E Fund Management Co. Ltd. purchased a new position in shares of Yum China (NYSE:YUMC – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 131,824 shares of the company’s stock, valued at approximately $5,372,000.
Several other large investors have also made changes to their positions in YUMC. Main Street Group LTD acquired a new stake in Yum China in the 1st quarter worth about $26,000. Duncker Streett & Co. Inc. acquired a new stake in shares of Yum China in the fourth quarter worth approximately $26,000. Ascentis Independent Advisors purchased a new stake in shares of Yum China during the first quarter worth approximately $27,000. Elyxium Wealth LLC acquired a new position in Yum China in the 4th quarter valued at $27,000. Finally, Cresta Advisors Ltd. purchased a new position in Yum China in the 4th quarter valued at $28,000. 85.58% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
YUMC has been the topic of several recent research reports. Weiss Ratings cut Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. The Goldman Sachs Group reissued a “buy” rating and set a $59.00 price objective on shares of Yum China in a research note on Thursday, July 30th. Finally, Wall Street Zen upgraded Yum China from a “hold” rating to a “buy” rating in a report on Monday. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Yum China has an average rating of “Moderate Buy” and a consensus target price of $59.21.
Yum China Stock Performance
NYSE YUMC opened at $47.53 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 company has a market cap of $16.28 billion, a P/E ratio of 17.41, a P/E/G ratio of 1.23 and a beta of 0.09. The stock has a 50-day moving average of $44.29 and a two-hundred day moving average of $47.86. Yum China has a 1-year low of $40.15 and a 1-year high of $58.39.
Yum China (NYSE:YUMC – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. The firm had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.05 billion. Yum China had a return on equity of 15.82% and a net margin of 7.84%.Yum China’s revenue was up 12.6% compared to the same quarter last year. During the same period last year, the business posted $0.58 earnings per share. As a group, analysts anticipate that Yum China will post 2.95 EPS for the current year.
Yum China Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, August 27th. Yum China’s payout ratio is currently 42.49%.
Insider Buying and Selling
In related news, insider Duoduo (Howard) Huang sold 24,096 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $47.08, for a total value of $1,134,439.68. Following the completion of the sale, the insider owned 7,589 shares in the company, valued at $357,290.12. This trade represents a 76.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jeff Kuai sold 14,586 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $47.72, for a total transaction of $696,043.92. Following the completion of the sale, the insider owned 63,541 shares in the company, valued at $3,032,176.52. This represents a 18.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.44% of the stock is currently owned by insiders.
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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