Mirae Asset Global Investments Co. Ltd. Sells 71,641 Shares of Yum China $YUMC

Mirae Asset Global Investments Co. Ltd. cut its holdings in shares of Yum China (NYSE:YUMCFree Report) by 46.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,698 shares of the company’s stock after selling 71,641 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Yum China were worth $3,549,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in YUMC. Concurrent Investment Advisors LLC grew its stake in shares of Yum China by 4.7% in the second quarter. Concurrent Investment Advisors LLC now owns 5,106 shares of the company’s stock worth $228,000 after purchasing an additional 230 shares during the last quarter. BNP Paribas lifted its holdings in Yum China by 1.6% during the 2nd quarter. BNP Paribas now owns 15,500 shares of the company’s stock worth $694,000 after buying an additional 250 shares during the period. Everstar Asset Management LLC lifted its holdings in Yum China by 5.3% during the 2nd quarter. Everstar Asset Management LLC now owns 5,388 shares of the company’s stock worth $241,000 after buying an additional 272 shares during the period. Coldstream Capital Management Inc. grew its position in shares of Yum China by 5.4% in the 2nd quarter. Coldstream Capital Management Inc. now owns 5,518 shares of the company’s stock valued at $247,000 after buying an additional 283 shares during the last quarter. Finally, M&T Bank Corp increased its stake in shares of Yum China by 0.7% in the second quarter. M&T Bank Corp now owns 46,429 shares of the company’s stock valued at $2,076,000 after buying an additional 319 shares during the period. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

YUMC has been the topic of a number of recent analyst reports. CLSA reaffirmed an “outperform” rating and issued a $55.00 price objective on shares of Yum China in a research note on Tuesday, November 25th. Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Yum China presently has a consensus rating of “Moderate Buy” and an average target price of $55.00.

View Our Latest Analysis on Yum China

Insider Activity at Yum China

In related news, insider Jeff Kuai sold 5,167 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $48.00, for a total transaction of $248,016.00. Following the transaction, the insider directly owned 56,602 shares of the company’s stock, valued at $2,716,896. This represents a 8.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Warton Wang sold 8,187 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $48.28, for a total transaction 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 18,242 shares of company stock worth $878,397 in the last quarter. Company insiders own 0.40% of the company’s stock.

Yum China Trading Up 2.3%

NYSE YUMC opened at $50.57 on Tuesday. The stock has a market capitalization of $18.28 billion, a P/E ratio of 20.98, a P/E/G ratio of 1.59 and a beta of 0.13. The business has a 50 day simple moving average of $48.12 and a 200 day simple moving average of $46.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.32 and a quick ratio of 1.15. Yum China has a one year low of $41.00 and a one year high of $53.99.

Yum China (NYSE:YUMCGet Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.76. The firm had revenue of $3.21 billion for 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 company’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.77 EPS. Research analysts expect that Yum China will post 2.54 earnings per share for the current year.

Yum China announced that its Board of Directors has approved a share buyback plan on Friday, December 12th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to buy up to 5.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Yum China Profile

(Free Report)

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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Institutional Ownership by Quarter for Yum China (NYSE:YUMC)

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