Expect Equity LLC bought a new stake in Yum China (NYSE:YUMC – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 56,360 shares of the company’s stock, valued at approximately $2,303,000.
Several other hedge funds have also made changes to their positions in the company. Legal & General Group Plc acquired a new stake in shares of Yum China during the 2nd quarter worth approximately $76,294,000. The Manufacturers Life Insurance Company acquired a new position in Yum China in the second quarter valued at approximately $5,729,000. Aberdeen Wealth Management LLC acquired a new position in Yum China in the second quarter valued at approximately $33,000. Cibc World Market Inc. purchased a new position in Yum China in the second quarter worth approximately $9,985,000. Finally, OMERS ADMINISTRATION Corp purchased a new position in Yum China in the second quarter worth approximately $1,333,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.
Yum China Stock Performance
NYSE YUMC opened at $48.55 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.96 and a quick ratio of 0.78. The company has a market cap of $16.63 billion, a P/E ratio of 17.78, a P/E/G ratio of 1.29 and a beta of 0.09. The stock has a 50-day moving average of $44.69 and a two-hundred day moving average of $47.80. Yum China has a 1-year low of $40.15 and a 1-year high of $58.39.
Yum China Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors 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 yield of 2.4%. The ex-dividend date of this dividend is Thursday, August 27th. Yum China’s dividend payout ratio is presently 42.49%.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on YUMC shares. Wall Street Zen raised Yum China from a “hold” rating to a “buy” rating in a research note on Monday, August 17th. The Goldman Sachs Group reiterated a “buy” rating and set a $59.00 price target on shares of Yum China in a report on Thursday, July 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Yum China in a research report on Friday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Yum China currently has an average rating of “Moderate Buy” and an average price target of $59.21.
Check Out Our Latest Stock Report on Yum China
Insider Buying and Selling
In other news, insider Jeff Kuai sold 14,586 shares of the company’s stock in a transaction 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 sale, the insider owned 63,541 shares of the company’s stock, valued at approximately $3,032,176.52. This represents a 18.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Duoduo (Howard) Huang sold 24,096 shares of the stock in a transaction 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 completion of the sale, the insider owned 7,589 shares in the company, valued at approximately $357,290.12. The trade was a 76.05% 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 owned by corporate insiders.
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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