442,625 Shares in Yum China $YUMC Purchased by BlackRock Inc.

Key Points

• BlackRock acquired 442,625 shares of Yum China during the second quarter, valued at approximately $18.1 million, giving it a 0.13% stake. Institutional investors collectively own 85.58% of the company.
• Yum China exceeded quarterly expectations, reporting $0.70 in EPS versus the $0.67 consensus and $3.14 billion in revenue, up 12.6% year over year. The company declared a quarterly dividend of $0.29 per share, representing a 2.7% yield.
• Analyst sentiment is generally positive, with Yum China receiving a “Moderate Buy” consensus rating and an average price target of $59.21, compared with a recent share price of $43.71.

BlackRock Inc. purchased a new position in shares of Yum China (NYSE:YUMC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 442,625 shares of the company's stock, valued at approximately $18,090,000. BlackRock Inc. owned about 0.13% of Yum China as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ashoka WhiteOak Capital Pte Ltd boosted its position 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 purchasing an additional 200 shares during the period. Glenview Trust Co raised its position in shares of Yum China by 4.3% in the fourth quarter. Glenview Trust Co now owns 4,904 shares of the company's stock valued at $234,000 after purchasing an additional 200 shares during the period. Truist Financial Corp lifted its stake in shares of Yum China by 0.3% during the 4th quarter. Truist Financial Corp now owns 68,009 shares of the company's stock worth $3,247,000 after buying an additional 211 shares during the last quarter. Biltmore Family Office LLC boosted its holdings in shares of Yum China by 3.1% during the 4th quarter. Biltmore Family Office LLC now owns 7,111 shares of the company's stock worth $339,000 after buying an additional 216 shares during the period. Finally, Williams Jones Wealth Management LLC. boosted its holdings in shares of Yum China by 2.7% during the 4th quarter. Williams Jones Wealth Management LLC. now owns 8,258 shares of the company's stock worth $394,000 after buying an additional 221 shares during the period. Institutional investors own 85.58% of the company's stock.

Yum China Stock Performance

NYSE:YUMC opened at $43.71 on Friday. Yum China has a twelve month low of $40.15 and a twelve month high of $58.39. The company has a quick ratio of 0.78, a current ratio of 0.96 and a debt-to-equity ratio of 0.01. The stock's 50-day simple moving average is $45.13 and its 200 day simple moving average is $47.25. The firm has a market capitalization 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.

Yum China (NYSE:YUMC - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.67 by $0.03. The firm had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.05 billion. Yum China had a return on equity of 15.82% and a net margin of 7.84%.The business's quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.58 earnings per share. On average, analysts anticipate that Yum China will post 2.95 EPS for the current fiscal year.

Yum China Dividend Announcement

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 paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, August 27th. Yum China's dividend payout ratio (DPR) is presently 42.49%.

Insiders Place Their Bets

In other news, insider Duoduo (Howard) Huang sold 24,096 shares of the company's stock in a transaction on 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 of the company's stock, valued at approximately $357,290.12. This represents a 76.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 sale, the insider owned 63,541 shares of the company's stock, valued at approximately $3,032,176.52. The trade was a 18.67% 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 insiders.

Wall Street Analysts Forecast Growth

YUMC has been the topic of several research analyst reports. The Goldman Sachs Group reissued a "buy" rating and issued a $59.00 price target on shares of Yum China in a report on Thursday, July 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Yum China in a report on Friday, August 21st. Finally, Wall Street Zen upgraded shares of Yum China from a "hold" rating to a "buy" rating in a research note on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Yum China presently has an average rating of "Moderate Buy" and a consensus price target of $59.21.

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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