Palouse Capital Management Inc. reduced its holdings in shares of Yum China (NYSE:YUMC – Free Report) by 87.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,577 shares of the company’s stock after selling 18,119 shares during the quarter. Palouse Capital Management Inc.’s holdings in Yum China were worth $126,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the business. Duncker Streett & Co. Inc. acquired a new stake in Yum China during the 4th quarter valued at $26,000. Elyxium Wealth LLC acquired a new position in shares of Yum China in the fourth quarter valued at $27,000. Cresta Advisors Ltd. acquired a new position in shares of Yum China in the fourth quarter valued at $28,000. Stone House Investment Management LLC raised its position in shares of Yum China by 106.2% in the fourth quarter. Stone House Investment Management LLC now owns 629 shares of the company’s stock valued at $30,000 after purchasing an additional 324 shares during the period. Finally, MBM Wealth Consultants LLC bought a new position in shares of Yum China in the first quarter valued at about $37,000. 85.58% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages recently commented on YUMC. Wall Street Zen raised shares of Yum China from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Weiss Ratings cut shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $59.05.
Yum China Stock Performance
NYSE:YUMC opened at $40.94 on Thursday. The stock has a 50 day simple moving average of $44.65 and a 200 day simple moving average of $48.62. The stock has a market cap of $14.29 billion, a P/E ratio of 15.69, a PEG ratio of 1.14 and a beta of 0.10. Yum China has a 1-year low of $40.15 and a 1-year high of $58.39. 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 issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.87 EPS for the quarter, meeting analysts’ consensus estimates of $0.87. The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.21 billion. Yum China had a return on equity of 15.11% and a net margin of 7.83%.The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.77 EPS. Research analysts anticipate that Yum China will post 2.94 earnings per share for the current year.
Yum China Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 27th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Wednesday, May 27th. Yum China’s payout ratio is presently 44.44%.
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.
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