Royal Bank of Canada Sells 534,642 Shares of Yum China $YUMC

Royal Bank of Canada decreased its position in shares of Yum China (NYSE:YUMC) by 4.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,600,561 shares of the company’s stock after selling 534,642 shares during the period. Royal Bank of Canada’s holdings in Yum China were worth $517,094,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in YUMC. Principal Financial Group Inc. grew its holdings in Yum China by 3.0% during the 1st quarter. Principal Financial Group Inc. now owns 22,606,740 shares of the company’s stock valued at $1,111,135,000 after purchasing an additional 649,629 shares during the last quarter. Dodge & Cox boosted its position in shares of Yum China by 0.4% during the fourth quarter. Dodge & Cox now owns 8,553,962 shares of the company’s stock valued at $408,366,000 after buying an additional 33,100 shares during the period. Mondrian Investment Partners LTD raised its holdings in shares of Yum China by 112.0% in the fourth quarter. Mondrian Investment Partners LTD now owns 7,854,198 shares of the company’s stock worth $374,959,000 after buying an additional 4,148,966 shares during the period. Norges Bank bought a new stake in shares of Yum China during the 4th quarter worth approximately $280,656,000. Finally, Alliancebernstein L.P. grew its position in Yum China by 13.1% in the 2nd quarter. Alliancebernstein L.P. now owns 5,871,382 shares of the company’s stock valued at $262,509,000 after acquiring an additional 677,928 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

Yum China Stock Up 1.9%

Shares of NYSE YUMC opened at $45.57 on Wednesday. The stock has a market capitalization of $15.91 billion, a PE ratio of 17.46, a price-to-earnings-growth ratio of 1.25 and a beta of 0.10. The company has a current ratio of 1.01, a quick ratio of 0.83 and a debt-to-equity ratio of 0.01. Yum China has a 12-month low of $40.15 and a 12-month high of $58.39. The stock’s fifty day simple moving average is $43.03 and its two-hundred day simple moving average is $47.98.

Yum China (NYSE:YUMC) last announced its earnings results on Wednesday, April 29th. The company reported $0.87 earnings per share for the quarter, meeting the consensus estimate of $0.87. The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.21 billion. Yum China had a net margin of 7.83% and a return on equity of 15.11%. Yum China’s revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm earned $0.77 earnings per share. As a group, analysts expect that Yum China will post 2.94 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Yum China from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings downgraded Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. 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, Yum China has a consensus rating of “Moderate Buy” and a consensus target price of $59.05.

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.