Osaic Holdings Inc. Has $2.57 Million Stake in Yum China $YUMC

Osaic Holdings Inc. boosted its position in shares of Yum China (NYSE:YUMC) by 34.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 55,204 shares of the company’s stock after buying an additional 14,067 shares during the quarter. Osaic Holdings Inc.’s holdings in Yum China were worth $2,571,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of Yum China by 21.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 29,150,667 shares of the company’s stock worth $1,303,326,000 after purchasing an additional 5,164,701 shares during the last quarter. Alliancebernstein L.P. lifted its stake 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 purchasing an additional 677,928 shares during the last quarter. Norges Bank bought a new position in Yum China during the second quarter worth about $201,814,000. Waverton Investment Management Ltd increased its position in Yum China by 7.9% during the second quarter. Waverton Investment Management Ltd now owns 4,312,378 shares of the company’s stock worth $192,785,000 after buying an additional 316,513 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Yum China by 3.6% in the second quarter. Bank of New York Mellon Corp now owns 3,976,708 shares of the company’s stock valued at $177,799,000 after buying an additional 140,005 shares during the period. Institutional investors own 85.58% of the company’s stock.

Insider Activity

In other Yum China news, insider Warton Wang sold 8,187 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $48.28, for a total value of $395,268.36. Following the completion of the sale, the insider owned 46,847 shares of the company’s stock, valued at $2,261,773.16. The trade was a 14.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jeff Kuai sold 5,167 shares of the stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $48.00, for a total transaction of $248,016.00. Following the transaction, the insider owned 56,602 shares in the company, valued at approximately $2,716,896. The trade was a 8.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 18,242 shares of company stock valued at $878,397. 0.40% of the stock is owned by company insiders.

Yum China Price Performance

Yum China stock opened at $49.12 on Friday. The company has a market capitalization of $17.75 billion, a price-to-earnings ratio of 20.38, a PEG ratio of 1.82 and a beta of 0.14. The company has a current ratio of 1.32, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. Yum China has a 12 month low of $41.00 and a 12 month high of $53.99. The stock’s 50 day moving average is $46.50 and its 200-day moving average is $45.45.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The business had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.20 billion. Yum China had a return on equity of 14.08% and a net margin of 7.81%.The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the firm posted $0.77 EPS. Equities research analysts expect that Yum China will post 2.54 EPS for the current year.

Yum China announced that its Board of Directors has initiated a share buyback program on Friday, December 12th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 5.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Yum China Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, December 2nd. Yum China’s payout ratio is presently 39.83%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. CLSA reiterated an “outperform” rating and set a $55.00 target price on shares of Yum China in a research note on Tuesday, November 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Yum China in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $55.00.

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.