Long Corridor Asset Management Ltd Takes $817,000 Position in Yum China $YUMC

Long Corridor Asset Management Ltd purchased a new position in shares of Yum China (NYSE:YUMC) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 20,000 shares of the company’s stock, valued at approximately $817,000.

Several other large investors have also made changes to their positions in YUMC. Focus Partners Wealth lifted its stake in Yum China by 13.8% during the first quarter. Focus Partners Wealth now owns 21,289 shares of the company’s stock worth $1,108,000 after purchasing an additional 2,582 shares during the last quarter. Strs Ohio bought a new position in shares of Yum China in the 1st quarter valued at $99,000. EverSource Wealth Advisors LLC increased its stake in shares of Yum China by 60.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,522 shares of the company’s stock valued at $68,000 after purchasing an additional 576 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of Yum China during the 2nd quarter worth $14,659,000. Finally, Alliancebernstein L.P. raised its holdings in shares of Yum China by 13.1% during the 2nd quarter. Alliancebernstein L.P. now owns 5,871,382 shares of the company’s stock worth $262,509,000 after buying an additional 677,928 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Insider Activity

In other Yum China news, insider Jeff Kuai sold 14,586 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $47.72, for a total value of $696,043.92. Following the completion of the transaction, the insider directly owned 63,541 shares in the company, valued at approximately $3,032,176.52. This trade represents a 18.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Duoduo (Howard) Huang sold 24,096 shares of Yum China stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $47.08, for a total value of $1,134,439.68. Following the sale, the insider directly owned 7,589 shares in the company, valued at $357,290.12. The trade was a 76.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.44% of the stock is currently owned by company insiders.

Yum China Stock Performance

NYSE YUMC opened at $49.47 on Friday. The firm’s fifty day moving average price is $44.50 and its two-hundred day moving average price is $47.87. The stock has a market cap of $16.94 billion, a PE ratio of 18.12, a PEG ratio of 1.29 and a beta of 0.09. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.78 and a current ratio of 0.96. 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 announced its quarterly earnings results on Thursday, July 30th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. Yum China had a return on equity of 15.82% and a net margin of 7.84%.The company had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the prior year, the company earned $0.58 EPS. Yum China’s revenue was up 12.6% compared to the same quarter last year. On average, equities analysts expect that Yum China will post 2.95 EPS for the current fiscal year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, August 27th. Yum China’s dividend payout ratio is presently 42.49%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on YUMC shares. Wall Street Zen raised Yum China from a “hold” rating to a “buy” rating in a research note on Monday, August 17th. Weiss Ratings downgraded Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $59.00 target price on shares of Yum China in a report on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $59.21.

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.