Yum China (NYSE:YUMC – Get Free Report) insider Pingping Liu sold 1,062 shares of the stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $50.65, for a total value of $53,790.30. Following the sale, the insider directly owned 22,573 shares in the company, valued at approximately $1,143,322.45. The trade was a 4.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Yum China Stock Up 0.0%
YUMC stock opened at $49.95 on Monday. The stock has a market capitalization of $16.83 billion, a P/E ratio of 17.35, a PEG ratio of 1.30 and a beta of 0.06. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.55 and a current ratio of 0.67. Yum China has a one year low of $39.72 and a one year high of $58.39. The company has a 50 day moving average price of $43.49 and a two-hundred day moving average price of $46.86.
Yum China (NYSE:YUMC – Get Free Report) last issued its quarterly earnings results on Tuesday, November 3rd. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. Yum China had a return on equity of 16.48% and a net margin of 7.90%. The company had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.50 billion. During the same period in the previous year, the firm posted $0.76 EPS. Yum China’s revenue was up 8.5% on a year-over-year basis. As a group, sell-side analysts expect that Yum China will post 2.95 EPS for the current year.
Yum China Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Tuesday, December 1st will be given a $0.29 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.3%. Yum China’s payout ratio is currently 40.28%.
Hedge Funds Weigh In On Yum China
Several institutional investors and hedge funds have recently bought and sold shares of YUMC. Bell Investment Advisors Inc boosted its holdings in shares of Yum China by 55.5% in the 3rd quarter. Bell Investment Advisors Inc now owns 726 shares of the company’s stock valued at $30,000 after purchasing an additional 259 shares during the last quarter. Kestra Advisory Services LLC grew its stake in shares of Yum China by 3.5% during the 3rd quarter. Kestra Advisory Services LLC now owns 7,714 shares of the company’s stock valued at $317,000 after buying an additional 259 shares during the period. Eastern Bank boosted its holdings in Yum China by 12.6% in the second quarter. Eastern Bank now owns 2,984 shares of the company’s stock valued at $122,000 after acquiring an additional 335 shares during the last quarter. Ethic Inc. boosted its holdings in Yum China by 3.4% in the third quarter. Ethic Inc. now owns 10,352 shares of the company’s stock valued at $425,000 after acquiring an additional 345 shares during the last quarter. Finally, Lido Advisors LLC boosted its holdings in Yum China by 6.7% in the first quarter. Lido Advisors LLC now owns 7,214 shares of the company’s stock valued at $352,000 after acquiring an additional 451 shares during the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.
Analyst Ratings Changes
Several research firms recently weighed in on YUMC. Wall Street Zen downgraded Yum China from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. Weiss Ratings raised Yum China from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, November 2nd. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $59.00 price target on shares of Yum China in a report on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Yum China currently has an average rating of “Moderate Buy” and an average target price of $59.21.
View Our Latest Stock Report on Yum China
Yum China Company Profile
Yum China Holdings operates quick-service and casual-dining restaurants in China. Its portfolio includes KFC and Pizza Hut, along with local and regional brands such as Little Sheep and Huang Ji Huang. The company was separated from Yum! Brands in 2016 and became an independent, publicly traded company.
Its restaurants serve a range of meals and beverages, including fried chicken, burgers, pizza, hot pot and other Chinese-style dishes, as well as coffee. Yum China also offers delivery and digital ordering services through its apps and other platforms.
Yum China’s operations are focused on China, where it serves customers through a broad restaurant network.
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