Yum China $YUMC Shares Acquired by Swedbank AB

Swedbank AB lifted its position in Yum China (NYSE:YUMC) by 1,727.2% in the first quarter, Holdings Channel reports. The firm owned 779,564 shares of the company’s stock after acquiring an additional 736,900 shares during the period. Swedbank AB’s holdings in Yum China were worth $38,027,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Hudson Bay Capital Management LP purchased a new stake in Yum China in the 3rd quarter valued at $3,944,000. Nordea Investment Management AB grew its position in Yum China by 9.1% during the 4th quarter. Nordea Investment Management AB now owns 1,131,822 shares of the company’s stock worth $54,011,000 after purchasing an additional 94,788 shares during the last quarter. Principal Financial Group Inc. increased its stake in Yum China by 8.9% in the fourth quarter. Principal Financial Group Inc. now owns 21,957,111 shares of the company’s stock valued at $1,039,945,000 after purchasing an additional 1,787,450 shares during the period. Centiva Capital LP purchased a new stake in shares of Yum China in the third quarter valued at about $1,216,000. Finally, Temasek Holdings Private Ltd boosted its stake in shares of Yum China by 25.1% during the third quarter. Temasek Holdings Private Ltd now owns 4,654,717 shares of the company’s stock worth $199,780,000 after buying an additional 932,859 shares during the period. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Yum China Stock Performance

NYSE:YUMC opened at $42.75 on Thursday. The firm’s fifty day moving average price is $44.03 and its 200 day moving average price is $48.41. Yum China has a 1-year low of $40.15 and a 1-year high of $58.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.01 and a quick ratio of 0.83. The firm has a market cap of $14.93 billion, a price-to-earnings ratio of 16.38, a price-to-earnings-growth ratio of 1.18 and a beta of 0.10.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.87 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.87. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.21 billion. Yum China had a net margin of 7.83% and a return on equity of 15.11%. Yum China’s revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.77 EPS. On average, sell-side analysts expect that Yum China will post 2.94 EPS for the current year.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 27th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Wednesday, May 27th. Yum China’s payout ratio is 44.44%.

Analyst Upgrades and Downgrades

YUMC has been the topic of a number of research reports. Weiss Ratings lowered Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Wall Street Zen raised Yum China from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $59.05.

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.