Teachers Retirement System of The State of Kentucky Acquires 224,060 Shares of Yum China $YUMC

Teachers Retirement System of The State of Kentucky increased its holdings in Yum China (NYSE:YUMC) by 42.4% during the first quarter, Holdings Channel.com reports. The firm owned 752,360 shares of the company’s stock after acquiring an additional 224,060 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Yum China were worth $36,701,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Hudson Bay Capital Management LP purchased a new stake in Yum China during the 3rd quarter valued at about $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 acquiring an additional 94,788 shares during the last quarter. Principal Financial Group Inc. increased its stake in Yum China by 8.9% in the 4th quarter. Principal Financial Group Inc. now owns 21,957,111 shares of the company’s stock worth $1,039,945,000 after purchasing an additional 1,787,450 shares during the period. Centiva Capital LP purchased a new position in Yum China in the 3rd quarter worth approximately $1,216,000. Finally, Massachusetts Financial Services Co. MA lifted its position in Yum China by 5.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,971,031 shares of the company’s stock valued at $237,317,000 after purchasing an additional 236,736 shares during the last quarter. 85.58% of the stock is owned by institutional investors.

Yum China Stock Performance

Yum China stock opened at $43.11 on Monday. The stock’s 50 day simple moving average is $43.82 and its two-hundred day simple moving average is $48.33. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.83 and a current ratio of 1.01. The stock has a market cap of $15.05 billion, a price-to-earnings ratio of 16.52, a PEG ratio of 1.20 and a beta of 0.10. Yum China has a fifty-two week low of $40.15 and a fifty-two week high of $58.39.

Yum China (NYSE:YUMC) last posted 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. Yum China had a return on equity of 15.11% and a net margin of 7.83%.The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.21 billion. During the same quarter in the prior year, the business earned $0.77 EPS. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. As a group, analysts expect that Yum China will post 2.94 earnings per share for the current fiscal year.

Yum China Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on YUMC shares. Weiss Ratings cut shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Wall Street Zen upgraded shares of Yum China from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from 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.