Connor Clark & Lunn Investment Management Ltd. Buys Shares of 798,350 Yum China $YUMC

Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Yum China (NYSE:YUMCFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 798,350 shares of the company’s stock, valued at approximately $32,533,000. Connor Clark & Lunn Investment Management Ltd. owned about 0.23% of Yum China at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the stock. Focus Partners Wealth boosted its position in Yum China by 13.8% during the 1st quarter. Focus Partners Wealth now owns 21,289 shares of the company’s stock valued at $1,108,000 after purchasing an additional 2,582 shares during the period. Strs Ohio bought a new stake in Yum China in the first quarter valued at $99,000. EverSource Wealth Advisors LLC lifted its stake in Yum China by 60.9% in the second quarter. EverSource Wealth Advisors LLC now owns 1,522 shares of the company’s stock valued at $68,000 after buying an additional 576 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of Yum China during the second quarter valued at $14,659,000. Finally, Alliancebernstein L.P. grew its position in shares of Yum China by 13.1% during the second quarter. Alliancebernstein L.P. now owns 5,871,382 shares of the company’s stock worth $262,509,000 after acquiring an additional 677,928 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

Insider Activity

In related news, insider Duoduo (Howard) Huang sold 24,096 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were 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 $357,290.12. The trade was a 76.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jeff Kuai sold 14,586 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $47.72, for a total transaction of $696,043.92. Following the completion of the sale, the insider owned 63,541 shares in the company, valued at $3,032,176.52. The trade was a 18.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.44% of the stock is currently owned by insiders.

Analyst Ratings Changes

YUMC has been the topic of a number of analyst reports. Wall Street Zen raised shares of Yum China from a “hold” rating to a “buy” rating in a report on Monday, August 17th. The Goldman Sachs Group restated a “buy” rating and issued a $59.00 target price on shares of Yum China in a research report on Thursday, July 30th. Finally, Weiss Ratings cut Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Three investment 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, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $59.21.

Check Out Our Latest Report on Yum China

Yum China Stock Performance

Shares of NYSE YUMC opened at $48.85 on Tuesday. The stock has a fifty day moving average price of $44.59 and a two-hundred day moving average price of $47.84. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.78 and a current ratio of 0.96. The firm has a market cap of $16.73 billion, a P/E ratio of 17.89, a PEG ratio of 1.30 and a beta of 0.09. Yum China has a 1 year low of $40.15 and a 1 year high of $58.39.

Yum China (NYSE:YUMCGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.03. The company had revenue of $3.14 billion for 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% on a year-over-year basis. During the same period last year, the firm earned $0.58 EPS. Research analysts forecast that Yum China will post 2.95 EPS for the current fiscal year.

Yum China Dividend Announcement

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 $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, August 27th. Yum China’s payout ratio is presently 42.49%.

Yum China Company Profile

(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.

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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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