Temasek Holdings Private Ltd Sells 1,337,669 Shares of Yum China $YUMC

Temasek Holdings Private Ltd reduced its holdings in shares of Yum China (NYSE:YUMCFree Report) by 33.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,717,548 shares of the company’s stock after selling 1,337,669 shares during the period. Temasek Holdings Private Ltd’s holdings in Yum China were worth $132,562,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Duncker Streett & Co. Inc. bought a new position in Yum China in the fourth quarter valued at about $26,000. Main Street Group LTD bought a new position in shares of Yum China in the first quarter worth about $26,000. Elyxium Wealth LLC bought a new position in shares of Yum China in the fourth quarter worth about $27,000. Ascentis Independent Advisors acquired a new stake in shares of Yum China in the 1st quarter valued at approximately $27,000. Finally, Cresta Advisors Ltd. bought a new stake in shares of Yum China during the 4th quarter valued at approximately $28,000. 85.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Weiss Ratings cut shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Wall Street Zen lowered shares of Yum China from a “buy” rating to a “hold” rating in a research report on Saturday. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $59.05.

Check Out Our Latest Report on Yum China

Yum China Price Performance

Shares of YUMC opened at $42.80 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 1.01 and a debt-to-equity ratio of 0.01. The stock has a market cap of $14.94 billion, a PE ratio of 16.40, a PEG ratio of 1.23 and a beta of 0.10. Yum China has a 12-month low of $40.15 and a 12-month high of $58.39. The business has a 50-day simple moving average of $43.21 and a two-hundred day simple moving average of $48.10.

Yum China (NYSE:YUMCGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.87 EPS for the quarter, meeting analysts’ consensus estimates of $0.87. Yum China had a return on equity of 15.11% and a net margin of 7.83%.The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.21 billion. During the same period last year, the firm posted $0.77 earnings per share. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. Analysts anticipate that Yum China will post 2.94 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, May 27th were given a dividend of $0.29 per share. The ex-dividend date 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%.

Yum China 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.

Featured Articles

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:YUMCFree Report).

Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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.