Deutsche Bank AG Takes $39.06 Million Position in Yum China $YUMC

Deutsche Bank AG purchased a new position in shares of Yum China (NYSE:YUMCFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 955,626 shares of the company’s stock, valued at approximately $39,056,000.

Other hedge funds have also bought and sold shares of the company. Focus Partners Wealth lifted its holdings in Yum China by 13.8% during the 1st quarter. Focus Partners Wealth now owns 21,289 shares of the company’s stock worth $1,108,000 after buying an additional 2,582 shares during the last quarter. Strs Ohio bought a new stake in shares of Yum China in the 1st quarter valued at approximately $99,000. EverSource Wealth Advisors LLC raised its position in shares of Yum China by 60.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,522 shares of the company’s stock valued at $68,000 after acquiring an additional 576 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of Yum China during the 2nd quarter valued at approximately $14,659,000. Finally, Alliancebernstein L.P. lifted its stake in 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 purchasing an additional 677,928 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have commented on YUMC. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $59.00 price objective on shares of Yum China in a report on Thursday, July 30th. Weiss Ratings cut shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research report on Monday, August 17th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Yum China presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.21.

Check Out Our Latest Research Report on YUMC

Insiders Place Their Bets

In related news, insider Duoduo (Howard) Huang sold 24,096 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $357,290.12. This represents a 76.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jeff Kuai sold 14,586 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $47.72, for a total transaction of $696,043.92. Following the completion of the transaction, the insider owned 63,541 shares of the company’s stock, valued at $3,032,176.52. This represents a 18.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.44% of the stock is currently owned by company insiders.

Yum China Stock Performance

Shares of NYSE YUMC opened at $49.47 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 0.01. The stock has a 50 day simple moving average of $44.50 and a 200-day simple moving average of $47.87. The company has a market cap of $16.94 billion, a PE ratio of 18.12, a P/E/G ratio of 1.29 and a beta of 0.09. Yum China has a 12-month low of $40.15 and a 12-month high of $58.39.

Yum China (NYSE:YUMCGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same period in the prior year, the company posted $0.58 EPS. The business’s revenue for the quarter was up 12.6% compared to the same quarter last year. On average, equities research analysts forecast that Yum China will post 2.95 EPS for the current year.

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.16 annualized dividend and a dividend yield of 2.3%. Yum China’s dividend payout ratio is presently 42.49%.

About Yum China

(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.

Further Reading

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

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