Pictet Asset Management Holding SA decreased its holdings in Yum China (NYSE:YUMC – Free Report) by 15.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 402,688 shares of the company’s stock after selling 75,150 shares during the quarter. Pictet Asset Management Holding SA owned about 0.11% of Yum China worth $19,789,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in YUMC. Duncker Streett & Co. Inc. purchased a new stake in shares of Yum China in the 4th quarter worth about $26,000. Elyxium Wealth LLC bought a new stake in shares of Yum China during the 4th quarter valued at about $27,000. Cresta Advisors Ltd. purchased a new position in shares of Yum China during the fourth quarter valued at about $28,000. Stone House Investment Management LLC boosted its position in Yum China by 106.2% during the 4th quarter. Stone House Investment Management LLC now owns 629 shares of the company’s stock valued at $30,000 after acquiring an additional 324 shares in the last quarter. Finally, MBM Wealth Consultants LLC bought a new stake in Yum China during the 1st quarter valued at approximately $37,000. 85.58% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several brokerages have recently issued reports on YUMC. Wall Street Zen raised Yum China from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Weiss Ratings lowered Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $59.05.
Yum China Price Performance
YUMC stock opened at $40.94 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.83 and a current ratio of 1.01. The firm has a 50 day moving average price of $44.65 and a 200-day moving average price of $48.62. Yum China has a 52-week low of $40.15 and a 52-week high of $58.39. The firm has a market capitalization of $14.29 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 1.14 and a beta of 0.10.
Yum China (NYSE:YUMC – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.87 earnings per share for the quarter, hitting the consensus estimate 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 quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.77 EPS. Equities research analysts forecast that Yum China will post 2.94 EPS for the current fiscal year.
Yum China Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 27th were paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend 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.
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