Public Employees Retirement System of Ohio Takes Position in Yum China $YUMC

Public Employees Retirement System of Ohio purchased a new stake in Yum China (NYSE:YUMC) during the 2nd quarter, Holdings Channel reports. The firm purchased 132,632 shares of the company’s stock, valued at approximately $5,412,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Focus Partners Wealth increased its holdings in shares of Yum China by 13.8% during the first quarter. Focus Partners Wealth now owns 21,289 shares of the company’s stock valued at $1,108,000 after purchasing an additional 2,582 shares during the period. Strs Ohio acquired a new stake in Yum China in the first quarter worth about $99,000. EverSource Wealth Advisors LLC grew its position in Yum China by 60.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,522 shares of the company’s stock valued at $68,000 after buying an additional 576 shares in the last quarter. Qube Research & Technologies Ltd bought a new position in Yum China in the 2nd quarter valued at about $14,659,000. Finally, Alliancebernstein L.P. increased its stake in Yum China by 13.1% during the 2nd quarter. Alliancebernstein L.P. now owns 5,871,382 shares of the company’s stock valued at $262,509,000 after buying an additional 677,928 shares during the period. 85.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on YUMC shares. Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a research report on Friday, August 21st. The Goldman Sachs Group reiterated a “buy” rating and issued a $59.00 price objective on shares of Yum China in a report on Thursday, July 30th. Finally, Wall Street Zen upgraded shares of Yum China from a “hold” rating to a “buy” rating in a research note on Monday, August 17th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Yum China presently has an average rating of “Moderate Buy” and a consensus price target of $59.21.

Yum China Stock Down 0.2%

Shares of Yum China stock opened at $44.77 on Thursday. Yum China has a 12-month low of $40.15 and a 12-month high of $58.39. The firm has a market capitalization of $15.33 billion, a PE ratio of 16.40, a price-to-earnings-growth ratio of 1.18 and a beta of 0.08. The company has a quick ratio of 0.78, a current ratio of 0.96 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is $45.06 and its 200-day moving average is $47.33.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. The business had revenue of $3.14 billion during 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%.Yum China’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter last year, the company posted $0.58 EPS. Equities analysts anticipate that Yum China will post 2.95 earnings per share for the current year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Thursday, August 27th. Yum China’s dividend payout ratio (DPR) is presently 42.49%.

Insider Activity

In other news, insider Duoduo (Howard) Huang sold 24,096 shares of Yum China stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $47.08, for a total value of $1,134,439.68. Following the transaction, the insider directly owned 7,589 shares of the company’s stock, valued at $357,290.12. This trade represents a 76.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jeff Kuai sold 14,586 shares of the business’s stock in a transaction that occurred 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 $3,032,176.52. This represents a 18.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.44% of the company’s stock.

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.