarter. Mondrian Investment Partners LTD raised its position in shares of Yum China by 112.0% in the fourth quarter. Mondrian Investment Partners LTD now owns 7,854,198 shares of the company’s stock valued at $374,959,000 after purchasing an additional 4,148,966 shares during the period. Teachers Retirement System of The State of Kentucky raised its position in shares of Yum China by 42.4% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 752,360 shares of the company’s stock valued at $36,701,000 after purchasing an additional 224,060 shares during the period. Finally, M&T Bank Corp lifted its stake in shares of Yum China by 271.1% in the fourth quarter. M&T Bank Corp now owns 171,689 shares of the company’s stock worth $8,196,000 after buying an additional 125,420 shares during the last quarter. 85.58% of the stock is owned by institutional investors.

Yum China Stock Down 0.6%

Shares of YUMC opened at $43.16 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.83 and a current ratio of 1.01. The company has a 50-day simple moving average of $43.09 and a 200-day simple moving average of $48.04. Yum China has a 52 week low of $40.15 and a 52 week high of $58.39. The firm has a market capitalization of $15.07 billion, a P/E ratio of 16.54, a P/E/G ratio of 1.21 and a beta of 0.10.

Yum China (NYSE:YUMC) last released its earnings results on Wednesday, April 29th. The company reported $0.87 earnings per share 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 business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.21 billion. During the same period last year, the business earned $0.77 earnings per share. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, equities research analysts expect that Yum China will post 2.94 earnings per share for the current year.

Yum China Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 27th were issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Wednesday, May 27th. Yum China’s dividend payout ratio (DPR) is presently 44.44%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings cut shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Yum China presently has an average rating of “Moderate Buy” and a consensus target price of $59.05.

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.