Madison Asset Management LLC bought a new stake in shares of Yum China (NYSE:YUMC – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 73,095 shares of the company’s stock, valued at approximately $2,987,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Yum China during the fourth quarter worth approximately $280,656,000. Mondrian Investment Partners LTD grew its stake 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 acquiring an additional 4,148,966 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Yum China during the second quarter worth $146,826,000. Principal Financial Group Inc. raised its stake in Yum China by 8.9% during 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 purchasing an additional 1,787,450 shares during the last quarter. Finally, Alberta Investment Management Corp acquired a new position in Yum China during the 2nd quarter valued at $53,131,000. Institutional investors and hedge funds own 85.58% of the company’s stock.
Insider Activity
In other news, insider Jeff Kuai sold 14,586 shares of Yum China stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $47.72, for a total transaction of $696,043.92. Following the sale, the insider directly owned 63,541 shares in the company, valued at approximately $3,032,176.52. The trade was a 18.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Duoduo (Howard) Huang sold 24,096 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were 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 directly owned 7,589 shares in the company, valued at approximately $357,290.12. The trade was 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 insiders.
Yum China Stock Performance
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. Yum China had a return on equity of 15.82% and a net margin of 7.84%.The firm had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same period last year, the business earned $0.58 earnings per share. Yum China’s quarterly revenue was up 12.6% compared to the same quarter last year. Sell-side analysts forecast that Yum China will post 2.95 EPS for the current year.
Yum China Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be issued 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 (DPR) is presently 42.49%.
Analyst Ratings Changes
Several research firms have issued reports on YUMC. The Goldman Sachs Group restated a “buy” rating and issued 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 report on Tuesday, May 26th. Finally, Wall Street Zen upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research note on Monday. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $59.21.
Read Our Latest Report on YUMC
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.
See Also
- Five stocks we like better than Yum China
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
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).
Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.
