Polymer Capital Management HK LTD Purchases Shares of 34,150 Yum China $YUMC

Polymer Capital Management HK LTD acquired a new stake in Yum China (NYSE:YUMC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,150 shares of the company’s stock, valued at approximately $1,392,000.

Other institutional investors have also recently modified their holdings of the company. Ashoka WhiteOak Capital Pte Ltd boosted its position in Yum China by 0.7% in the fourth quarter. Ashoka WhiteOak Capital Pte Ltd now owns 28,350 shares of the company’s stock valued at $1,342,000 after buying an additional 200 shares during the last quarter. Glenview Trust Co raised its position in Yum China by 4.3% during the 4th quarter. Glenview Trust Co now owns 4,904 shares of the company’s stock worth $234,000 after buying an additional 200 shares during the last quarter. Truist Financial Corp raised its position in Yum China by 0.3% during the 4th quarter. Truist Financial Corp now owns 68,009 shares of the company’s stock worth $3,247,000 after buying an additional 211 shares during the last quarter. Biltmore Family Office LLC lifted its stake in Yum China by 3.1% during the 4th quarter. Biltmore Family Office LLC now owns 7,111 shares of the company’s stock valued at $339,000 after acquiring an additional 216 shares during the period. Finally, Williams Jones Wealth Management LLC. lifted its stake in Yum China by 2.7% during the 4th quarter. Williams Jones Wealth Management LLC. now owns 8,258 shares of the company’s stock valued at $394,000 after acquiring an additional 221 shares during the period. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Yum China Stock Down 0.1%

Shares of YUMC stock opened at $49.47 on Monday. The stock has a 50 day moving average of $44.50 and a 200 day moving average of $47.85. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 0.01. The stock has a market cap of $16.94 billion, a P/E ratio of 18.12, a P/E/G ratio of 1.30 and a beta of 0.09. Yum China has a twelve month low of $40.15 and a twelve month high of $58.39.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.67 by $0.03. The business had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.05 billion. Yum China had a return on equity of 15.82% and a net margin of 7.84%.The business’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.58 EPS. As a group, sell-side analysts expect that Yum China will post 2.95 EPS for the current year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, August 27th. Yum China’s payout ratio is currently 42.49%.

Insiders Place Their Bets

In related news, insider Duoduo (Howard) Huang sold 24,096 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $47.08, for a total transaction of $1,134,439.68. Following the sale, the insider directly owned 7,589 shares of the company’s stock, valued at approximately $357,290.12. This represents a 76.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jeff Kuai sold 14,586 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $47.72, for a total transaction of $696,043.92. Following the sale, the insider owned 63,541 shares in the company, valued at approximately $3,032,176.52. This represents a 18.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

YUMC has been the topic of a number of research reports. Wall Street Zen upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research note on Monday, August 17th. Weiss Ratings downgraded shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $59.00 price target on shares of Yum China in a report on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Yum China has a consensus rating of “Moderate Buy” and an average price target of $59.21.

Yum China Company 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.