Corient Private Wealth LP bought a new stake in shares of Yum China (NYSE:YUMC – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 36,409 shares of the company’s stock, valued at approximately $1,488,000.
A number of other large investors also recently added to or reduced their stakes in the business. Ashoka WhiteOak Capital Pte Ltd boosted its stake in Yum China by 0.7% in the 4th quarter. Ashoka WhiteOak Capital Pte Ltd now owns 28,350 shares of the company’s stock worth $1,342,000 after purchasing an additional 200 shares during the period. Glenview Trust Co raised its position in shares of Yum China by 4.3% during the fourth 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 last quarter. Truist Financial Corp raised its position in shares of Yum China by 0.3% during the fourth quarter. Truist Financial Corp now owns 68,009 shares of the company’s stock valued at $3,247,000 after buying an additional 211 shares during the last quarter. Biltmore Family Office LLC lifted its holdings in shares of Yum China by 3.1% in the fourth quarter. Biltmore Family Office LLC now owns 7,111 shares of the company’s stock worth $339,000 after buying an additional 216 shares in the last quarter. Finally, Williams Jones Wealth Management LLC. boosted its position in shares of Yum China by 2.7% during the fourth quarter. Williams Jones Wealth Management LLC. now owns 8,258 shares of the company’s stock worth $394,000 after acquiring an additional 221 shares during the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
YUMC has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Yum China in a research note on Friday, August 21st. The Goldman Sachs Group reiterated a “buy” rating and issued a $59.00 price target on shares of Yum China in a research note on Thursday, July 30th. Finally, Wall Street Zen raised shares of Yum China from a “hold” rating to a “buy” rating in a report on Monday, August 17th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Yum China presently has an average rating of “Moderate Buy” and a consensus price target of $59.21.
Yum China Trading Down 2.3%
YUMC stock opened at $43.71 on Friday. The firm has a fifty day moving average price of $45.13 and a 200 day moving average price of $47.25. Yum China has a fifty-two week low of $40.15 and a fifty-two week high of $58.39. The firm has a market cap of $14.97 billion, a PE ratio of 16.01, a price-to-earnings-growth ratio of 1.18 and a beta of 0.08. 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 (NYSE:YUMC – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. Yum China had a net margin of 7.84% and a return on equity of 15.82%. The company had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter in the prior year, the firm earned $0.58 earnings per share. Yum China’s revenue was up 12.6% on a year-over-year basis. Sell-side analysts anticipate that Yum China will post 2.95 earnings per share for the current fiscal year.
Yum China Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, August 27th. Yum China’s dividend payout ratio is currently 42.49%.
Insider Activity
In related news, insider Jeff Kuai sold 14,586 shares of the 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 approximately $3,032,176.52. This trade represents a 18.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 completion of the transaction, the insider owned 7,589 shares of the company’s stock, valued at approximately $357,290.12. This represents a 76.05% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.44% of the stock is currently owned by corporate insiders.
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.
Further Reading
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