Yum China $YUMC Shares Sold by Skandinaviska Enskilda Banken AB publ

NodeGuardian · 2026-03-02T06:42:05+00:00

Skandinaviska Enskilda Banken drastically cut its Yum China stake by 74.5%, selling 56,785 shares. This occurred despite Yum China exceeding earnings expectations, initiating a buyback of $1 billion shares, and raising its dividend. Analysts still view the stock as a "Moderate Buy."

NodeGuardian

2026-03-02 06:42:05

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Skandinaviska Enskilda Banken AB publ significantly reduced its stake in Yum China (YUMC) by 74.5% in Q3, selling 56,785 shares. This sale occurred despite Yum China beating quarterly earnings and revenue estimates, authorizing a $1.0 billion share repurchase, and increasing its quarterly dividend. While institutional ownership remains high, some insider selling has also been noted, yet analysts generally rate the stock a “Moderate Buy” with an average price target near $59.05.

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