Hsbc Holdings PLC bought a new position in Yum China (NYSE:YUMC – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund bought 1,511,774 shares of the company’s stock, valued at approximately $61,637,000.
Other institutional investors have also made changes to their positions in the company. Main Street Group LTD acquired a new stake in shares of Yum China during the 1st quarter valued at approximately $26,000. Elyxium Wealth LLC acquired a new position in Yum China in the fourth quarter worth $27,000. Ascentis Independent Advisors acquired a new position in Yum China in the first quarter worth $27,000. Cresta Advisors Ltd. bought a new stake in Yum China during the fourth quarter valued at $28,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Yum China during the second quarter valued at $29,000. 85.58% of the stock is currently owned by institutional investors.
Insider Activity
In other Yum China news, insider Jeff Kuai sold 14,586 shares of the firm’s stock in a transaction that occurred 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 owned 63,541 shares in the company, valued at approximately $3,032,176.52. This trade represents a 18.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Duoduo (Howard) Huang sold 24,096 shares of the firm’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 transaction of $1,134,439.68. Following the completion of the sale, the insider owned 7,589 shares in the company, valued at $357,290.12. The trade was a 76.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.44% of the company’s stock.
Yum China Price Performance
Yum China (NYSE:YUMC – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. Yum China had a return on equity of 15.82% and a net margin of 7.84%.The company had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same period last year, the business posted $0.58 earnings per share. The firm’s quarterly revenue was up 12.6% compared to the same quarter last year. On average, research analysts forecast that Yum China will post 2.95 earnings per share for the current year.
Yum China Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be given a $0.29 dividend. The ex-dividend date is Thursday, August 27th. This represents a $1.16 annualized dividend and a yield of 2.5%. Yum China’s dividend payout ratio (DPR) is currently 42.49%.
Wall Street Analysts Forecast Growth
YUMC has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research report on Monday, August 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Yum China in a research report on Friday, August 21st. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $59.00 price objective on shares of Yum China in a research note on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $59.21.
Get Our Latest Stock Report on Yum China
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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