NewEdge Advisors LLC Purchases 58,582 Shares of Yum China $YUMC

Key Points

• NewEdge Advisors increased its Yum China stake by 674.7% in the first quarter, acquiring 58,582 additional shares for a total of 67,265 shares valued at approximately $3.28 million. Institutional investors collectively own 85.58% of the company.
• Yum China reported quarterly earnings of $0.70 per share and revenue of $3.14 billion, exceeding analyst estimates; revenue rose 12.6% year over year.
• The company announced a quarterly dividend of $0.075 per share, equal to a 0.6% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $59.21, versus a recent share price of $47.89.

NewEdge Advisors LLC lifted its holdings in Yum China (NYSE:YUMC - Free Report) by 674.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,265 shares of the company's stock after acquiring an additional 58,582 shares during the quarter. NewEdge Advisors LLC's holdings in Yum China were worth $3,281,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. increased its holdings in shares of Yum China by 8.9% in the 4th quarter. Principal Financial Group Inc. now owns 21,957,111 shares of the company's stock valued at $1,039,945,000 after acquiring an additional 1,787,450 shares during the period. Teachers Retirement System of The State of Kentucky boosted its position in Yum China by 42.4% during the first 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 in the last quarter. Mondrian Investment Partners LTD boosted its position in Yum China by 112.0% during the fourth quarter. Mondrian Investment Partners LTD now owns 7,854,198 shares of the company's stock valued at $374,959,000 after purchasing an additional 4,148,966 shares in the last quarter. M&T Bank Corp grew its stake in Yum China by 271.1% in the fourth quarter. M&T Bank Corp now owns 171,689 shares of the company's stock valued at $8,196,000 after purchasing an additional 125,420 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in Yum China by 16.0% in the first quarter. Assetmark Inc. now owns 627,455 shares of the company's stock worth $30,607,000 after purchasing an additional 86,550 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Yum China Price Performance

Shares of YUMC opened at $47.89 on Thursday. The firm has a market capitalization of $16.40 billion, a PE ratio of 17.54, 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 current ratio of 1.01 and a quick ratio of 0.83. Yum China has a 1-year low of $40.15 and a 1-year high of $58.39. The company's fifty day moving average price is $43.86 and its 200-day moving average price is $47.95.

Yum China (NYSE:YUMC - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.03. The company had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.05 billion. Yum China had a return on equity of 15.73% and a net margin of 7.84%.The firm's quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the business posted $0.58 EPS. On average, equities research analysts predict that Yum China will post 2.95 EPS for the current year.

Yum China Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.6%. Yum China's payout ratio is 42.49%.

Analysts Set New Price Targets

Several research firms have commented on YUMC. The Goldman Sachs Group reissued a "buy" rating and set a $59.00 price target on shares of Yum China in a research report on Thursday, July 30th. 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. Finally, Wall Street Zen cut shares of Yum China from a "buy" rating to a "hold" rating in a research report on Sunday. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $59.21.

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.

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