Yum China (NYSE:YUMC) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Yum China (NYSE:YUMC – Get Free Report) has received an average rating of “Moderate Buy” from the four brokerages that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $59.21.

A number of brokerages have recently issued reports on YUMC. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Yum China in a research report on Friday, August 21st. Wall Street Zen upgraded Yum China from a “hold” rating to a “buy” rating in a research report on Monday, August 17th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $59.00 price target on shares of Yum China in a research note on Thursday, July 30th.

Read Our Latest Report on Yum China

Insider Activity at Yum China

In related news, insider Duoduo (Howard) Huang sold 24,096 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $47.08, for a total value of $1,134,439.68. Following the completion of the sale, the insider owned 7,589 shares in the company, valued at approximately $357,290.12. This represents a 76.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeff Kuai sold 14,586 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $47.72, for a total transaction of $696,043.92. Following the completion of the transaction, the insider directly owned 63,541 shares of the company’s stock, valued at $3,032,176.52. This represents a 18.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.44% of the company’s stock.

Hedge Funds Weigh In On Yum China

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Yum China in the second quarter valued at $523,000. Tidal Investments LLC purchased a new position in shares of Yum China during the second quarter valued at $3,192,000. Integrated Wealth Concepts LLC grew its holdings in shares of Yum China by 24.4% during the second quarter. Integrated Wealth Concepts LLC now owns 5,719 shares of the company’s stock valued at $234,000 after buying an additional 1,120 shares in the last quarter. IFP Advisors Inc raised its position in Yum China by 72.2% during the second quarter. IFP Advisors Inc now owns 8,389 shares of the company’s stock valued at $343,000 after buying an additional 3,516 shares during the period. Finally, Baird Financial Group Inc. raised its position in Yum China by 6.9% during the second quarter. Baird Financial Group Inc. now owns 14,551 shares of the company’s stock valued at $595,000 after buying an additional 938 shares during the period. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Yum China Stock Down 0.2%

YUMC stock opened at $40.40 on Wednesday. The firm has a market cap of $13.83 billion, a PE ratio of 14.80, a P/E/G ratio of 1.06 and a beta of 0.08. Yum China has a 12 month low of $40.15 and a 12 month high of $58.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.96 and a quick ratio of 0.78. The firm has a 50 day simple moving average of $44.98 and a 200 day simple moving average of $45.87.

Yum China (NYSE:YUMC – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.03. The company had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Yum China had a return on equity of 15.82% and a net margin of 7.84%.The firm’s revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 earnings per share. Equities research analysts forecast that Yum China will post 2.95 earnings per share for the current fiscal year.

Yum China Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Thursday, August 27th. Yum China’s dividend payout ratio (DPR) is presently 42.49%.

Yum China Company Profile

(Get Free Report)

Yum China Holdings, Inc (NYSE:YUMC) is a restaurant company that operates and franchises brands across mainland China. It is the exclusive operator of KFC and Pizza Hut in China and also operates Taco Bell restaurants in the market.

The company’s broader portfolio includes Chinese restaurant concepts such as Huang Ji Huang and Little Sheep, as well as coffee and beverage brands including Lavasa and COFFii & JOY. Its restaurants offer a range of quick-service meals, casual dining options, beverages and related food products through dine-in, takeaway, delivery and digital ordering channels.

Yum China became an independent, publicly traded company in 2016 following its separation from Yum! Brands.

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