Bank of New York Mellon Corp bought a new position in Yum China (NYSE:YUMC - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,592,503 shares of the company's stock, valued at approximately $146,826,000. Bank of New York Mellon Corp owned approximately 1.03% of Yum China at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in Yum China by 3.0% in the first quarter. Principal Financial Group Inc. now owns 22,606,740 shares of the company's stock valued at $1,111,135,000 after acquiring an additional 649,629 shares during the period. Royal Bank of Canada grew its stake in shares of Yum China by 1.5% during the 4th quarter. Royal Bank of Canada now owns 11,135,203 shares of the company's stock valued at $531,593,000 after purchasing an additional 167,868 shares during the period. Dodge & Cox increased its position in shares of Yum China by 0.4% during the 4th quarter. Dodge & Cox now owns 8,553,962 shares of the company's stock valued at $408,366,000 after purchasing an additional 33,100 shares during the last quarter. Mondrian Investment Partners LTD boosted its holdings in shares of Yum China by 112.0% in the fourth 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 during the last quarter. Finally, Norges Bank purchased a new stake in shares of Yum China in the 4th quarter worth $280,656,000. 85.58% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other Yum China news, insider Jeff Kuai sold 14,586 shares of Yum China stock in a transaction on 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 directly 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 filing with the SEC, which is available at this link. Also, insider Duoduo (Howard) Huang sold 24,096 shares of the business's 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 completion of the sale, the insider owned 7,589 shares in the company, valued at approximately $357,290.12. This trade represents a 76.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.44% of the stock is owned by corporate insiders.
Yum China Price Performance
NYSE:YUMC opened at $49.47 on Monday. The business's 50-day moving average is $44.50 and its 200 day moving average is $47.85. Yum China has a 12 month low of $40.15 and a 12 month high of $58.39. The company has a market capitalization of $16.94 billion, a P/E ratio of 18.12, a P/E/G ratio of 1.30 and a beta of 0.09. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 0.01.
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 for the quarter, beating the consensus estimate of $0.67 by $0.03. The business had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.05 billion. Yum China had a return on equity of 15.82% and a net margin of 7.84%.The firm's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.58 EPS. On average, equities research analysts forecast that Yum China will post 2.95 earnings per share for the current fiscal year.
Yum China Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 2.3%. The ex-dividend date is Thursday, August 27th. Yum China's payout ratio is currently 42.49%.
Analyst Ratings Changes
Several research analysts have recently commented on YUMC shares. Wall Street Zen raised Yum China from a "hold" rating to a "buy" rating in a research note on Monday, August 17th. The Goldman Sachs Group reiterated a "buy" rating and issued a $59.00 price target on shares of Yum China in a research report on Thursday, July 30th. Finally, Weiss Ratings cut 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 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 price target of $59.21.
View Our Latest Stock Analysis on YUMC
About Yum China
(
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.
See Also
Want to see what other hedge funds are holding YUMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yum China (NYSE:YUMC - Free Report).
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