Lazard Asset Management LLC Sells 151,940 Shares of Yum China $YUMC

Lazard Asset Management LLC decreased its position in shares of Yum China (NYSE:YUMCFree Report) by 30.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 352,735 shares of the company’s stock after selling 151,940 shares during the period. Lazard Asset Management LLC’s holdings in Yum China were worth $17,206,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. OMERS ADMINISTRATION Corp raised its position in shares of Yum China by 211.3% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 32,705 shares of the company’s stock valued at $1,608,000 after purchasing an additional 22,200 shares during the period. Cloverfields Capital Group LP lifted its stake in shares of Yum China by 1.4% during the 1st quarter. Cloverfields Capital Group LP now owns 57,020 shares of the company’s stock valued at $2,781,000 after buying an additional 773 shares in the last quarter. Inceptionr LLC boosted its holdings in Yum China by 95.1% in the 1st quarter. Inceptionr LLC now owns 45,287 shares of the company’s stock worth $2,209,000 after buying an additional 22,072 shares during the period. Gibbs Wealth Management purchased a new stake in Yum China in the 1st quarter worth $351,000. Finally, Sei Investments Co. increased its stake in Yum China by 18.2% in the 1st quarter. Sei Investments Co. now owns 142,948 shares of the company’s stock worth $6,973,000 after buying an additional 22,055 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

YUMC has been the topic of several research analyst reports. Weiss Ratings downgraded Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Wall Street Zen cut Yum China from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Three 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, Yum China has a consensus rating of “Moderate Buy” and an average target price of $59.05.

Check Out Our Latest Stock Analysis on YUMC

Yum China Price Performance

YUMC stock opened at $45.77 on Thursday. Yum China has a one year low of $40.15 and a one year high of $58.39. The company’s fifty day moving average price is $43.04 and its 200-day moving average price is $47.96. 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 company has a market capitalization of $15.98 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 1.27 and a beta of 0.10.

Yum China (NYSE:YUMCGet Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.87 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.87. The firm 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%. Yum China’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.77 earnings per share. On average, equities analysts anticipate that Yum China will post 2.94 EPS for the current fiscal year.

Yum China Company Profile

(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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