Danske Bank A S Purchases New Holdings in Yum China $YUMC

Danske Bank A S bought a new stake in shares of Yum China (NYSE:YUMC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 894,727 shares of the company’s stock, valued at approximately $36,567,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pavion Blue Capital LLC acquired a new stake in shares of Yum China in the second quarter worth approximately $394,000. BlackRock Inc. acquired a new stake in Yum China during the 2nd quarter worth $18,090,000. Deutsche Bank AG purchased a new stake in shares of Yum China during the second quarter worth $39,056,000. Perigon Wealth Management LLC acquired a new stake in shares of Yum China in the second quarter valued at about $300,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Yum China in the second quarter valued at about $29,000. Hedge funds and other institutional investors own 85.58% of the company’s stock.

Yum China Stock Up 1.4%

Shares of YUMC opened at $47.53 on Thursday. The company’s 50-day moving average price is $44.29 and its 200 day moving average price is $47.86. Yum China has a 12-month low of $40.15 and a 12-month high of $58.39. 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 firm has a market cap of $16.28 billion, a P/E ratio of 17.41, a price-to-earnings-growth ratio of 1.23 and a beta of 0.09.

Yum China (NYSE:YUMC) last announced its earnings results on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.03. Yum China had a net margin of 7.84% and a return on equity of 15.82%. The company had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the firm posted $0.58 earnings per share. Yum China’s revenue was up 12.6% compared to the same quarter last year. On average, sell-side analysts forecast that Yum China will post 2.95 earnings per share for the current year.

Yum China Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.4%. Yum China’s dividend payout ratio (DPR) is presently 42.49%.

Analysts Set New Price Targets

YUMC has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of Yum China from a “hold” rating to a “buy” rating in a report on Monday. 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. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $59.00 target price on shares of Yum China in a research note on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Yum China currently has a consensus rating of “Moderate Buy” and an average target price of $59.21.

Insider Activity at Yum China

In other news, insider Jeff Kuai sold 14,586 shares of Yum China stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $47.72, for a total value of $696,043.92. Following the completion of the sale, the insider directly owned 63,541 shares of the company’s stock, valued at approximately $3,032,176.52. The trade was a 18.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Duoduo (Howard) Huang sold 24,096 shares of the business’s stock in a transaction 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 completion of the sale, the insider owned 7,589 shares in the company, valued at $357,290.12. This represents a 76.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.44% of the stock is currently owned by company insiders.

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.