Altman Advisors Inc. acquired a new position in shares of Yum China (NYSE:YUMC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 41,041 shares of the company's stock, valued at approximately $1,677,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its stake in Yum China by 8.9% during the fourth 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 last quarter. Teachers Retirement System of The State of Kentucky increased its stake in shares of Yum China by 42.4% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 752,360 shares of the company's stock valued at $36,701,000 after purchasing an additional 224,060 shares during the last quarter. Mondrian Investment Partners LTD raised its holdings in shares of Yum China by 112.0% during the 4th quarter. Mondrian Investment Partners LTD now owns 7,854,198 shares of the company's stock worth $374,959,000 after buying an additional 4,148,966 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Yum China by 16.0% during the 1st quarter. Assetmark Inc. now owns 627,455 shares of the company's stock worth $30,607,000 after buying an additional 86,550 shares in the last quarter. Finally, M&T Bank Corp lifted its position in shares of Yum China by 271.1% during the 4th quarter. M&T Bank Corp now owns 171,689 shares of the company's stock worth $8,196,000 after buying an additional 125,420 shares during the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.
Yum China Stock Up 2.8%
Yum China stock opened at $48.89 on Friday. The stock has a market cap of $16.74 billion, a PE ratio of 17.91, a price-to-earnings-growth ratio of 1.25 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. The firm's 50-day simple moving average is $44.40 and its 200 day simple moving average is $47.86. Yum China has a fifty-two week low of $40.15 and a fifty-two week high of $58.39.
Yum China (NYSE:YUMC - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.03. The company had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.05 billion. Yum China had a net margin of 7.84% and a return on equity of 15.82%. The firm's quarterly revenue was up 12.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.58 EPS. Research analysts predict that Yum China will post 2.95 EPS for the current fiscal year.
Yum China Announces Dividend
The company also recently declared 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 dividend on an annualized basis 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 currently 42.49%.
Insider Buying and Selling at Yum China
In related news, insider Jeff Kuai sold 14,586 shares of Yum China 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 sale, 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 SEC, which can be accessed through this hyperlink. Also, insider Duoduo (Howard) Huang sold 24,096 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $47.08, for a total transaction of $1,134,439.68. Following the transaction, the insider owned 7,589 shares of the company's stock, valued at $357,290.12. This represents a 76.05% decrease in their position. The SEC filing for this sale provides additional information. 0.44% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
A number of analysts have weighed in on the stock. The Goldman Sachs Group restated a "buy" rating and issued a $59.00 target price on shares of Yum China in a research report on Thursday, July 30th. Weiss Ratings lowered Yum China from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, May 26th. Finally, Wall Street Zen raised Yum China from a "hold" rating to a "buy" rating in a report on Monday. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $59.21.
Get Our Latest Research Report on Yum China
Yum China Profile
(
Free Report)
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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