Polymer Capital Management HK LTD Buys 50,654 Shares of Yum China $YUMC

Polymer Capital Management HK LTD boosted its stake in Yum China (NYSE:YUMC) by 140.7% in the fourth quarter, HoldingsChannel reports. The firm owned 86,654 shares of the company’s stock after acquiring an additional 50,654 shares during the period. Polymer Capital Management HK LTD’s holdings in Yum China were worth $4,137,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Jackson Grant Investment Advisers Inc. grew its position in Yum China by 526.3% in the 3rd quarter. Jackson Grant Investment Advisers Inc. now owns 595 shares of the company’s stock worth $26,000 after purchasing an additional 500 shares during the period. Duncker Streett & Co. Inc. bought a new stake in Yum China in the 4th quarter worth approximately $26,000. Elyxium Wealth LLC bought a new stake in Yum China in the 4th quarter worth approximately $27,000. Cresta Advisors Ltd. bought a new stake in Yum China in the 4th quarter worth approximately $28,000. Finally, Stone House Investment Management LLC grew its position in Yum China by 106.2% in the 4th quarter. Stone House Investment Management LLC now owns 629 shares of the company’s stock worth $30,000 after purchasing an additional 324 shares during the period. Institutional investors own 85.58% of the company’s stock.

Yum China Stock Up 2.4%

YUMC opened at $44.63 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. Yum China has a fifty-two week low of $41.69 and a fifty-two week high of $58.39. The firm’s fifty day moving average is $46.53 and its 200 day moving average is $49.11. The stock has a market cap of $15.58 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 1.22 and a beta of 0.09.

Yum China (NYSE:YUMC) last released its earnings results on Wednesday, April 29th. The company reported $0.87 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.87. Yum China had a net margin of 7.83% and a return on equity of 15.11%. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.21 billion. During the same quarter in the previous year, the company earned $0.77 EPS. Yum China’s revenue for the quarter was up 9.7% on a year-over-year basis. On average, sell-side 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 announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, May 27th will be paid 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 44.44%.

Analysts Set New Price Targets

A number of equities research analysts have commented on YUMC shares. Wall Street Zen downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research report on Sunday, June 7th. 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. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $59.05.

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.