Swedbank AB Has $2.04 Million Position in Yum China $YUMC

Swedbank AB lowered its holdings in Yum China (NYSE:YUMC) by 64.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 42,664 shares of the company’s stock after selling 78,308 shares during the period. Swedbank AB’s holdings in Yum China were worth $2,037,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its stake in Yum China by 36.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,349 shares of the company’s stock worth $112,000 after purchasing an additional 631 shares in the last quarter. Global Retirement Partners LLC boosted its stake in Yum China by 146.6% in the fourth quarter. Global Retirement Partners LLC now owns 1,842 shares of the company’s stock worth $88,000 after purchasing an additional 1,095 shares in the last quarter. Leonteq Securities AG acquired a new position in Yum China in the fourth quarter worth $254,000. IFP Advisors Inc boosted its stake in Yum China by 187.5% in the fourth quarter. IFP Advisors Inc now owns 4,911 shares of the company’s stock worth $234,000 after purchasing an additional 3,203 shares in the last quarter. Finally, Banque Cantonale Vaudoise boosted its stake in Yum China by 112.7% in the fourth quarter. Banque Cantonale Vaudoise now owns 28,120 shares of the company’s stock worth $1,343,000 after purchasing an additional 14,900 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on YUMC. Wall Street Zen lowered Yum China from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Jefferies Financial Group restated a “buy” rating and set a $63.64 target price on shares of Yum China in a research report on Thursday, February 5th. Weiss Ratings downgraded Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. Finally, The Goldman Sachs Group restated a “buy” rating and set a $58.50 target price on shares of Yum China in a research report on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $59.05.

Yum China Trading Down 0.4%

YUMC stock opened at $44.04 on Thursday. The company has a market cap of $15.38 billion, a P/E ratio of 16.87, a PEG ratio of 1.24 and a beta of 0.13. Yum China has a twelve month low of $41.69 and a twelve month 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 business has a fifty day moving average of $48.44 and a 200-day moving average of $49.41.

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. The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.21 billion. Yum China had a return on equity of 15.11% and a net margin of 7.83%.The firm’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.77 earnings per share. As a group, equities research analysts expect that Yum China will post 2.95 EPS for the current year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.29 per share. The ex-dividend date is Wednesday, May 27th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.6%. Yum China’s payout ratio is presently 44.44%.

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.