Bank of New York Mellon Corp Raises Stock Position in Yum China $YUMC

Bank of New York Mellon Corp boosted its position in shares of Yum China (NYSE:YUMC) by 3.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,113,768 shares of the company’s stock after acquiring an additional 137,060 shares during the period. Bank of New York Mellon Corp’s holdings in Yum China were worth $176,563,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of YUMC. Quent Capital LLC purchased a new stake in shares of Yum China during the 3rd quarter valued at $28,000. Bell Investment Advisors Inc increased its position in Yum China by 95.6% during the 2nd quarter. Bell Investment Advisors Inc now owns 665 shares of the company’s stock valued at $30,000 after buying an additional 325 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Yum China in the second quarter valued at about $45,000. Hantz Financial Services Inc. boosted its holdings in Yum China by 76.3% in the second quarter. Hantz Financial Services Inc. now owns 1,070 shares of the company’s stock worth $48,000 after acquiring an additional 463 shares in the last quarter. Finally, Caldwell Trust Co purchased a new stake in shares of Yum China during the second quarter worth about $56,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Yum China Trading Down 2.1%

NYSE YUMC opened at $49.43 on Friday. Yum China has a 1 year low of $41.00 and a 1 year high of $53.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.32 and a quick ratio of 1.15. The company has a market capitalization of $17.86 billion, a PE ratio of 20.51, a P/E/G ratio of 1.62 and a beta of 0.14. The company has a fifty day moving average of $48.06 and a 200 day moving average of $46.00.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.76 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.76. The business had revenue of $3.21 billion during the quarter, compared to analyst estimates of $3.20 billion. Yum China had a return on equity of 14.08% and a net margin of 7.81%.The company’s revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the business posted $0.77 EPS. Research analysts forecast that Yum China will post 2.54 earnings per share for the current year.

Yum China declared that its Board of Directors has initiated a share repurchase program on Friday, December 12th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 5.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Yum China Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.9%. Yum China’s dividend payout ratio (DPR) is presently 39.83%.

Insider Activity

In other Yum China news, insider Duoduo (Howard) Huang sold 4,888 shares of Yum China stock in a transaction on Monday, November 24th. The shares were sold at an average price of $48.10, for a total value of $235,112.80. Following the completion of the transaction, the insider owned 22,510 shares of the company’s stock, valued at approximately $1,082,731. The trade was a 17.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeff Kuai sold 5,167 shares of the stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $48.00, for a total transaction of $248,016.00. Following the sale, the insider directly owned 56,602 shares in the company, valued at approximately $2,716,896. The trade was a 8.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 18,242 shares of company stock valued at $878,397 in the last three months. 0.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently commented on YUMC. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Yum China in a research report on Wednesday, January 21st. CLSA reaffirmed an “outperform” rating and issued a $55.00 price target on shares of Yum China in a report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $55.00.

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.