Cohen Capital Management Inc. Buys Shares of 19,950 Yum China $YUMC

Cohen Capital Management Inc. acquired a new position in Yum China (NYSE:YUMC) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 19,950 shares of the company’s stock, valued at approximately $815,000.

Several other large investors also recently modified their holdings of the company. Duncker Streett & Co. Inc. purchased a new stake in shares of Yum China during the 4th quarter valued at about $26,000. Main Street Group LTD purchased a new position in shares of Yum China during the 1st quarter valued at $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 bought a new position in Yum China in the 1st quarter worth approximately $27,000. Finally, Cresta Advisors Ltd. bought a new position in shares of Yum China during the fourth quarter worth $28,000. Institutional investors own 85.58% of the company’s stock.

Yum China Stock Up 1.5%

Shares of Yum China stock opened at $48.19 on Friday. 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 company has a market cap of $16.83 billion, a P/E ratio of 17.65, a PEG ratio of 1.25 and a beta of 0.09. The firm’s 50 day moving average price is $43.47 and its 200-day moving average price is $47.96. Yum China has a 52-week low of $40.15 and a 52-week high of $58.39.

Yum China (NYSE:YUMC) last posted its earnings results on Thursday, July 30th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. Yum China had a net margin of 7.84% and a return on equity of 15.73%. The company had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter in the prior year, the company posted $0.58 earnings per share. Yum China’s revenue for the quarter was up 12.6% compared to the same quarter last year. On average, sell-side analysts predict that Yum China will post 2.95 EPS for the current fiscal year.

Yum China Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be paid a $0.075 dividend. The ex-dividend date is Thursday, August 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.6%. Yum China’s dividend payout ratio (DPR) is 42.49%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Wall Street Zen raised Yum China from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. The Goldman Sachs Group reiterated a “buy” rating and issued a $59.00 price target on shares of Yum China in a report on Thursday, July 30th. Finally, Weiss Ratings lowered shares of 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $59.21.

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.