BlackRock Amends Yum China Holdings Stake as of Dec 31, 2023
Ticker: YUMC · Form: SC 13G/A · Filed: 2024-02-07T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still holds Yum China, signaling institutional confidence.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on February 7, 2024, disclosing its ownership in Yum China Holdings, Inc. as of December 31, 2023. This amendment, number 8, indicates BlackRock continues to be a significant institutional holder of Yum China's Common Stock. For investors, this filing confirms BlackRock's ongoing confidence in Yum China, suggesting a stable institutional backing for the stock.
Why It Matters
This filing shows BlackRock's continued, significant investment in Yum China, which can be seen as a vote of confidence from a major institutional investor.
Risk Assessment
Risk Level: low — This is a routine amendment from a large institutional investor, indicating stable ownership rather than a significant change in risk.
Analyst Insight
Investors should note BlackRock's continued presence as a major shareholder, which can provide a baseline of institutional support for Yum China Holdings, Inc. stock. This is a routine update, not signaling a major shift.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Yum China Holdings, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 7, 2024 (date) — the filing date of the SC 13G/A
- 98850P109 (other) — the CUSIP number for Yum China Holdings Inc. Common Stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 8' in the filing.
Who is the 'subject company' in this filing?
The subject company is Yum China Holdings, Inc., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Yum China Holdings, Inc.' in the filing.
Who is the 'filed by' entity in this document?
The entity that filed this document is BlackRock Inc., as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' in the filing.
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which required this filing was December 31, 2023, as explicitly stated in the filing.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Yum China Holdings Inc. is 98850P109, as listed in the filing.
From the Filing
EDGAR Filing Documents for 0001086364-24-006723 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-006723 Filing Date 2024-02-07 Accepted 2024-02-07 12:16:53 Documents 1 Document Format Files Seq Description Document Type Size 1 us98850p1093_020724.txt SC 13G/A 11996 Complete submission text file 0001086364-24-006723.txt 13901 Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance) Mailing Address 101 EAST PARK BOULEVARD, SUITE 805 PLANO TX 75074 Business Address 101 EAST PARK BOULEVARD, SUITE 805 PLANO TX 75074 (469)980-2898 Yum China Holdings, Inc. (Subject) CIK : 0001673358 (see all company filings) EIN. : 812421743 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-89702 | Film No.: 24603185 SIC : 5812 Retail-Eating Places (CF Office: 07 Trade & Services)