Yum China $YUMC Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp cut its position in shares of Yum China (NYSE:YUMC) by 10.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 3,670,487 shares of the company’s stock after selling 441,042 shares during the period. Bank of New York Mellon Corp’s holdings in Yum China were worth $179,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in YUMC. ABC Arbitrage SA acquired a new stake in shares of Yum China during the first quarter worth $918,000. Principal Financial Group Inc. boosted its holdings in shares of Yum China by 3.0% in 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 buying an additional 649,629 shares during the period. Matthews International Capital Management LLC grew its position in shares of Yum China by 77.8% during the 1st quarter. Matthews International Capital Management LLC now owns 554,911 shares of the company’s stock valued at $27,069,000 after buying an additional 242,785 shares during the last quarter. AMF Tjanstepension AB grew its position in shares of Yum China by 16.8% during the 1st quarter. AMF Tjanstepension AB now owns 44,506 shares of the company’s stock valued at $2,171,000 after buying an additional 6,406 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky raised its stake in Yum China by 42.4% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 752,360 shares of the company’s stock worth $36,701,000 after acquiring an additional 224,060 shares during the period. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Stock Performance

YUMC stock opened at $43.92 on Friday. Yum China has a 1 year low of $40.15 and a 1 year high of $58.39. The stock has a market capitalization of $15.34 billion, a price-to-earnings ratio of 16.83, a PEG ratio of 1.23 and a beta of 0.10. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.83 and a current ratio of 1.01. The stock’s fifty day moving average is $43.38 and its two-hundred day moving average is $48.17.

Yum China (NYSE:YUMC) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.87 EPS for the quarter, hitting the consensus estimate of $0.87. Yum China had a net margin of 7.83% and a return on equity of 15.11%. The business had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.21 billion. During the same quarter in the prior year, the firm earned $0.77 earnings per share. The company’s quarterly revenue was up 9.7% on a year-over-year basis. On average, research analysts predict that Yum China will post 2.94 EPS for the current year.

Yum China Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 27th were given a dividend of $0.29 per share. The ex-dividend date was Wednesday, May 27th. This represents a $1.16 annualized dividend and a dividend yield of 2.6%. Yum China’s payout ratio is currently 44.44%.

Analyst Ratings Changes

YUMC has been the topic of a number of recent research reports. Weiss Ratings cut shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Wall Street Zen lowered Yum China from a “buy” rating to a “hold” rating in a report on Saturday. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Yum China has a consensus rating of “Moderate Buy” and an average target price of $59.05.

About Yum China

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.