Yum China $YUMC Shares Bought by Assetmark Inc.

Assetmark Inc. increased its stake in Yum China (NYSE:YUMC) by 16.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 627,455 shares of the company’s stock after acquiring an additional 86,550 shares during the quarter. Assetmark Inc.’s holdings in Yum China were worth $30,607,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of YUMC. Main Street Group LTD acquired a new position in shares of Yum China in the 1st quarter valued at $26,000. Westover Capital Advisors LLC acquired a new stake in Yum China during the 1st quarter worth about $1,733,000. ABC Arbitrage SA acquired a new stake in Yum China during the 1st quarter worth about $918,000. Principal Financial Group Inc. lifted its stake in Yum China by 3.0% during the first 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 in the last quarter. Finally, Matthews International Capital Management LLC lifted its stake in Yum China by 77.8% during the first 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 in the last quarter. 85.58% of the stock is owned by hedge funds and other institutional investors.

Yum China Price Performance

Shares of YUMC opened at $43.92 on Friday. The company has a market capitalization of $15.34 billion, a price-to-earnings ratio of 16.83, a P/E/G ratio of 1.23 and a beta of 0.10. Yum China has a fifty-two week low of $40.15 and a fifty-two week high of $58.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.01 and a quick ratio of 0.83. The business’s 50-day moving average is $43.38 and its 200-day moving average is $48.17.

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

Yum China Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, May 27th were given a $0.29 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $1.16 dividend on an annualized basis and a yield of 2.6%. Yum China’s dividend payout ratio is presently 44.44%.

Wall Street Analysts Forecast Growth

YUMC has been the topic of several analyst reports. Wall Street Zen downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings downgraded shares of Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Yum China presently has a consensus rating of “Moderate Buy” and an average 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.