Northwestern Mutual Wealth Management Co. Takes Position in Yum China $YUMC

Northwestern Mutual Wealth Management Co. bought a new position in shares of Yum China (NYSE:YUMCFree Report) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 10,784 shares of the company’s stock, valued at approximately $441,000.

Several other large investors have also recently bought and sold shares of YUMC. Ashoka WhiteOak Capital Pte Ltd increased its position in shares of Yum China by 0.7% during the 4th quarter. Ashoka WhiteOak Capital Pte Ltd now owns 28,350 shares of the company’s stock worth $1,342,000 after purchasing an additional 200 shares during the last quarter. Glenview Trust Co raised its position in Yum China by 4.3% during the fourth quarter. Glenview Trust Co now owns 4,904 shares of the company’s stock worth $234,000 after acquiring an additional 200 shares in the last quarter. Truist Financial Corp raised its position in Yum China by 0.3% during the fourth quarter. Truist Financial Corp now owns 68,009 shares of the company’s stock worth $3,247,000 after acquiring an additional 211 shares in the last quarter. Biltmore Family Office LLC lifted its stake in Yum China by 3.1% in the fourth 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 last quarter. Finally, Williams Jones Wealth Management LLC. grew its position in shares of Yum China by 2.7% in 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 owned by institutional investors and hedge funds.

Yum China Price Performance

Shares of NYSE YUMC opened at $47.17 on Thursday. The firm has a market cap of $16.15 billion, a P/E ratio of 17.28, a price-to-earnings-growth ratio of 1.28 and a beta of 0.09. The business’s 50 day moving average is $44.77 and its 200-day moving average is $47.74. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 0.01. Yum China has a 1-year low of $40.15 and a 1-year high of $58.39.

Yum China (NYSE:YUMCGet Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.03. Yum China had a return on equity of 15.82% and a net margin of 7.84%.The business had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the previous year, the company posted $0.58 EPS. The firm’s quarterly revenue was up 12.6% on a year-over-year basis. Equities research analysts predict that Yum China will post 2.95 earnings per share for the current year.

Yum China Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be paid a $0.29 dividend. The ex-dividend date is Thursday, August 27th. This represents a $1.16 annualized dividend and a yield of 2.5%. Yum China’s payout ratio is 42.49%.

Insider Transactions at Yum China

In other Yum China news, insider Jeff Kuai sold 14,586 shares of the 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 transaction, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 transaction of $1,134,439.68. Following the completion of the sale, the insider owned 7,589 shares of the company’s stock, valued at approximately $357,290.12. The trade was a 76.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.44% of the company’s stock.

Wall Street Analysts Forecast Growth

YUMC has been the subject of several recent analyst 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. The Goldman Sachs Group reiterated a “buy” rating and set a $59.00 target price on shares of Yum China in a research note on Thursday, July 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a research note on Friday, August 21st. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.21.

Check Out Our Latest Analysis on YUMC

Yum China Company 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.

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

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