Mediolanum International Funds Ltd acquired a new stake in Yum China (NYSE:YUMC – Free Report) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 18,998 shares of the company’s stock, valued at approximately $939,000.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Duncker Streett & Co. Inc. bought a new stake in shares of Yum China during the fourth quarter worth $26,000. Main Street Group LTD bought a new position in shares of Yum China in the 1st quarter valued at $26,000. Elyxium Wealth LLC acquired a new stake in shares of Yum China during the 4th quarter valued at $27,000. Ascentis Independent Advisors bought a new stake in Yum China during the 1st quarter worth $27,000. Finally, Cresta Advisors Ltd. bought a new stake in Yum China during the 4th quarter worth $28,000. Institutional investors and hedge funds own 85.58% of the company’s stock.
Yum China Price Performance
YUMC stock opened at $42.80 on Wednesday. The firm has a market cap of $14.94 billion, a price-to-earnings ratio of 16.40, a PEG ratio of 1.23 and a beta of 0.10. The company has a quick ratio of 0.83, a current ratio of 1.01 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 company’s fifty day simple moving average is $43.21 and its 200 day simple moving average is $48.10.
Yum China Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, May 27th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $1.16 annualized dividend and a yield of 2.7%. Yum China’s dividend payout ratio (DPR) is currently 44.44%.
Analyst Upgrades and Downgrades
Several research firms have commented on YUMC. Wall Street Zen downgraded Yum China from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings cut Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $59.05.
Check Out Our Latest Research Report on Yum China
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.
Read More
- Five stocks we like better than Yum China
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
Want to see what other hedge funds are holding YUMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yum China (NYSE:YUMC – Free Report).
Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.
