Yum China (NYSE:YUMC) Insider Warton Wang Sells 5,493 Shares of Stock

Yum China (NYSE:YUMC – Get Free Report) insider Warton Wang sold 5,493 shares of the company’s stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $50.63, for a total value of $278,110.59. Following the transaction, the insider directly owned 60,580 shares of the company’s stock, valued at approximately $3,067,165.40. This trade represents a 8.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Warton Wang also recently made the following trade(s):

  • On Friday, November 6th, Warton Wang sold 3,700 shares of Yum China stock. The stock was sold at an average price of $50.56, for a total transaction of $187,072.00.

Yum China Price Performance

NYSE YUMC opened at $49.95 on Monday. The company has a quick ratio of 0.55, a current ratio of 0.67 and a debt-to-equity ratio of 0.01. Yum China has a 12-month low of $39.72 and a 12-month high of $58.39. The company has a market capitalization of $16.83 billion, a PE ratio of 17.35, a price-to-earnings-growth ratio of 1.30 and a beta of 0.06. The firm’s 50 day moving average is $43.49 and its 200-day moving average is $46.86.

Yum China (NYSE:YUMC – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03. Yum China had a net margin of 7.90% and a return on equity of 16.48%. The business had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.50 billion. During the same quarter in the prior year, the company posted $0.76 earnings per share. The firm’s revenue was up 8.5% on a year-over-year basis. Equities research analysts anticipate that Yum China will post 2.95 earnings per share for the current fiscal year.

Yum China Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Tuesday, December 1st will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, December 1st. Yum China’s payout ratio is presently 40.28%.

Hedge Funds Weigh In On Yum China

Hedge funds and other institutional investors have recently made changes to their positions in the company. W1M Asset Management Ltd bought a new stake in Yum China during the second quarter worth $320,227,000. Bank of New York Mellon Corp acquired a new stake in Yum China in the second quarter valued at $146,826,000. Bank of America Corp DE acquired a new stake in Yum China in the second quarter valued at $96,255,000. Legal & General Group Plc acquired a new stake in Yum China in the second quarter valued at $76,294,000. Finally, Hsbc Holdings PLC bought a new position in shares of Yum China in the 2nd quarter valued at about $61,637,000. 85.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on YUMC. Wall Street Zen downgraded shares of Yum China from a “buy” rating to a “hold” rating in a research note on Saturday, October 10th. Weiss Ratings upgraded Yum China from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, November 2nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $59.00 target price on shares of Yum China in a research report on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $59.21.

Check Out Our Latest Research Report on YUMC

Yum China Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Yum China (NYSE:YUMC)

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