Yum China $YUMC Stock Holdings Increased by Pictet North America Advisors SA

Market Beat
2026.01.03 12:19
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Pictet North America Advisors SA increased its stake in Yum China (NYSE:YUMC) by 4.9% in Q3, owning 497,944 shares valued at approximately $21.3 million. Other hedge funds also raised their positions. Yum China's stock is rated as "Buy" with a target price of $55.00. The company reported Q3 earnings of $0.76 per share, meeting estimates, and announced a quarterly dividend of $0.24 per share. Yum China also approved a $1 billion stock buyback plan, indicating management's belief in the stock's undervaluation.