Nykredit A S Invests $7.15 Million in Yum China $YUMC

Nykredit A S bought a new stake in Yum China (NYSE:YUMC) during the 2nd quarter, HoldingsChannel reports. The fund bought 175,371 shares of the company’s stock, valued at approximately $7,154,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Ashoka WhiteOak Capital Pte Ltd boosted its holdings in Yum China by 0.7% in the 4th quarter. Ashoka WhiteOak Capital Pte Ltd now owns 28,350 shares of the company’s stock valued at $1,342,000 after purchasing an additional 200 shares in the last quarter. Glenview Trust Co raised its stake in shares of Yum China by 4.3% during the 4th quarter. Glenview Trust Co now owns 4,904 shares of the company’s stock worth $234,000 after buying an additional 200 shares in the last quarter. Truist Financial Corp raised its stake in shares of Yum China by 0.3% during the 4th quarter. Truist Financial Corp now owns 68,009 shares of the company’s stock worth $3,247,000 after buying an additional 211 shares in the last quarter. Biltmore Family Office LLC lifted its holdings in shares of Yum China by 3.1% in the 4th quarter. Biltmore Family Office LLC now owns 7,111 shares of the company’s stock valued at $339,000 after buying an additional 216 shares during the period. Finally, Williams Jones Wealth Management LLC. boosted its stake in shares of Yum China by 2.7% in the fourth quarter. Williams Jones Wealth Management LLC. now owns 8,258 shares of the company’s stock valued at $394,000 after buying an additional 221 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Yum China

In related news, insider Duoduo (Howard) Huang sold 24,096 shares of the 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 sale, the insider directly owned 7,589 shares of the company’s stock, valued at approximately $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 at this hyperlink. Also, insider Jeff Kuai sold 14,586 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $47.72, for a total transaction of $696,043.92. Following the transaction, the insider owned 63,541 shares of the company’s stock, 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. Insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on YUMC. Weiss Ratings reiterated a “hold (c)” rating on shares of Yum China in a research report on Friday, August 21st. The Goldman Sachs Group restated a “buy” rating and set a $59.00 target price on shares of Yum China in a research report on Thursday, July 30th. Finally, Wall Street Zen upgraded shares of Yum China from a “hold” rating to a “buy” rating in a report on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $59.21.

Yum China Price Performance

Shares of NYSE:YUMC opened at $43.59 on Friday. The firm has a market capitalization of $14.93 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 1.15 and a beta of 0.08. 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 business’s 50 day simple moving average is $45.18 and its 200-day simple moving average is $47.22. Yum China has a 12 month low of $40.15 and a 12 month high of $58.39.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.03. The firm had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.05 billion. Yum China had a return on equity of 15.82% and a net margin of 7.84%.Yum China’s quarterly revenue was up 12.6% on a year-over-year basis. During the same period last year, the business posted $0.58 EPS. As a group, equities analysts forecast that Yum China will post 2.95 earnings per share for the current fiscal year.

Yum China Announces Dividend

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 given a $0.29 dividend. The ex-dividend date is Thursday, August 27th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.7%. Yum China’s dividend payout ratio (DPR) is currently 42.49%.

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.