Cibc World Market Inc. Invests $9.98 Million in Yum China $YUMC

Cibc World Market Inc. acquired a new stake in shares of Yum China (NYSE:YUMC) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 244,306 shares of the company’s stock, valued at approximately $9,985,000.

Several other large investors have also made changes to their positions in YUMC. Ashoka WhiteOak Capital Pte Ltd grew its stake in Yum China by 0.7% during the fourth quarter. Ashoka WhiteOak Capital Pte Ltd now owns 28,350 shares of the company’s stock worth $1,342,000 after buying an additional 200 shares during the last quarter. Glenview Trust Co increased its stake in shares of Yum China by 4.3% in the 4th quarter. Glenview Trust Co now owns 4,904 shares of the company’s stock valued at $234,000 after buying an additional 200 shares during the period. Truist Financial Corp increased its position in Yum China by 0.3% in the fourth quarter. Truist Financial Corp now owns 68,009 shares of the company’s stock worth $3,247,000 after purchasing an additional 211 shares during the period. Biltmore Family Office LLC lifted its position in Yum China by 3.1% during the 4th quarter. Biltmore Family Office LLC now owns 7,111 shares of the company’s stock valued at $339,000 after purchasing an additional 216 shares during the period. Finally, Williams Jones Wealth Management LLC. lifted its position in Yum China by 2.7% during the 4th quarter. Williams Jones Wealth Management LLC. now owns 8,258 shares of the company’s stock valued at $394,000 after purchasing an additional 221 shares during the period. Institutional investors own 85.58% of the company’s stock.

Yum China Trading Down 1.4%

Shares of NYSE:YUMC opened at $48.85 on Tuesday. The company’s 50-day moving average price is $44.59 and its two-hundred day moving average price is $47.84. Yum China has a one year low of $40.15 and a one year high of $58.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.96 and a quick ratio of 0.78. The stock has a market capitalization of $16.73 billion, a PE ratio of 17.89, a price-to-earnings-growth ratio of 1.30 and a beta of 0.09.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate 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 quarter last year, the company earned $0.58 EPS. Yum China’s revenue for the quarter was up 12.6% compared to the same quarter last year. On average, equities analysts forecast that Yum China will post 2.95 EPS for the current fiscal year.

Yum China Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, August 27th. Yum China’s dividend payout ratio is presently 42.49%.

Insiders Place Their Bets

In other news, insider Jeff Kuai sold 14,586 shares of Yum China stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $47.72, for a total value of $696,043.92. Following the completion of the transaction, the insider owned 63,541 shares of the company’s stock, valued at $3,032,176.52. This trade represents a 18.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Duoduo (Howard) Huang sold 24,096 shares of Yum China stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $47.08, for a total value of $1,134,439.68. Following the transaction, the insider owned 7,589 shares of the company’s stock, valued at $357,290.12. The trade was a 76.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

YUMC has been the subject of several analyst reports. Wall Street Zen upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research report on Monday, August 17th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $59.00 price objective on shares of Yum China in a research note on Thursday, July 30th. Finally, Weiss Ratings lowered shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $59.21.

About Yum China

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.