Cibc World Market Inc. acquired a new position in shares of Yum China (NYSE:YUMC – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 244,306 shares of the company’s stock, valued at approximately $9,985,000. Cibc World Market Inc. owned approximately 0.07% of Yum China at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of YUMC. Main Street Group LTD acquired a new stake in shares of Yum China during the first quarter worth $26,000. Elyxium Wealth LLC acquired a new stake in Yum China in the 4th quarter valued at $27,000. Ascentis Independent Advisors purchased a new position in Yum China in the 1st quarter worth approximately $27,000. Cresta Advisors Ltd. acquired a new position in Yum China in the 4th quarter worth $28,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Yum China in the second quarter worth about $29,000. Institutional investors and hedge funds own 85.58% of the company’s stock.
Yum China Price Performance
YUMC opened at $48.85 on Tuesday. 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 firm has a market capitalization of $16.73 billion, a P/E ratio of 17.89, a PEG ratio of 1.30 and a beta of 0.09. The stock has a fifty day moving average of $44.59 and a 200-day moving average of $47.84. Yum China has a 12-month low of $40.15 and a 12-month high of $58.39.
Yum China Announces Dividend
The business 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 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, August 27th. Yum China’s dividend payout ratio is 42.49%.
Analyst Ratings Changes
A number of brokerages have recently issued reports on YUMC. 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. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $59.00 price objective on shares of Yum China in a report on Thursday, July 30th. Finally, Wall Street Zen raised Yum China from a “hold” rating to a “buy” rating in a report on Monday, August 17th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Yum China currently has an average rating of “Moderate Buy” and a consensus price target of $59.21.
Read Our Latest Stock Analysis on YUMC
Insiders Place Their Bets
In other Yum China news, insider Jeff Kuai sold 14,586 shares of the firm’s 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 sale, the insider directly owned 63,541 shares in the company, valued at $3,032,176.52. This trade represents a 18.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Duoduo (Howard) Huang sold 24,096 shares of Yum China stock in a transaction dated Tuesday, August 18th. The stock was 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 in the company, valued at approximately $357,290.12. This trade represents a 76.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.44% of the company’s stock.
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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