Pictet Asset Management Holding SA Decreases Position in Yum China $YUMC

Pictet Asset Management Holding SA lessened its position in Yum China (NYSE:YUMC) by 15.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 402,688 shares of the company’s stock after selling 75,150 shares during the period. Pictet Asset Management Holding SA’s holdings in Yum China were worth $19,789,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Focus Partners Wealth raised its holdings in Yum China by 13.8% in the 1st quarter. Focus Partners Wealth now owns 21,289 shares of the company’s stock worth $1,108,000 after acquiring an additional 2,582 shares during the last quarter. Strs Ohio purchased a new stake in Yum China during the 1st quarter valued at $99,000. EverSource Wealth Advisors LLC increased its holdings in shares of Yum China by 60.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,522 shares of the company’s stock worth $68,000 after purchasing an additional 576 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Yum China in the 2nd quarter worth $14,659,000. Finally, Alliancebernstein L.P. raised its stake in shares of Yum China by 13.1% in 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. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Yum China Trading Up 0.2%

Shares of YUMC stock opened at $40.94 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.83 and a debt-to-equity ratio of 0.01. Yum China has a 12-month low of $40.15 and a 12-month high of $58.39. The stock has a market capitalization of $14.29 billion, a P/E ratio of 15.69, a P/E/G ratio of 1.14 and a beta of 0.10. The firm’s 50 day moving average is $44.65 and its 200 day moving average is $48.62.

Yum China (NYSE:YUMC) last announced its earnings results on Wednesday, April 29th. The company reported $0.87 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.87. The business had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.21 billion. Yum China had a net margin of 7.83% and a return on equity of 15.11%. The company’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.77 EPS. Research analysts expect that Yum China will post 2.94 earnings per share for the current year.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, May 27th were issued a $0.29 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $1.16 annualized dividend and a dividend yield of 2.8%. Yum China’s payout ratio is presently 44.44%.

Wall Street Analyst Weigh In

Several research firms recently commented 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 research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $59.05.

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.