Avanda Investment Management Pte. Ltd. lowered its stake in shares of Yum China (NYSE:YUMC – Free Report) by 40.0% during the 4th quarter, HoldingsChannel reports. The fund owned 332,250 shares of the company’s stock after selling 221,250 shares during the period. Yum China comprises 15.6% of Avanda Investment Management Pte. Ltd.’s portfolio, making the stock its 2nd biggest holding. Avanda Investment Management Pte. Ltd.’s holdings in Yum China were worth $15,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Duncker Streett & Co. Inc. purchased a new position in Yum China in the 4th quarter worth $26,000. Elyxium Wealth LLC bought a new position in shares of Yum China during the fourth quarter valued at about $27,000. Jackson Grant Investment Advisers Inc. grew its stake in shares of Yum China by 526.3% during the third quarter. Jackson Grant Investment Advisers Inc. now owns 595 shares of the company’s stock valued at $26,000 after buying an additional 500 shares during the last quarter. Cresta Advisors Ltd. bought a new position in shares of Yum China during the fourth quarter valued at about $28,000. Finally, Stone House Investment Management LLC grew its stake in shares of Yum China by 106.2% during the fourth quarter. Stone House Investment Management LLC now owns 629 shares of the company’s stock valued at $30,000 after buying an additional 324 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have commented on YUMC. Weiss Ratings downgraded shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Wall Street Zen downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research report on Sunday, June 7th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Yum China presently has a consensus rating of “Moderate Buy” and an average target price of $59.05.
Yum China Stock Performance
YUMC opened at $44.63 on Friday. The stock’s 50 day simple moving average is $46.53 and its 200-day simple moving average is $49.11. Yum China has a 1 year low of $41.69 and a 1 year high of $58.39. The stock has a market cap of $15.58 billion, a PE ratio of 17.10, a P/E/G ratio of 1.22 and a beta of 0.09. The company has a current ratio of 1.01, a quick ratio of 0.83 and a debt-to-equity ratio of 0.01.
Yum China (NYSE:YUMC – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.87 EPS 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 company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.21 billion. During the same quarter in the previous year, the firm earned $0.77 earnings per share. The business’s revenue was up 9.7% on a year-over-year basis. Sell-side analysts forecast that Yum China will post 2.95 EPS for the current year.
Yum China Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, May 27th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $1.16 annualized dividend and a yield of 2.6%. Yum China’s dividend payout ratio is presently 44.44%.
Yum China Company 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.
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