Avanda Investment Management Pte. Ltd. cut its holdings in shares of Yum China (NYSE:YUMC – Free Report) by 24.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 251,550 shares of the company’s stock after selling 80,700 shares during the quarter. Yum China comprises approximately 19.6% of Avanda Investment Management Pte. Ltd.’s holdings, making the stock its 2nd biggest position. Avanda Investment Management Pte. Ltd.’s holdings in Yum China were worth $12,365,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ABC Arbitrage SA purchased a new stake in shares of Yum China during the first quarter worth $918,000. Principal Financial Group Inc. grew its position in shares of 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 purchasing an additional 649,629 shares in the last quarter. Matthews International Capital Management LLC raised its stake in shares of Yum China by 77.8% during the 1st quarter. Matthews International Capital Management LLC now owns 554,911 shares of the company’s stock valued at $27,069,000 after purchasing an additional 242,785 shares during the period. AMF Tjanstepension AB raised its stake in shares of Yum China by 16.8% during the 1st quarter. AMF Tjanstepension AB now owns 44,506 shares of the company’s stock valued at $2,171,000 after purchasing an additional 6,406 shares during the period. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in Yum China by 42.4% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 752,360 shares of the company’s stock worth $36,701,000 after purchasing an additional 224,060 shares in the last quarter. Institutional investors own 85.58% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have commented on YUMC. Weiss Ratings downgraded Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. Wall Street Zen upgraded Yum China from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $59.05.
Yum China Stock Down 1.2%
YUMC opened at $43.35 on Wednesday. The firm has a market capitalization of $15.14 billion, a P/E ratio of 16.61, a price-to-earnings-growth ratio of 1.23 and a beta of 0.10. Yum China has a one year low of $40.15 and a one year high of $58.39. The company has a fifty day moving average price of $43.63 and a 200-day moving average price of $48.27. 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 (NYSE:YUMC – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.87 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.87. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.21 billion. Yum China had a return on equity of 15.11% and a net margin of 7.83%.The firm’s revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.77 earnings per share. Equities research analysts expect that Yum China will post 2.94 earnings per share for the current fiscal year.
Yum China Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, May 27th were paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Wednesday, May 27th. Yum China’s dividend payout ratio is currently 44.44%.
About Yum China
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
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
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.
