Yum ChinaYUMC
About: With almost 13,000 units and USD 10 billion in systemwide sales in 2022, Yum China is the largest restaurant chain in China. It generates revenue through its own restaurants and franchise fees. Key concepts include KFC (9,094 units) and Pizza Hut (2,903), but the company's portfolio also includes other brands such as Little Sheep, East Dawning, Taco Bell, Huang Ji Huang, COFFii & Joy, and Lavazza (collectively representing about 950 units). Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to the company it separated from in October 2016.
Employees: 432,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
4.69% more ownership
Funds ownership: 70.67% [Q1] → 75.36% (+4.69%) [Q2]
8% less repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 209
7% less funds holding
Funds holding: 662 [Q1] → 618 (-44) [Q2]
16% less call options, than puts
Call options by funds: $39.5M | Put options by funds: $46.9M
23% less capital invested
Capital invested by funds: $11.8B [Q1] → $9.12B (-$2.69B) [Q2]
27% less funds holding in top 10
Funds holding in top 10: 11 [Q1] → 8 (-3) [Q2]
43% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 103
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
JP Morgan Kevin Yin 50% 1-year accuracy 1 / 2 met price target | 25%upside $60 | Overweight Upgraded | 5 Nov 2024 |
Financial journalist opinion
Based on 23 articles about YUMC published over the past 30 days