Fifth Third Bancorp increased its holdings in shares of Yum China (NYSE:YUMC – Free Report) by 90.3% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 40,888 shares of the company’s stock after purchasing an additional 19,397 shares during the quarter. Fifth Third Bancorp’s holdings in Yum China were worth $1,995,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Yum China in the fourth quarter valued at approximately $280,656,000. Mondrian Investment Partners LTD lifted its position in Yum China by 112.0% in the 4th quarter. Mondrian Investment Partners LTD now owns 7,854,198 shares of the company’s stock valued at $374,959,000 after acquiring an additional 4,148,966 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Yum China by 8.9% in the 4th quarter. Principal Financial Group Inc. now owns 21,957,111 shares of the company’s stock worth $1,039,945,000 after purchasing an additional 1,787,450 shares during the period. Hsbc Holdings PLC boosted its stake in Yum China by 132.4% in the 1st quarter. Hsbc Holdings PLC now owns 1,759,348 shares of the company’s stock worth $85,827,000 after purchasing an additional 1,002,313 shares during the period. Finally, Swedbank AB increased its holdings in Yum China by 1,727.2% during the 1st quarter. Swedbank AB now owns 779,564 shares of the company’s stock worth $38,027,000 after purchasing an additional 736,900 shares in the last quarter. Institutional investors own 85.58% of the company’s stock.
Yum China Stock Performance
Shares of YUMC stock opened at $43.37 on Thursday. Yum China has a 12 month low of $40.15 and a 12 month high of $58.39. The company’s fifty day simple moving average is $43.14 and its 200-day simple moving average is $48.07. The firm has a market cap of $15.14 billion, a PE ratio of 16.62, a P/E/G ratio of 1.20 and a beta of 0.10. The company has a quick ratio of 0.83, a current ratio of 1.01 and a debt-to-equity ratio of 0.01.
Yum China Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, May 27th were given a $0.29 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.7%. Yum China’s payout ratio is currently 44.44%.
Wall Street Analyst Weigh In
Several research firms have issued reports on YUMC. Weiss Ratings downgraded Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. Wall Street Zen downgraded Yum China from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Yum China currently has a consensus rating of “Moderate Buy” and an average target price of $59.05.
Read Our Latest Stock Report on YUMC
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.
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