Yum China $YUMC Shares Sold by Legal & General Group Plc

Legal & General Group Plc trimmed its holdings in Yum China (NYSE:YUMC) by 14.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,965,415 shares of the company’s stock after selling 342,251 shares during the quarter. Legal & General Group Plc owned 0.54% of Yum China worth $93,639,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jackson Grant Investment Advisers Inc. lifted its stake in Yum China by 526.3% during the third quarter. Jackson Grant Investment Advisers Inc. now owns 595 shares of the company’s stock valued at $26,000 after buying an additional 500 shares in the last quarter. Duncker Streett & Co. Inc. purchased a new stake in Yum China during the fourth quarter valued at about $26,000. Elyxium Wealth LLC purchased a new stake in Yum China during the fourth quarter valued at about $27,000. Cresta Advisors Ltd. purchased a new stake in Yum China during the fourth quarter valued at about $28,000. Finally, Stone House Investment Management LLC lifted its stake in Yum China by 106.2% during the fourth quarter. Stone House Investment Management LLC now owns 629 shares of the company’s stock valued at $30,000 after buying an additional 324 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on YUMC shares. Wall Street Zen lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings lowered shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $58.50 price objective on shares of Yum China in a research note on Wednesday, February 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $63.64 price objective on shares of Yum China in a research note on Thursday, February 5th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.05.

Yum China Price Performance

Shares of YUMC opened at $43.10 on Friday. The company has a market capitalization of $15.05 billion, a price-to-earnings ratio of 16.51, a P/E/G ratio of 1.23 and a beta of 0.13. Yum China has a fifty-two week low of $41.69 and a fifty-two week high of $58.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.01 and a quick ratio of 0.83. The business’s 50-day moving average is $48.22 and its 200-day moving average is $49.40.

Yum China (NYSE:YUMC) last issued 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 company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.21 billion. Yum China had a return on equity of 15.11% and a net margin of 7.83%.The firm’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.77 EPS. Equities research analysts expect that Yum China will post 2.95 EPS for the current fiscal year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 27th will be issued a $0.29 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.7%. Yum China’s dividend payout ratio is currently 44.44%.

Yum China Profile

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.